The construction sector has tremendous growth potential due to the large home shortage. BAM Group went through difficult times, but with a major reorganization and a new CEO Ruud Joosten who only seems to be making good choices at the moment. I see a bright future for BAM GROUP. I have drawn two levels where I get into position.
BAM has been in an uptrend since Feb 2021. However, in mid-February 2022 a nice dip from € 3.45 to € 2.07, but the uptrend has started again reasonably well. If the price continues to rise in the coming weeks, we will see a cup & handle pattern and a test on the fibonacci golden pocket. When this fibonacci is broken, the price can return to € 3.50. And that...
Today BAM is dropping through its three monthly lowest price. Taking this into account, we analyzed the technical analysis. The RSI3M3 indicator has fallen in its oversold region and now we are waiting for the buy signal . Given the downward trend, this could happen within 6 trading days. In addition, the ADT - DeMarker I & DT Bressert indicator must have...
Royal BAM Group nv is a construction firm with ten operating companies in five European home markets and in niche markets worldwide. BAM’s operating companies are active in the business lines Construction and Property, Civil engineering, as well as in Public-private partnerships.
After bad Q2 price dropped to support zone. Possibly fall further, but seems stabilizing on support. BAM is still healthy with good and new big projects as they replied with a statement on the pricedrop We have seen this pattern before in Juli 2014 and price come back strong. Also after bad Q2. Who knows? ABN Amro, a big Dutch bank also gives advise for buy. If...
BAM has moved below it support @4.2 but restored to 4.3, not very interesting at the moment. Might get intereseting when it closes above 4.4 a few bars. turbo of last week could be pulled of again if the price reaches as low (4.2)
(made specificly for our investmentgroup) BAMNB (low) range has finaly been broken. waiting for the price to drop to resistance for possible turbo. momentum is good but RSI is to high for further trend in my oppinion