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BROOKFIELD RENEW POW PFD - BRCUCN 3.355 PERP (BRF-PR-A.CA) Stock Technical Analysis

TSX:BRF-PR-A - Toronto Stock Exchange - CA11283Q2062 - Currency: CAD

21.17  +0.07 (+0.33%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to BRF-PR-A. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

Warning: BRF-PR-A has an average volume of 19280 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, BRF-PR-A did better than 80% of all other stocks. We also observe that the gains produced by BRF-PR-A over the past year are nicely spread over this period.
BRF-PR-A is part of the Independent Power and Renewable Electricity Producers industry. There are 40 other stocks in this industry. BRF-PR-A outperforms 94% of them.
BRF-PR-A is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BRF-PR-A is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month BRF-PR-A has a been trading in a tight range between 20.99 and 22.00.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BROOKFIELD RENEW POW PFD - BRCUCN 3.355 PERP / BRF-PR-A Weekly stock chart
BROOKFIELD RENEW POW PFD - BRCUCN 3.355 PERP / BRF-PR-A Daily stock chart
Setup Rating and Analysis

6

BRF-PR-A has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 21.01, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

16.55

22.11

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 20.75 to 21.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 19.08 to 19.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 18.00 to 18.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @16.72 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 21.20 to 21.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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
CRS80.44
Mansfield0.58
10 Day High22
10 Day Low20.99
20 Day High22
20 Day Low20.99
52 Week High22
52 Week Low15.96
Performance
1 Week-0.56%
2 Weeks-2.22%
1 Month-2.71%
3 Month17.61%
6 Month18.87%
12 Month27.38%
2 Year39.83%
3 Year4.54%
5 Year44.01%
10 Year3.27%
15 YearN/A
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)-0.11
RSI(14)45.93
LBB20.9
UBB22
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
21.3820.980.40 (1.88%)25.00%
An entry @21.38. This is a Buy Stop order right above the 10 day moving average.An exit @20.98. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.40 points, which is 1.88%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.47%.

  • 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 RENEW POW PFD - BRCUCN 3.355 PERP / BRF-PR-A Daily stock chart

BROOKFIELD RENEW POW PFD - BRCUCN 3.355 PERP

TSX:BRF-PR-A (2/11/2025, 7:00:00 PM)

21.17

+0.07 (+0.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.33%
1 Week-0.56%
2 Weeks-2.22%
1 Month-2.71%
3 Month17.61%
6 Month18.87%
12 Month27.38%
2 Year39.83%
3 Year4.54%
5 Year44.01%
10 Year3.27%
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.87%
ATR Inc-62.27%
Range Today0.07
ADR(20)0.16
ADR(20)%0.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.44
Mansfield0.58
10 Day High22
10 Day Low20.99
20 Day High22
20 Day Low20.99
52 Week High22
52 Week Low15.96
CS1 End21.01
CR1 Start21.2
Volume & EV
DER(3)-1.68%
DER(5)-1.46%
Volume1.50K
Volume Incr-75.72%
Vol(5)6.81K
Vol(50)19.28K