BROOKFIELD RENEWABLE CORP (BEPC) Stock Technical Analysis
NYSE:BEPC - New York Stock Exchange, Inc. - CA11285B1085 - Common Stock - Currency: USD
Taking everything into account, BEPC scores 3 out of 10 in our technical rating. BEPC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
70% of all other stocks performed better in the past year than BEPC.
BEPC has an average volume of 1049950 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 is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 42% of 20 stocks in the same industry.
BEPC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BEPC is lagging the market slightly.
In the last month BEPC has a been trading in the 27.27 - 30.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of BEPC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
24.25
32.69
When analyzing the support we can see 3 important areas.
- Support @26.03 from a trend line in the weekly time frame.
- A support zone ranging from 25.35 to 25.35. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 24.49 to 24.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 28.78 to 29.35. 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 29.99 to 30.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.37 from a horizontal line in the weekly time frame.
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 | 30.99 | NEUTRAL | BEPC is not amongst the best or worst performers 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 | MIXED | The current price of BEPC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.72 | NEUTRAL | The RSI value for BEPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BEPC has a negative trend. |
| Stochastics (14,3) | 55.2 | NEUTRAL | The Stochastics value for BEPC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for BEPC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.56 | NEGATIVE | The low ADX value for BEPC suggests a weak or negative 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)
27.92
-1.29 (-4.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-4.42%
1 Week-6.18%
2 Weeks-1.13%
1 Month0.4%
3 Month-3.72%
6 Month-9.03%
12 Month-13.75%
2 Year-16.86%
3 Year-22.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%2.85%
ATR Inc36.96%
Range Today1.31
ADR(20)0.76
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.99
Mansfield-0.6
10 Day High30.38
10 Day Low27.72
20 Day High30.38
20 Day Low27.27
52 Week High35.14
52 Week Low23.73
CS1 End26.03
CR1 Start28.78
Volume & EV
DER(3)-1.39%
DER(5)-2.17%
Volume1.09M
Volume Incr6.55%
Vol(5)896.68K
Vol(50)1.05M