BROOKFIELD INFRASTRUCTURE PA (BIP)

BMG162521014

27.36  -0.37 (-1.33%)

Technical Rating and Analysis

0

Taking everything into account, BIP scores 0 out of 10 in our technical rating. BIP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
82% of all other stocks performed better in the past year than BIP.
BIP is part of the Multi-Utilities industry. There are 26 other stocks in this industry, of which 104% are performing better than BIP.
BIP 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 is lagging the market slightly.
In the last month BIP has a been trading in the 24.84 - 31.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BIP Weekly chart
BIP Daily chart
Setup Rating and Analysis

5

BIP has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

24.80

38.33

2 important support areas can be observed.

  • Support @25.84 from a horizontal line in the weekly time frame.
  • A support zone ranging from 25.05 to 25.34. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 5 important resistance areas.

  • A resistance zone ranging from 30.32 to 30.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 31.21 to 31.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @32.28 from a horizontal line in the daily time frame.
  • Resistance @35.47 from a trend line in the weekly time frame.
  • Resistance @37.95 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.27
Mansfield-2.01
10 Day High28.38
10 Day Low24.84
20 Day High31.32
20 Day Low24.84
52 Week High37.32
52 Week Low21.03
Performance
1 Week4.11%
2 Weeks0.4%
1 Month-8.74%
3 Month-12.31%
6 Month27.91%
12 Month-21.45%
2 Year-34.26%
3 Year-23.67%
5 Year-0.82%
10 Year57.89%
15 Year350.99%
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)
Technical Indicators
MACD(12,26,9)0.13
RSI(14)45.49
LBB24.55
UBB29.65
BIP Daily chart

BROOKFIELD INFRASTRUCTURE PA

NYSE:BIP (4/25/2024, 6:39:43 PM)

27.36

-0.37 (-1.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-1.33%
1 Week4.11%
2 Weeks0.4%
1 Month-8.74%
3 Month-12.31%
6 Month27.91%
12 Month-21.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.95
ATR(20)%3.65%
ATR Inc
Range Today0.64
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High28.38
10 Day Low24.84
20 Day High31.32
20 Day Low24.84
52 Week High37.32
52 Week Low21.03
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume518.83K
Volume Incr-11.11%
Vol(5)478.76K
Vol(50)555.05K