BROOKFIELD INFRASTRUCTURE-A (BIPC) Technical Analysis
NYSE:BIPC • CA11276H1064
Current stock price
BIPC Technical Rating and Analysis
Overall BIPC gets a technical rating of 0 out of 10. BIPC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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 BIPC.
- BIPC is one of the lesser performing stocks in the Gas Utilities industry. 100% of 15 stocks in the same industry do better.
- BIPC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- BIPC has an average volume of 1137290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month BIPC has a been trading in the 34.18 - 42.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BIPC Weekly and Daily overview Charts
BIPC Setup Rating and Analysis
The technical rating of BIPC 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
BIPC Support and Resistance Analysis
37.03
When analyzing the support we notice one important area.
- Support @37.40 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 39.39 to 39.62. 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 42.03 to 42.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BIPC Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for BIPC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BIPC is down. |
| ChartMill Relative Strength | 18.2 | NEGATIVE | BIPC has a low relative strength, it was outperformed by 81.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIPC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BIPC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BIPC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.43 | NEUTRAL | The RSI value for BIPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests BIPC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.25 | NEUTRAL | The Stochastics value for BIPC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for BIPC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.33 | POSITIVE | The high ADX value value for BIPC suggests a strong trend. |
BIPC Chart- and CandleStick Pattern Analysis
BIPC Technicals: Chart, Performance Metrics, Trend & Indicators
37.41
+0.41 (+1.11%)
BROOKFIELD INFRASTRUCTURE-A / BIPC TA FAQ
Can you provide the ChartMill technical rating for BROOKFIELD INFRASTRUCTURE-A?
ChartMill assigns a technical rating of 0 / 10 to BIPC.
Can you provide the trend direction for BROOKFIELD INFRASTRUCTURE-A?
The current trend direction for BROOKFIELD INFRASTRUCTURE-A (BIPC) is Bearish.
Can you provide the RSI signal for BROOKFIELD INFRASTRUCTURE-A?
BROOKFIELD INFRASTRUCTURE-A (BIPC) has an RSI value of 35.4277. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BROOKFIELD INFRASTRUCTURE-A?
The short term momentum for BROOKFIELD INFRASTRUCTURE-A (BIPC) is negative.
Can you provide the buy/sell signal for BROOKFIELD INFRASTRUCTURE-A?
The buy/sell signal for BROOKFIELD INFRASTRUCTURE-A (BIPC) is sell as both the short term and long term trends are negative.