Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
BROOKFIELD ASSET MGMT LTD (TSE:BAM)
Sidelines Mode (+55) - BAM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BAM?
MarketClub looks at technical strength and momentum to determine if the timing is right for BAM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BAM
The long-term trend has been DOWN since May 1st, 2024 at 51.96
The intermediate-term trend has been UP since May 7th, 2024 at 54.90
The short-term trend has been DOWN since May 8th, 2024 at 53.20
Smart Scan Analysis for BAM
Based on our trend formula, BAM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 54.10 | 54.10 | 52.06 | 53.79 | -0.82 |
| Prev. Close | Volume | Bid | Ask | Time |
| 53.78 | 823851 | 2024-05-08 15:59:44 |