BROOKFIELD INFRASTRUCTURE PA (BIP-UN.CA) Stock Technical Analysis
TSX:BIP-UN - Toronto Stock Exchange - BMG162521014 - Currency: CAD
Taking everything into account, BIP-UN scores 3 out of 10 in our technical rating. In the last year, BIP-UN was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
BIP-UN is part of the Multi-Utilities industry. There are 21 other stocks in this industry, of which 85% are performing better than BIP-UN.
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.
BIP-UN 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 BIP-UN is lagging the market slightly.
In the last month BIP-UN has a been trading in the 45.04 - 48.88 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, BIP-UN turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
BIP-UN has a bad technical rating, but it does show 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 resistance zone just above the current price starting at 47.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 46.83, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
43.50
50.79
When analyzing the support we can see 3 important areas.
- A support zone ranging from 46.54 to 46.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 45.08 to 45.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 43.94 to 44.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 47.19 to 47.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @48.50 from a horizontal line in the daily time frame.
- A resistance zone ranging from 49.77 to 50.29. This zone is formed by a combination of multiple trend lines 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
CRS48.84
Mansfield0.04
10 Day High48.02
10 Day Low46.06
20 Day High48.88
20 Day Low45.04
52 Week High50.46
52 Week Low34.36
Performance
1 Week-0.32%
2 Weeks-1.12%
1 Month-2.94%
3 Month-3.42%
6 Month5.99%
12 Month13.53%
2 Year4.36%
3 Year-6.47%
5 Year3.58%
10 Year178.38%
15 Year814.96%
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)-0.04
RSI(14)49.18
LBB46.41
UBB47.89
TSX:BIP-UN (2/21/2025, 7:00:00 PM)
46.9
-0.5 (-1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-1.05%
1 Week-0.32%
2 Weeks-1.12%
1 Month-2.94%
3 Month-3.42%
6 Month5.99%
12 Month13.53%
2 Year4.36%
3 Year-6.47%
5 Year3.58%
10 Year178.38%
15 Year814.96%
Volatility
ATR(14)1.15
ATR(20)%2.55%
ATR Inc-35.31%
Range Today0.77
ADR(20)1.16
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.84
Mansfield0.04
10 Day High48.02
10 Day Low46.06
20 Day High48.88
20 Day Low45.04
52 Week High50.46
52 Week Low34.36
CS1 End46.83
CR1 Start47.19
Volume & EV
DER(3)-3.13%
DER(5)-1.01%
Volume242.50K
Volume Incr-10.29%
Vol(5)375.16K
Vol(50)409.96K