BROOKFIELD BUSINESS PT-UNIT (BBU) Stock Technical Analysis
NYSE:BBU - New York Stock Exchange, Inc. - BMG162341090
We assign a technical rating of 0 out of 10 to BBU. BBU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
61% of all other stocks performed better in the past year than BBU.
In the last month BBU has a been trading in the 21.44 - 24.50 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BBU has an average volume of 18230 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
BBU is an average performer in the Industrial Conglomerates industry, it outperforms 57% of 8 stocks in the same industry.
BBU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BBU is lagging the market.
Although the technical rating is bad, BBU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 21.54, a Stop Loss order could be placed below this zone.
More info and screens
21.30
24.47
We found 1 important support area.
- A support zone ranging from 21.52 to 21.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 23.07 to 23.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.87 to 24.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.66
Mansfield-0.76
10 Day High24.5
10 Day Low21.44
20 Day High24.5
20 Day Low21.44
52 Week High26.75
52 Week Low16.85
Performance
1 Week-2.58%
2 Weeks-9.03%
1 Month-5.69%
3 Month-9.15%
6 Month8.51%
12 Month6.94%
2 Year3.82%
3 Year-50.9%
5 Year-48.75%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)36.88
LBB21.01
UBB23.98
BROOKFIELD BUSINESS PT-UNIT
NYSE:BBU (1/17/2025, 8:04:00 PM)
21.55
-0.23 (-1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-1.06%
1 Week-2.58%
2 Weeks-9.03%
1 Month-5.69%
3 Month-9.15%
6 Month8.51%
12 Month6.94%
2 Year3.82%
3 Year-50.9%
5 Year-48.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%3.86%
ATR Inc-26.89%
Range Today0.6
ADR(20)0.8
ADR(20)%3.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.66
Mansfield-0.76
10 Day High24.5
10 Day Low21.44
20 Day High24.5
20 Day Low21.44
52 Week High26.75
52 Week Low16.85
CS1 End21.54
CR1 Start23.07
Volume & EV
DER(3)-4.2%
DER(5)-4.61%
Volume10.20K
Volume Incr14.79%
Vol(5)19.36K
Vol(50)18.23K