BROOKFIELD INFRASTRUCTUR - BIP 3.974 PERP (BIP-PR-A.CA) Stock Technical Analysis
TSX:BIP-PR-A - Toronto Stock Exchange - BMG162521279 - Currency: CAD
Overall BIP-PR-A gets a technical rating of 7 out of 10. In the last year, BIP-PR-A was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: BIP-PR-A has an average volume of 10732 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that BIP-PR-A is one of the better performing stocks in the market, outperforming 78% of all stocks. We also observe that the gains produced by BIP-PR-A over the past year are nicely spread over this period.
BIP-PR-A is part of the Multi-Utilities industry. There are 21 other stocks in this industry. BIP-PR-A outperforms 95% of them.
BIP-PR-A is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BIP-PR-A has a been trading in a tight range between 24.11 and 24.75.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, BIP-PR-A also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
20.66
24.98
We found 2 important support areas.
- Support @21.91 from a trend line in the daily time frame.
- A support zone ranging from 20.87 to 21.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.30 to 24.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.41
Mansfield0.31
10 Day High24.73
10 Day Low24.11
20 Day High24.75
20 Day Low24.11
52 Week High24.75
52 Week Low0
Performance
1 Week0.21%
2 Weeks0%
1 Month-1.02%
3 Month6.07%
6 Month9.26%
12 Month33.37%
2 Year33.52%
3 Year3.27%
5 Year27.69%
10 YearN/A
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)-0.03
RSI(14)48.69
LBB24.08
UBB24.64
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.36 | 24.10 | 0.26 (1.05%) | 25.00% |
| An entry @24.36. This is a Buy Stop order right above the 10 day moving average. | An exit @24.10. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.26 points, which is 1.05%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.26%. |
- The distance between exit and entry is rather small compared to the average daily movement of BIP-PR-A. Please evaluate whether better entry and exit points can be found.
- 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 INFRASTRUCTUR - BIP 3.974 PERP
TSX:BIP-PR-A (2/21/2025, 7:00:00 PM)
24.3
-0.2 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-0.82%
1 Week0.21%
2 Weeks0%
1 Month-1.02%
3 Month6.07%
6 Month9.26%
12 Month33.37%
2 Year33.52%
3 Year3.27%
5 Year27.69%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%0.78%
ATR Inc-38.49%
Range Today0.2
ADR(20)0.12
ADR(20)%0.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.41
Mansfield0.31
10 Day High24.73
10 Day Low24.11
20 Day High24.75
20 Day Low24.11
52 Week High24.75
52 Week Low0
CS1 End21.91
CR1 Start24.3
Volume & EV
DER(3)2.33%
DER(5)1.4%
Volume700
Volume Incr-82.64%
Vol(5)1.62K
Vol(50)10.73K