BROOKFIELD CORP (BN)

CA11271J1075 - Common Stock

41.54  -0.02 (-0.05%)

Technical Rating and Analysis

5

Taking everything into account, BN scores 5 out of 10 in our technical rating. In the last year, BN was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

BN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
BN is part of the Capital Markets industry. There are 212 other stocks in this industry. BN outperforms 72% of them.
BN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BN is lagging the market slightly.
BN has an average volume of 3818510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BN is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Weekly and Daily overview Charts
BN Weekly chart
BN Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, BN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 41.14, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

28.33

45.31

3 important support areas can be observed.

  • A support zone ranging from 40.12 to 41.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 38.57 to 39.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @28.62 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 41.69 to 42.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 44.79 to 44.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.91
Mansfield-0.27
10 Day High42.08
10 Day Low39.97
20 Day High43.74
20 Day Low39.97
52 Week High45.11
52 Week Low28.84
Performance
1 Week2.39%
2 Weeks1.29%
1 Month-2.63%
3 Month-0.79%
6 Month3.54%
12 Month23.45%
2 YearN/A
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)0.02
RSI(14)47.63
LBB40.5
UBB41.94
BN Daily chart

BROOKFIELD CORP

NYSE:BN (6/28/2024, 7:04:01 PM)

41.54

-0.02 (-0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.05%
1 Week2.39%
2 Weeks1.29%
1 Month-2.63%
3 Month-0.79%
6 Month3.54%
12 Month23.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.9
ATR(20)%2.16%
ATR Inc
Range Today0.8
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High42.08
10 Day Low39.97
20 Day High43.74
20 Day Low39.97
52 Week High45.11
52 Week Low28.84
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.55M
Volume Incr199.68%
Vol(5)9.99M
Vol(50)3.82M