BROOKFIELD INFRASTRUCTURE-A (BIPC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BIPC - CA11276H1064 - Common Stock
We assign a technical rating of 1 out of 10 to BIPC. BIPC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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
37.67
We found 2 important support areas.
- A support zone ranging from 43.25 to 43.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.05 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 43.45 to 43.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 44.77 to 45.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 46.87 to 47.04. 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 | NEUTRAL | NEUTRAL | The long term trend for BIPC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BIPC is down. |
| ChartMill Relative Strength | 49.6 | NEUTRAL | BIPC is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of BIPC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.8 | NEUTRAL | The RSI value for BIPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests BIPC has a negative trend. |
| Stochastics (14,3) | 11.84 | OVERSOLD | The low Stochastics value suggests BIPC may be oversold. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for BIPC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.5 | NEGATIVE | The low ADX value for BIPC suggests a weak or negative trend. |
43.26
-0.99 (-2.24%)
BROOKFIELD INFRASTRUCTURE-A / BIPC FAQ
Can you provide the ChartMill technical rating for BROOKFIELD INFRASTRUCTURE-A?
ChartMill assigns a technical rating of 1 / 10 to BIPC.
Can you provide the trend direction for BROOKFIELD INFRASTRUCTURE-A?
The current trend direction for BROOKFIELD INFRASTRUCTURE-A (BIPC) is Bearish.
What is the RSI signal for BROOKFIELD INFRASTRUCTURE-A (BIPC) stock?
BROOKFIELD INFRASTRUCTURE-A (BIPC) has an RSI value of 31.8045. This indicates that the stock is currently neutral.
What is the support and resistance level for BIPC stock?
BROOKFIELD INFRASTRUCTURE-A (BIPC) has a support level at 43.25 and a resistance level at 43.45. Check the full technical report for our detailed analysis of BIPC support and resistance levels.