Stock Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
BROOKFIELD ASSET (NYSE:BAM)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
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 UP since Jun 8th, 2018 at 41.200
The intermediate term trend has been DOWN since Oct 10th, 2018 at 42.360
The short term trend has been DOWN since Oct 22nd, 2018 at 41.615
Smart Scan Analysis for BAM
Based on a pre-defined weighted trend formula for chart analysis, BAM scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||45.04||Year High Date||2018-10-01|
|Year Low||37.22||Year Low Date||2018-02-06|
|52wk High||45.04||52wk High Date||2018-10-01|
|52wk Low||37.22||52wk Low Date||2018-02-06|
|Year End Close||36.65||Average Volume||1,187,061|
|Shares Outstanding||618,929||Short Interest||2,468,159|