BROOKFIELD RENEWABLE CORP (BEPC) Stock Technical Analysis
USA - NYSE:BEPC - CA11285B1085 - Common Stock
40.83 USD
+0.19 (+0.47%)
40.0594 USD
-0.77 (-1.89%)
Taking everything into account, BEPC scores 9 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.
A new 52 week high is currently being made by BEPC, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month BEPC has a been trading in the 33.45 - 41.73 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BEPC is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
BEPC is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry, BEPC did better than 47% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BEPC has an excellent technical rating, it does not present a decent entry opportunity 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
27.12
41.24
We found 5 important support areas.
- Support @37.61 from a horizontal line in the daily time frame.
- A support zone ranging from 34.89 to 35.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.86 to 33.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @32.83 from a horizontal line in the daily time frame.
- Support @27.39 from a trend 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 | 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 | 80.77 | POSITIVE | BEPC has a high relative strength, it outperformed 80.77% 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) | 74.85 | OVERBOUGHT | The high RSI value suggests BEPC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests BEPC has a positive trend. |
| Stochastics (14,3) | 92.5 | OVERBOUGHT | The high Stochastics value suggests BEPC may be overbought. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for BEPC suggests some volalility. |
| Average Directional Index/ADX (14) | 37.28 | POSITIVE | The high ADX value value for BEPC suggests a strong 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)
40.83
+0.19 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.47%
1 Week7.17%
2 Weeks14.31%
1 Month17.87%
3 Month12.32%
6 Month50.33%
12 Month22.94%
2 Year79.39%
3 Year31.58%
5 Year-8.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.21
ATR(20)%2.64%
ATR Inc17.85%
Range Today1.05
ADR(20)1.01
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.77
Mansfield2.12
10 Day High41.73
10 Day Low35.47
20 Day High41.73
20 Day Low33.45
52 Week High41.73
52 Week Low23.73
CS1 End37.61
CR1 StartN/A
Volume & EV
DER(3)0.31%
DER(5)1.55%
Volume989.00K
Volume Incr19.71%
Vol(5)1.11M
Vol(50)850.74K