BROOKFIELD RENEWABLE CORP (BEPC) Technical Analysis
NYSE:BEPC • CA11285B1085
Current stock price
BEPC Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to BEPC. Although BEPC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, we notice that BEPC is one of the better performing stocks in the market, outperforming 80% of all stocks. On top of that, BEPC also shows a nice and consistent pattern of rising prices.
- BEPC is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 73% of 20 stocks in the same industry.
- BEPC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BEPC is lagging the market slightly.
- In the last month BEPC has a been trading in the 38.75 - 44.16 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- BEPC has an average volume of 1301630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
BEPC Weekly and Daily overview Charts
BEPC Setup Rating and Analysis
BEPC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
BEPC Support and Resistance Analysis
36.85
4 important support areas can be observed.
- Support @39.88 from a trend line in the weekly time frame.
- Support @38.94 from a trend line in the daily time frame.
- A support zone ranging from 38.00 to 38.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.22 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 41.37 to 41.78. 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 44.43 to 44.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
BEPC Technical Indicator Signal Analysis
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 BEPC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BEPC is neutral. |
| ChartMill Relative Strength | 80.24 | POSITIVE | BEPC has a high relative strength, it outperformed 80.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BEPC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BEPC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BEPC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.75 | NEUTRAL | The RSI value for BEPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests BEPC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.89 | NEUTRAL | The Stochastics value for BEPC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for BEPC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.04 | NEGATIVE | The low ADX value for BEPC suggests a weak or negative trend. |
BEPC Chart- and CandleStick Pattern Analysis
BEPC Technicals: Chart, Performance Metrics, Trend & Indicators
41.21
+0.27 (+0.66%)
BROOKFIELD RENEWABLE CORP / BEPC TA FAQ
Can you provide the ChartMill technical rating for BROOKFIELD RENEWABLE CORP?
ChartMill assigns a technical rating of 6 / 10 to BEPC.
Can you provide the trend direction for BROOKFIELD RENEWABLE CORP?
The current trend direction for BROOKFIELD RENEWABLE CORP (BEPC) is Bearish.
What is the RSI signal for BEPC stock?
BROOKFIELD RENEWABLE CORP (BEPC) has an RSI value of 49.7537. This indicates that the stock is currently neutral.
What is the MACD signal for BROOKFIELD RENEWABLE CORP (BEPC) stock?
The MACD indicator for BROOKFIELD RENEWABLE CORP (BEPC) has a value of -0.166783, indicating a bearish trend.
What are the support and resistance levels for BROOKFIELD RENEWABLE CORP (BEPC) stock?
BROOKFIELD RENEWABLE CORP (BEPC) has a support level at 39.88 and a resistance level at 41.37. Check the full technical report for our detailed analysis of BEPC support and resistance levels.