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. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BEPC is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, BEPC did better than 85% of all other stocks. We also observe that the gains produced by BEPC over the past year are nicely spread over this period.
- 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 38.15 - 43.15 range, which is quite wide. It is currently trading near the high of this range.
- 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 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.
More info and screens
28.22
4 important support areas can be observed.
- A support zone ranging from 39.49 to 39.59. 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 @28.50 from a trend line in the weekly time frame.
We found 1 important resistance 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 | 85.13 | POSITIVE | BEPC has a high relative strength, it outperformed 85.13% 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) | 63.09 | NEUTRAL | The RSI value for BEPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests BEPC has a positive trend. |
| Stochastics (14,3) | 91.56 | OVERBOUGHT | The high Stochastics value suggests BEPC may be overbought. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for BEPC suggests some volalility. |
| Average Directional Index/ADX (14) | 32.5 | 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 | 39.23 | 5.22 (11.74%) | 8.52% |
| An entry @44.45. This is a Buy Stop order right above the resistance zone. | An exit @39.23. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.22 points, which is 11.74%. | When investing 8.52% 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.
42.92
+0.04 (+0.09%)
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 63.085. 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.