BROOKFIELD RENEWABLE CORP (BEPC) Stock Technical Analysis
USA - NYSE:BEPC - CA11285B1085 - Common Stock
We assign a technical rating of 10 out of 10 to BEPC. 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.
Besides having an excellent technical rating, BEPC also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for BEPC in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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.
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27.31
When analyzing the support we can see 6 important areas.
- A support zone ranging from 41.57 to 41.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @39.13 from a horizontal line in the daily time frame.
- A support zone ranging from 36.33 to 36.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.86 from a horizontal line in the daily time frame.
- Support @32.83 from a horizontal line in the daily time frame.
- Support @27.59 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.42 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 | 90.39 | POSITIVE | BEPC has a high relative strength, it outperformed 90.39% 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) | 69.43 | NEUTRAL | The RSI value for BEPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests BEPC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.71 | OVERBOUGHT | The high Stochastics value suggests BEPC may be overbought. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for BEPC suggests some volalility. |
| Average Directional Index/ADX (14) | 40.7 | 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 |
|---|---|---|---|
| 44.72 | 41.56 | 3.16 (7.07%) | 14.15% |
| An entry @44.72. This is a Buy Stop order right above the 10 day high. | An exit @41.56. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.16 points, which is 7.07%. | For a 1.00% total portfolio risk, you can invest 14.15% of your capital in this trade. |
- 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.
44.18
-0.25 (-0.56%)
BROOKFIELD RENEWABLE CORP / BEPC FAQ
What is the technical rating for BEPC stock?
ChartMill assigns a technical rating of 10 / 10 to BEPC.
What is the trend direction for BEPC stock?
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 69.4341. This indicates that the stock is currently neutral.
What is the MACD signal for BEPC stock?
The MACD indicator for BROOKFIELD RENEWABLE CORP (BEPC) has a value of 0.12278, indicating a bearish trend.
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.