BROOKFIELD CORP (BN) Stock Technical Analysis
NYSE:BN - New York Stock Exchange, Inc. - CA11271J1075 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to BN. BN was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month BN has a been trading in the 56.47 - 62.78 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, BN did better than 86% of all other stocks. On top of that, BN also shows a nice and consistent pattern of rising prices.
BN is one of the better performing stocks in the Capital Markets industry, it outperforms 83% of 225 stocks in the same industry.
BN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BN is performing more or less in line with the market.
BN has an average volume of 2194650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
BN has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
52.13
62.68
When analyzing the support we can see 3 important areas.
- A support zone ranging from 55.82 to 56.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 54.90 to 54.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.66 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 58.36 to 59.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 61.39 to 62.06. This zone is formed by a combination of multiple trend lines 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
CRS86.96
Mansfield1
10 Day High61.5
10 Day Low56.47
20 Day High62.78
20 Day Low56.47
52 Week High62.78
52 Week Low38.18
Performance
1 Week-1.56%
2 Weeks-4.04%
1 Month-6.62%
3 Month-5.62%
6 Month15.23%
12 Month39.48%
2 Year74.26%
3 YearN/A
5 YearN/A
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)-0.36
RSI(14)45.08
LBB56.37
UBB61.73
56.6
-1.34 (-2.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.31%
1 Week-1.56%
2 Weeks-4.04%
1 Month-6.62%
3 Month-5.62%
6 Month15.23%
12 Month39.48%
2 Year74.26%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.44
ATR(20)%2.65%
ATR Inc2.38%
Range Today2.63
ADR(20)1.36
ADR(20)%2.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.96
Mansfield1
10 Day High61.5
10 Day Low56.47
20 Day High62.78
20 Day Low56.47
52 Week High62.78
52 Week Low38.18
CS1 End56.11
CR1 Start58.36
Volume & EV
DER(3)2.78%
DER(5)1.19%
Volume2.73M
Volume Incr24.26%
Vol(5)2.48M
Vol(50)2.19M