BROOKFIELD RENEWABLE PARTNER (BEP) Stock Technical Analysis
NYSE:BEP - New York Stock Exchange, Inc. - BMG162581083 - Currency: USD
Overall BEP gets a technical rating of 4 out of 10. BEP 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 is part of the Independent Power and Renewable Electricity Producers industry. There are 19 other stocks in this industry, of which 77% are performing better than BEP.
In the last month BEP has a been trading in the 24.74 - 27.87 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 comparing the performance of all stocks over the past year, BEP turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
BEP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BEP is lagging the market.
BEP has an average technical rating and it also does not offer a high quality setup 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
19.83
28.89
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.88 to 24.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.99 from a horizontal line in the weekly time frame.
- Support @20.03 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 25.00 to 25.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.90 to 26.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 27.58 to 27.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @28.60 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 is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BEP is down. |
| ChartMill Relative Strength | 49.86 | NEUTRAL | BEP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BEP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BEP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BEP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.21 | NEUTRAL | The RSI value for BEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests BEP has a negative trend. |
| Stochastics (14,3) | 6.27 | OVERSOLD | The low Stochastics value suggests BEP may be oversold. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for BEP suggests some volalility. |
| Average Directional Index/ADX (14) | 22.01 | NEUTRAL | The ADX value for BEP suggests a possible start of a new 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)
NYSE:BEP (8/8/2025, 8:20:41 PM)
24.89
-0.56 (-2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-2.2%
1 Week-3.64%
2 Weeks-8.63%
1 Month-1.89%
3 Month7.1%
6 Month10.92%
12 Month1.76%
2 Year-2.08%
3 Year-33.11%
5 Year-17.84%
10 Year31.93%
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%3.24%
ATR Inc31.01%
Range Today1.06
ADR(20)0.76
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.86
Mansfield-0.6
10 Day High27.62
10 Day Low24.74
20 Day High27.87
20 Day Low24.74
52 Week High29.56
52 Week Low19.29
CS1 End24.88
CR1 Start25
Volume & EV
DER(3)-0.23%
DER(5)-1.83%
Volume566.30K
Volume Incr-22.86%
Vol(5)354.24K
Vol(50)500.05K