BROOKFIELD RENEWABLE CORP (BEPC.CA) Stock Technical Analysis
TSX:BEPC - Toronto Stock Exchange - CA11285B1085 - Common Stock - Currency: CAD
Overall BEPC gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BEPC is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
BEPC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, BEPC turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
BEPC is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 44% of 37 stocks in the same industry.
BEPC 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 BEPC is lagging the market slightly.
BEPC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 42.08, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
35.04
44.41
5 important support areas can be observed.
- A support zone ranging from 39.65 to 42.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.74 from a horizontal line in the daily time frame.
- Support @37.69 from a trend line in the weekly time frame.
- Support @36.66 from a horizontal line in the weekly time frame.
- Support @35.39 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 43.60 to 43.97. This zone is formed by a combination of multiple trend lines and important moving averages 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 BEPC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BEPC.CA is up. |
| ChartMill Relative Strength | 52.54 | NEUTRAL | BEPC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BEPC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BEPC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BEPC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.95 | NEUTRAL | The RSI value for BEPC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BEPC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.38 | NEUTRAL | The Stochastics value for BEPC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for BEPC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.84 | NEUTRAL | The ADX value for BEPC.CA 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)
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 |
|---|---|---|---|
| 43.98 | 41.77 | 2.21 (5.03%) | 19.90% |
| An entry @43.98. This is a Buy Stop order right above the resistance zone. | An exit @41.77. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.21 points, which is 5.03%. | When investing 19.90% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:BEPC (6/20/2025, 7:00:00 PM)
43.17
+0.23 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.54%
1 Week-1.6%
2 Weeks6.46%
1 Month8.85%
3 Month2.42%
6 Month6.25%
12 Month8.55%
2 Year3.3%
3 Year-5.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%2.39%
ATR Inc-33.87%
Range Today0.89
ADR(20)0.94
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.54
Mansfield0.29
10 Day High44.44
10 Day Low41.78
20 Day High44.44
20 Day Low39.46
52 Week High48.66
52 Week Low33.75
CS1 End42.08
CR1 Start43.6
Volume & EV
DER(3)0%
DER(5)0%
Volume1.15M
Volume Incr47.78%
Vol(5)411.95K
Vol(50)260.57K