Brookfield Asset Management Inc ($BAM): The Good, The Bad, The Ugly (2019-11-08)

REPORTING FOR 2019-11-08 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how BAM has been trading over the last 2 weeks and the past day especially. On its latest session, Brookfield Asset Management Inc ($BAM) opened at 56.44, reaching a high of 56.86 and a low of 56.41 before closing at a price of 56.56. There was a total volume of 1094585.

VOLUME INDICATORS FOR BROOKFIELD ASSET MANAGEMENT INC ($BAM): We saw an accumulation-distribution index of 198.03286, an on-balance volume of -56.25, chaikin money flow of 1.14286 and a force index of 0.3416. There was an ease of movement rating of 0.00358, a volume-price trend of 6.06169 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR BROOKFIELD ASSET MANAGEMENT INC ($BAM): We noted an average true range of 0.39544, bolinger bands of 57.09566, an upper bollinger band of 54.97434, lower bollinger band of 56.41, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 56.57, high band keltner channel of 56.15, low band keltner channel of 56.99, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 56.41, a donchian channel low band of 56.41, a donchian channel high band indicator of nan, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR BROOKFIELD ASSET MANAGEMENT INC ($BAM): We calculated a Moving Average Convergence Divergence (MACD) of -0.01683, a MACD signal of -0.00935, a MACD difference of -0.00748, a fast Exponential Moving Average (EMA) indicator of 56.41, a slow Exponential Moving Average (EMA) indicator of 56.41, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.58194, a trix of 7.53645, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -5.47709, a KST Oscillator (KST) of 107.53536 and a KST Oscillator (KST Signal) of 107.53536 (leaving a KST difference of -3.68131). We also found an Ichimoku rating of 56.65, an Ichimoku B rating of 56.65, a Ichimoku visual trend A of 52.05721, an Ichimoku visual trend B of 53.09241, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR BROOKFIELD ASSET MANAGEMENT INC ($BAM): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 99.45525, a stochastic oscillator of 107.14286, a stochastic oscillator signal of 107.14286, a Williams %R rating of 7.14286 and an awesome oscillator of -0.0965.

RETURNS FOR BROOKFIELD ASSET MANAGEMENT INC ($BAM): There was a daily return of 10.75354, a daily log return of -1.33847 and a cumulative return of -1.32955.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-08 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Brookfield Asset Management Inc ($BAM)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Brookfield Asset Management Inc ($BAM) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com

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