Logo image of BEP-UN.CA

BROOKFIELD RENEWABLE PARTNER (BEP-UN.CA) Stock Technical Analysis

TSX:BEP-UN - Toronto Stock Exchange - BMG162581083 - Currency: CAD

31.5  -0.19 (-0.6%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to BEP-UN. BEP-UN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BEP-UN is a bad performer in the overall market: 76% of all stocks are doing better.
BEP-UN is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 79% of 40 stocks in the same industry do better.
BEP-UN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BEP-UN has a been trading in the 28.65 - 33.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BROOKFIELD RENEWABLE PARTNER / BEP-UN Weekly stock chart
BROOKFIELD RENEWABLE PARTNER / BEP-UN Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is bad, BEP-UN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 32.01. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

28.33

40.12

When analyzing the support we notice one important area.

  • A support zone ranging from 28.62 to 28.65. This zone is formed by a combination of multiple trend lines in the weekly time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 32.01 to 32.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @33.93 from a horizontal line in the daily time frame.
  • Resistance @38.13 from a trend line in the weekly time frame.
  • A resistance zone ranging from 39.46 to 39.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.52
Mansfield-1.5
10 Day High33.04
10 Day Low29.5
20 Day High33.04
20 Day Low28.65
52 Week High40.84
52 Week Low27.55
Performance
1 Week1.74%
2 Weeks5.56%
1 Month2.04%
3 Month-11.14%
6 Month-5.75%
12 Month-2.17%
2 Year-11.69%
3 Year-30.86%
5 Year-29.5%
10 Year23.01%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.31
RSI(14)50.22
LBB29.13
UBB32.75
BROOKFIELD RENEWABLE PARTNER / BEP-UN Daily stock chart

BROOKFIELD RENEWABLE PARTNER

TSX:BEP-UN (2/11/2025, 7:00:00 PM)

31.5

-0.19 (-0.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.6%
1 Week1.74%
2 Weeks5.56%
1 Month2.04%
3 Month-11.14%
6 Month-5.75%
12 Month-2.17%
2 Year-11.69%
3 Year-30.86%
5 Year-29.5%
10 Year23.01%
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%3.37%
ATR Inc-45.45%
Range Today0.41
ADR(20)1.01
ADR(20)%3.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.52
Mansfield-1.5
10 Day High33.04
10 Day Low29.5
20 Day High33.04
20 Day Low28.65
52 Week High40.84
52 Week Low27.55
CS1 End28.65
CR1 Start32.01
Volume & EV
DER(3)-4.9%
DER(5)-1.17%
Volume240.42K
Volume Incr-32.46%
Vol(5)357.64K
Vol(50)375.19K