Question 1

What implications does the 10-day RSI indicator have for BAM?

Accepted Answer

The 10-day RSI Indicator for BAM moved out of overbought territory on August 01, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In 25 of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

What does the Stochastic Oscillator suggest about BAM's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 3

How did BAM's Momentum indicator behave recently?

Accepted Answer

BAM saw its Momentum Indicator move above the 0 level on August 16, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 88 similar instances where the indicator turned positive. In 61 of the 88 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for BAM?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for BAM turned negative on August 02, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 42 similar instances when the indicator turned negative. In 26 of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

What is the significance of the 50-day moving average indicator for BAM?

Accepted Answer

BAM moved above its 50-day moving average on August 13, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What does a 3-day price advance indicate for BAM?

Accepted Answer

Following a +2.17% 3-day Advance, the price is estimated to grow further. Considering data from situations where BAM advanced for three days, in 213 of 337 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

What does a 3-day decline signify for BAM's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BAM declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 8

What does BAM breaking above its upper Bollinger Band indicate?

Accepted Answer

BAM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 9

How does the Aroon Indicator reflect on BAM's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 143 of 274 cases where BAM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

BAM Stock Brookfield Asset Management (BAM, $39.62) Moving Average Convergence Divergence (MACD) Histogram turned positive on June 5, 2024

Momentum Indicator for BAM turns positive, indicating new upward trend

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