Brookfield Property REIT Inc (BPYU) Stock Technical Analysis
NASDAQ:BPYU - Nasdaq -
Taking everything into account, BPYU scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
BPYU has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 18.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BPYU in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
17.69
We found 2 important support areas.
- A support zone ranging from 18.25 to 18.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.87 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.64 to 19.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.81 | 18.24 | 0.57 (3.03%) | 25.00% |
| An entry @18.81. This is a Buy Stop order right above the 10 day high. | An exit @18.24. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.57 points, which is 3.03%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.76%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
18.52
-0.16 (-0.86%)