BROOKFIELD RENEWABLE PARTNER (BEP) Stock Technical Analysis
NYSE:BEP - New York Stock Exchange, Inc. - BMG162581083 - Currency: USD
We assign a technical rating of 1 out of 10 to BEP. BEP 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
BEP is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
When comparing the yearly performance of all stocks, we notice that BEP is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
BEP is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 55% of 21 stocks in the same industry.
In the last month BEP has a been trading in the 19.29 - 23.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BEP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.75, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BEP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
19.81
28.89
When analyzing the support we can see 4 important areas.
- A support zone ranging from 21.36 to 21.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @20.99 from a horizontal line in the weekly time frame.
- Support @20.56 from a horizontal line in the weekly time frame.
- A support zone ranging from 20.01 to 20.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 22.23 to 22.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.69 to 23.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.96 from a trend line in the weekly time frame.
- Resistance @28.60 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.32
Mansfield-0.43
10 Day High22.28
10 Day Low19.49
20 Day High23.72
20 Day Low19.29
52 Week High29.56
52 Week Low19.29
Performance
1 Week1.9%
2 Weeks7.22%
1 Month-6.7%
3 Month2.81%
6 Month-20.64%
12 Month3.05%
2 Year-29.06%
3 Year-37.53%
5 Year-29.65%
10 Year1.12%
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)0.05
RSI(14)51.06
LBB20.06
UBB22.74
NYSE:BEP (4/22/2025, 8:04:00 PM)
21.99
+0.48 (+2.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg2.23%
1 Week1.9%
2 Weeks7.22%
1 Month-6.7%
3 Month2.81%
6 Month-20.64%
12 Month3.05%
2 Year-29.06%
3 Year-37.53%
5 Year-29.65%
10 Year1.12%
15 YearN/A
Volatility
ATR(14)1
ATR(20)%4.06%
ATR Inc-40.2%
Range Today0.68
ADR(20)0.86
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.32
Mansfield-0.43
10 Day High22.28
10 Day Low19.49
20 Day High23.72
20 Day Low19.29
52 Week High29.56
52 Week Low19.29
CS1 End21.75
CR1 Start22.23
Volume & EV
DER(3)5.03%
DER(5)3.09%
Volume442.90K
Volume Incr-52.32%
Vol(5)394.96K
Vol(50)670.96K