Stock Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
BROOKFIELD ASSET (NYSE:BAM)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BAM
The long term trend has been DOWN since Feb 2nd, 2018 at 40.660
The intermediate term trend has been UP since Apr 30th, 2018 at 39.935
The short term trend has been DOWN since May 16th, 2018 at 40.230
Smart Scan Analysis for BAM
Based on a pre-defined weighted trend formula for chart analysis, BAM scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||44.06||Year High Date||2018-01-05|
|Year Low||37.22||Year Low Date||2018-02-06|
|52wk High||44.33||52wk High Date||2017-12-18|
|52wk Low||37.22||52wk Low Date||2018-02-06|
|Year End Close||36.65||Average Volume||790,398|
|Shares Outstanding||618,929||Short Interest||2,468,159|