Technical Analysis for BAM - Brookfield Asset Management Ltd

Grade Last Price % Change Price Change
C 53.370 -2.27% -1.240
BAM closed unchanged on Tuesday, May 7, 2024, on 50 percent of normal volume. It ran into resistance at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
50 DMA Resistance Bearish -2.27%
Shooting Star Candlestick Bearish -2.27%
Upper Bollinger Band Touch Strength -2.27%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -2.27%
Crossed Above 20 DMA Bullish -2.27%
MACD Bullish Signal Line Cross Bullish -2.27%
Pocket Pivot Bullish Swing Setup -2.27%
Gapped Up Strength -2.27%
Up 3 Days in a Row Strength -2.27%
20 DMA Resistance Bearish -0.26%

   Recent Intraday Alerts

Alert Time
Lower Bollinger Band Support about 2 hours ago
Down 2 ATRs about 2 hours ago
Down 1 ATR about 2 hours ago
Down 3% about 2 hours ago
Down 2% about 2 hours ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Brookfield Asset Management Ltd Description

Brookfield Asset Management Ltd. provides alternative asset management services. Its renewable power and transition business includes the ownership, operation, and development of hydroelectric, wind, solar, and energy transition power generating assets. The company's infrastructure business engages in the ownership, operation, and development of utilities, transport, midstream, data and sustainable resource assets. In addition, its private equity business offers business, infrastructure, and industrials services; and real estate business, which includes core investments, and transitional and development investments. Further, the company engages in the residential development business including homebuilding, and condominium and land development. Brookfield Asset Management Ltd. was incorporated in 2022 and is headquartered in Toronto, Canada.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Real Estate Asset Management S&P/Tsx Composite Index Brookfield Asset Management Asset Management Services Brookfield Renewable Partners Management Accounting

Is BAM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 58.19
52 Week Low 39.2651
Average Volume 1,040,264
200-Day Moving Average 49.588
50-Day Moving Average 55.243
20-Day Moving Average 53.700
10-Day Moving Average 53.639
Average True Range 1.211
RSI (14) 52.38
ADX 15.74
+DI 28.772
-DI 25.172
Chandelier Exit (Long, 3 ATRs) 53.409
Chandelier Exit (Short, 3 ATRs) 55.582
Upper Bollinger Bands 55.314
Lower Bollinger Band 52.086
Percent B (%b) 0.78
BandWidth 6.012
MACD Line -0.381
MACD Signal Line -0.543
MACD Histogram 0.1616
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 56.230
Resistance 3 (R3) 56.397 56.023 55.960
Resistance 2 (R2) 56.023 55.611 55.940 55.870
Resistance 1 (R1) 55.317 55.356 55.130 55.150 55.780
Pivot Point 54.943 54.943 54.850 54.860 54.943
Support 1 (S1) 54.237 54.531 54.050 54.070 53.440
Support 2 (S2) 53.863 54.276 53.780 53.350
Support 3 (S3) 53.157 53.863 53.260
Support 4 (S4) 52.990