Question 1

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

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 2

How did BBU's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on BBU as a result. In 56 of 77 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 3

What does MACD indicator imply for BBU?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for BBU 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 44 similar instances when the indicator turned negative. In 33 of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 4

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

Accepted Answer

BBU moved above its 50-day moving average on August 08, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

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

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where BBU advanced for three days, in 198 of 275 cases, the price rose further within the following month. The odds of a continued upward trend are 72%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BBU 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 69%.

Question 7

What does BBU breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 8

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

Accepted Answer

The Aroon Indicator for BBU entered a downward trend on August 16, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

BBU Stock Brookfield Business Partners LPLimited Partnership Units (BBU, $18.59) Moving Average Convergence Divergence (MACD) Histogram turned positive on June 6, 2024

BBU in +2.43% Uptrend, advancing for three consecutive days on August 12, 2024

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