BROOKFIELD INFRASTRUCTURE PA (BIP-UN.CA) Stock Technical Analysis
TSX:BIP-UN - Toronto Stock Exchange - BMG162521014 - Currency: CAD
Taking everything into account, BIP-UN scores 5 out of 10 in our technical rating. In the last year, BIP-UN was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
BIP-UN is one of the better performing stocks in the Multi-Utilities industry, it outperforms 80% of 21 stocks in the same industry.
BIP-UN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that BIP-UN is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
BIP-UN 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 BIP-UN is lagging the market slightly.
In the last month BIP-UN has a been trading in a tight range between 43.88 and 46.40.
Although the technical rating is only medium, BIP-UN does present a nice setup opportunity. 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 44.85, a Stop Loss order could be placed below this zone.
More info and screens
38.24
48.99
When analyzing the support we can see 3 important areas.
- A support zone ranging from 44.17 to 44.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.69 from a trend line in the weekly time frame.
- Support @38.63 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 45.33 to 46.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @48.50 from a horizontal line in the daily 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 BIP-UN.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BIP-UN.CA is neutral. |
| ChartMill Relative Strength | 73.53 | POSITIVE | BIP-UN.CA has a high relative strength, it outperformed 73.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIP-UN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIP-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BIP-UN.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.16 | NEUTRAL | The RSI value for BIP-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests BIP-UN.CA has a negative trend. |
| Stochastics (14,3) | 16.49 | OVERSOLD | The low Stochastics value suggests BIP-UN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for BIP-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.98 | POSITIVE | The high ADX value value for BIP-UN.CA 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)
TSX:BIP-UN (6/17/2025, 7:00:00 PM)
45.14
+0.14 (+0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0.31%
1 Week-0.97%
2 Weeks-1.2%
1 Month-1.16%
3 Month9.56%
6 Month0.11%
12 Month22.33%
2 Year-6.77%
3 Year-8.21%
5 Year21.19%
10 Year173.76%
15 Year804.67%
Volatility
ATR(14)0.7
ATR(20)%1.71%
ATR Inc7.96%
Range Today0.65
ADR(20)0.75
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.53
Mansfield-0.28
10 Day High46.4
10 Day Low44.59
20 Day High46.4
20 Day Low43.88
52 Week High50.46
52 Week Low36.61
CS1 End44.85
CR1 Start45.33
Volume & EV
DER(3)0%
DER(5)0%
Volume206.59K
Volume Incr-4.94%
Vol(5)381.88K
Vol(50)468.90K