BROOKFIELD RENEWABLE CORP (BEPC) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:BEPC • CA11285B1085
Taking everything into account, BEPC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BEPC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that BEPC is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, BEPC also shows a nice and consistent pattern of rising prices.
- 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 37.84 - 42.66 range, which is quite wide. It is currently trading near the high of this range.
- BEPC is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 57% of 20 stocks in the same industry.
Besides having an excellent technical rating, BEPC also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
28.15
When analyzing the support we can see 5 important areas.
- Support @41.88 from a trend line in the daily time frame.
- A support zone ranging from 39.25 to 39.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
- A support zone ranging from 37.22 to 37.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @28.43 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.44 to 44.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BEPC is up. |
| ChartMill Relative Strength | 82.21 | POSITIVE | BEPC has a high relative strength, it outperformed 82.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BEPC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BEPC is above the rising 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) | 59.39 | NEUTRAL | The RSI value for BEPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests BEPC has a positive trend. |
| Stochastics (14,3) | 72.54 | NEUTRAL | The Stochastics value for BEPC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for BEPC suggests some volalility. |
| Average Directional Index/ADX (14) | 31.05 | POSITIVE | The high ADX value value for BEPC suggests a strong trend. |
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 |
|---|---|---|---|
| 44.45 | 41.87 | 2.58 (5.80%) | 17.23% |
| An entry @44.45. This is a Buy Stop order right above the resistance zone. | An exit @41.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.58 points, which is 5.80%. | When investing 17.23% 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.
41.95
+1.19 (+2.92%)
BROOKFIELD RENEWABLE CORP / BEPC FAQ
Can you provide the ChartMill technical rating for BROOKFIELD RENEWABLE CORP?
ChartMill assigns a technical rating of 10 / 10 to BEPC.
Can you provide the trend direction for BROOKFIELD RENEWABLE CORP?
The current trend direction for BROOKFIELD RENEWABLE CORP (BEPC) is Bullish.
Can you provide the RSI signal for BROOKFIELD RENEWABLE CORP?
BROOKFIELD RENEWABLE CORP (BEPC) has an RSI value of 59.3948. This indicates that the stock is currently neutral.
What is the short term momentum for BROOKFIELD RENEWABLE CORP (BEPC) stock?
The short term momentum for BROOKFIELD RENEWABLE CORP (BEPC) is positive.
Can you provide the buy/sell signal for BROOKFIELD RENEWABLE CORP?
The buy/sell signal for BROOKFIELD RENEWABLE CORP (BEPC) is buy as both the short term and long term trends are positive.