BROOKFIELD RENEWABLE PARTNER (BEP-UN.CA) Stock Technical Analysis
TSX:BEP-UN - Toronto Stock Exchange - BMG162581083 - Currency: CAD
We assign a technical rating of 4 out of 10 to BEP-UN. In the last year, BEP-UN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, BEP-UN is a bad performer in the overall market: 75% of all stocks are doing better.
BEP-UN is part of the Independent Power and Renewable Electricity Producers industry. There are 39 other stocks in this industry, of which 92% are performing better than BEP-UN.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
BEP-UN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BEP-UN is lagging the market slightly.
In the last month BEP-UN has a been trading in the 30.64 - 34.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
40.12
When analyzing the support we can see 2 important areas.
- A support zone ranging from 31.75 to 32.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.65 to 29.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 33.93 to 34.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @39.72 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 | NEUTRAL | NEUTRAL | The long term trend for BEP-UN.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BEP-UN.CA is neutral. |
| ChartMill Relative Strength | 25.76 | NEGATIVE | BEP-UN.CA has a low relative strength, it was outperformed by 74.24% off all stocks 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) | DOWN | MIXED | The current price of BEP-UN.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BEP-UN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.92 | NEUTRAL | The RSI value for BEP-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BEP-UN.CA has a negative trend. |
| Stochastics (14,3) | 41.88 | NEUTRAL | The Stochastics value for BEP-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for BEP-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.49 | NEGATIVE | The low ADX value for BEP-UN.CA suggests a weak or negative 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 (5/26/2025, 7:00:00 PM)
32.75
+0.42 (+1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg1.3%
1 Week-4.21%
2 Weeks1.05%
1 Month4.6%
3 Month0.74%
6 Month-9.95%
12 Month-13.93%
2 Year-20.3%
3 Year-27.21%
5 Year-27.11%
10 Year30.17%
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%2.54%
ATR Inc10.59%
Range Today0.79
ADR(20)0.78
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.76
Mansfield-0.46
10 Day High34.49
10 Day Low31.46
20 Day High34.49
20 Day Low30.64
52 Week High40.84
52 Week Low27.5
CS1 End32.48
CR1 Start33.93
Volume & EV
DER(3)-4.84%
DER(5)-6.58%
Volume192.78K
Volume Incr34.57%
Vol(5)325.38K
Vol(50)299.04K