BROOKFIELD INFRASTRUCTUR - BIP 6.642 PERP (BIP-PR-E.CA) Stock Technical Analysis
TSX:BIP-PR-E - Toronto Stock Exchange - BMG162522004 - Currency: CAD
We assign a technical rating of 7 out of 10 to BIP-PR-E. Although BIP-PR-E is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: BIP-PR-E has an average volume of 3618 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
BIP-PR-E is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, BIP-PR-E outperforms 48% of them, which is more or less in line with the market.
BIP-PR-E is an average performer in the Multi-Utilities industry, it outperforms 50% of 21 stocks in the same industry.
In the last month BIP-PR-E has a been trading in a tight range between 24.54 and 25.15.
Besides having an excellent technical rating, BIP-PR-E also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 24.98, a Stop Loss order could be placed below this zone.
More info and screens
21.91
25.30
5 important support areas can be observed.
- A support zone ranging from 24.48 to 24.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.44 from a trend line in the weekly time frame.
- Support @22.95 from a horizontal line in the weekly time frame.
- Support @22.51 from a horizontal line in the weekly time frame.
- Support @22.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.05 to 25.05. 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 BIP-PR-E.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BIP-PR-E.CA is up. |
| ChartMill Relative Strength | 48.32 | NEUTRAL | BIP-PR-E.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIP-PR-E.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIP-PR-E.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BIP-PR-E.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.56 | NEUTRAL | The RSI value for BIP-PR-E.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BIP-PR-E.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.68 | NEUTRAL | The Stochastics value for BIP-PR-E.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.43 | LOW VOLATILITY | The low ATR as a percentage value for BIP-PR-E.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.68 | NEGATIVE | The low ADX value for BIP-PR-E.CA 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)
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 |
|---|---|---|---|
| 25.06 | 24.88 | 0.18 (0.72%) | 25.00% |
| An entry @25.06. This is a Buy Stop order right above the resistance zone. | An exit @24.88. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.18 points, which is 0.72%. | For a 0.18% total portfolio risk, you can invest 25.00% 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.
BROOKFIELD INFRASTRUCTUR - BIP 6.642 PERP
TSX:BIP-PR-E (7/21/2025, 7:00:00 PM)
25
-0.05 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-0.2%
1 Week-0.16%
2 Weeks-0.2%
1 Month0.97%
3 Month7.94%
6 Month1.21%
12 Month8.46%
2 Year16.23%
3 Year2.59%
5 Year21.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.43%
ATR Inc8.09%
Range Today0.01
ADR(20)0.08
ADR(20)%0.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.32
Mansfield-0.39
10 Day High25.15
10 Day Low24.89
20 Day High25.15
20 Day Low24.54
52 Week High25.15
52 Week Low22
CS1 End24.98
CR1 Start25.05
Volume & EV
DER(3)0%
DER(5)0%
Volume1.60K
Volume Incr-27.94%
Vol(5)3.43K
Vol(50)3.62K