BROOKFIELD RENEWABLE CORP (BEPC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BEPC - CA11285B1085 - Common Stock
38.01 USD
+0.21 (+0.56%)
34.17 USD
-3.84 (-10.1%)
We assign a technical rating of 4 out of 10 to BEPC. BEPC was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Looking at the yearly performance, BEPC did better than 79% of all other stocks. On top of that, BEPC also shows a nice and consistent pattern of rising prices.
BEPC has an average volume of 1109330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
BEPC is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry, BEPC did better than 57% of them.
BEPC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BEPC is lagging the market.
In the last month BEPC has a been trading in the 36.81 - 40.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, BEPC does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
27.89
40.95
5 important support areas can be observed.
- Support @38.00 from a horizontal line in the weekly time frame.
- Support @37.22 from a horizontal line in the daily time frame.
- Support @35.65 from a trend line in the daily time frame.
- Support @32.83 from a horizontal line in the daily time frame.
- Support @28.17 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 38.17 to 40.54. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for BEPC is down. |
| ChartMill Relative Strength | 79.85 | POSITIVE | BEPC has a high relative strength, it outperformed 79.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BEPC is below a declining 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) | 41.42 | NEUTRAL | The RSI value for BEPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BEPC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 24.31 | NEUTRAL | The Stochastics value for BEPC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for BEPC suggests some volalility. |
| Average Directional Index/ADX (14) | 22 | NEUTRAL | The ADX value for BEPC 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)
38.01
+0.21 (+0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.56%
1 Week-4.71%
2 Weeks-2.86%
1 Month-3.6%
3 Month1.04%
6 Month15.78%
12 Month40.99%
2 Year36.14%
3 Year20.59%
5 Year-32.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.96
ATR(20)%2.59%
ATR Inc17.67%
Range Today0.72
ADR(20)0.95
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.85
3 months CRS46.07
6 months CRS77.33
Mansfield0.32
10 Day High40.74
10 Day Low37.73
20 Day High40.74
20 Day Low36.81
52 Week High45.1
52 Week Low23.73
CS1 End38
CR1 Start38.17
Volume & EV
DER(3)-0.12%
DER(5)1.53%
Volume646.00K
Volume Incr5.89%
Vol(5)910.90K
Vol(50)1.11M
BROOKFIELD RENEWABLE CORP / BEPC FAQ
Can you provide the ChartMill technical rating for BROOKFIELD RENEWABLE CORP?
ChartMill assigns a technical rating of 4 / 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 41.4183. 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 negative.
Can you provide the buy/sell signal for BROOKFIELD RENEWABLE CORP?
The buy/sell signal for BROOKFIELD RENEWABLE CORP (BEPC) is hold as the short term and long term trends are mixed.