BROOKFIELD RENEWABLE PARTNER (BEP-UN.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:BEP-UN • BMG162581083
Taking everything into account, BEP-UN scores 7 out of 10 in our technical rating. Although BEP-UN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- BEP-UN is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 75% of 33 stocks in the same industry.
- BEP-UN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BEP-UN is lagging the market slightly.
- In the last month BEP-UN has a been trading in the 37.20 - 41.87 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, BEP-UN outperforms 52% of them, which is more or less in line with the market.
- Volume is considerably higher in the last couple of days.
Although BEP-UN has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
28.33
4 important support areas can be observed.
- A support zone ranging from 38.10 to 39.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.77 to 37.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.10 from a trend line in the daily time frame.
- Support @28.62 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @44.30 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BEP-UN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BEP-UN.CA is up. |
| ChartMill Relative Strength | 52.16 | NEUTRAL | BEP-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BEP-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BEP-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BEP-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.64 | NEUTRAL | The RSI value for BEP-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests BEP-UN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.52 | OVERBOUGHT | The high Stochastics value suggests BEP-UN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for BEP-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.74 | POSITIVE | The high ADX value value for BEP-UN.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 41.88 | 38.30 | 3.58 (8.55%) | 11.70% |
| An entry @41.88. This is a Buy Stop order right above the 10 day high. | An exit @38.30. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.58 points, which is 8.55%. | For a 1.00% total portfolio risk, you can invest 11.70% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:BEP-UN (2/4/2026, 7:00:00 PM)
40.87
-0.53 (-1.28%)
BROOKFIELD RENEWABLE PARTNER / BEP-UN.CA FAQ
Can you provide the ChartMill technical rating for BROOKFIELD RENEWABLE PARTNER?
ChartMill assigns a technical rating of 7 / 10 to BEP-UN.CA.
What is the current trend direction of BROOKFIELD RENEWABLE PARTNER (BEP-UN.CA) stock?
The current trend direction for BROOKFIELD RENEWABLE PARTNER (BEP-UN.CA) is Bullish.
What is the RSI signal for BROOKFIELD RENEWABLE PARTNER (BEP-UN.CA) stock?
BROOKFIELD RENEWABLE PARTNER (BEP-UN.CA) has an RSI value of 61.6366. This indicates that the stock is currently neutral.
What is the short term momentum for BROOKFIELD RENEWABLE PARTNER (BEP-UN.CA) stock?
The short term momentum for BROOKFIELD RENEWABLE PARTNER (BEP-UN.CA) is positive.
Can you provide the support and resistance levels for BROOKFIELD RENEWABLE PARTNER?
BROOKFIELD RENEWABLE PARTNER (BEP-UN.CA) has a support level at 39.7 and a resistance level at 44.3. Check the full technical report for our detailed analysis of BEP-UN.CA support and resistance levels.