BROOKFIELD RENEWABLE PARTNER (BEP-UN.CA) Stock Technical Analysis
TSX:BEP-UN - Toronto Stock Exchange - BMG162581083 - Currency: CAD
Overall BEP-UN gets a technical rating of 5 out of 10. BEP-UN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
BEP-UN is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 75% of 33 stocks in the same industry do better.
In the last month BEP-UN has a been trading in the 34.63 - 38.25 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, BEP-UN outperforms 45% of them, which is more or less in line with the market.
BEP-UN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BEP-UN is lagging the market.
BEP-UN has an average technical rating and the quality of the presented setup is also 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
28.36
39.49
5 important support areas can be observed.
- A support zone ranging from 34.96 to 35.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.10 to 34.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @32.53 from a horizontal line in the daily time frame.
- Support @29.84 from a horizontal line in the weekly time frame.
- A support zone ranging from 28.65 to 28.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 36.62 to 37.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @39.10 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The short term trend for BEP-UN.CA is down. |
| ChartMill Relative Strength | 45.59 | NEUTRAL | BEP-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BEP-UN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BEP-UN.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BEP-UN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.59 | NEUTRAL | The RSI value for BEP-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests BEP-UN.CA has a negative trend. |
| Stochastics (14,3) | 10.77 | OVERSOLD | The low Stochastics value suggests BEP-UN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for BEP-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.66 | POSITIVE | The high ADX value value for BEP-UN.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:BEP-UN (8/6/2025, 7:00:00 PM)
35.35
-0.44 (-1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.23%
1 Week-4.64%
2 Weeks-4.97%
1 Month-0.28%
3 Month9.07%
6 Month10.37%
12 Month5.05%
2 Year3.48%
3 Year-27.68%
5 Year-10.34%
10 Year42.5%
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%2.68%
ATR Inc-3.48%
Range Today1.13
ADR(20)0.89
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.59
Mansfield-0.37
10 Day High38.25
10 Day Low35.01
20 Day High38.25
20 Day Low34.63
52 Week High40.84
52 Week Low27.5
CS1 End35.34
CR1 Start36.62
Volume & EV
DER(3)-8.84%
DER(5)-2.3%
Volume320.59K
Volume Incr30.02%
Vol(5)307.74K
Vol(50)270.86K