BROOKFIELD INFRASTRUCTURE PA (BIP) Stock Technical Analysis
NYSE:BIP - New York Stock Exchange, Inc. - BMG162521014
We assign a technical rating of 2 out of 10 to BIP. BIP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, BIP is a bad performer in the overall market: 70% of all stocks are doing better.
BIP is part of the Multi-Utilities industry. There are 25 other stocks in this industry, of which 62% are performing better than BIP.
In the last month BIP has a been trading in the 30.50 - 33.04 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
BIP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BIP is lagging the market.
Although the technical rating is bad, BIP does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 31.22, a Stop Loss order could be placed below this zone.
More info and screens
29.60
37.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 31.05 to 31.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.42 from a horizontal line in the daily time frame.
- Support @29.90 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @34.10 from a trend line in the daily time frame.
- A resistance zone ranging from 36.29 to 36.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.07 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
CRS30.62
Mansfield-0.53
10 Day High33.04
10 Day Low30.83
20 Day High33.04
20 Day Low30.5
52 Week High36.5
52 Week Low24.84
Performance
1 Week3.94%
2 Weeks1.47%
1 Month6.61%
3 Month-9.16%
6 Month3.41%
12 Month3.94%
2 Year-8.23%
3 Year-17.61%
5 Year-10.58%
10 Year73.9%
15 Year356.62%
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)0.08
RSI(14)52.03
LBB30.63
UBB32.97
BROOKFIELD INFRASTRUCTURE PA
NYSE:BIP (1/22/2025, 11:34:29 AM)
32.11
-0.32 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-0.99%
1 Week3.94%
2 Weeks1.47%
1 Month6.61%
3 Month-9.16%
6 Month3.41%
12 Month3.94%
2 Year-8.23%
3 Year-17.61%
5 Year-10.58%
10 Year73.9%
15 Year356.62%
Volatility
ATR(14)0.79
ATR(20)%2.47%
ATR Inc52.46%
Range Today0.65
ADR(20)0.76
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.62
Mansfield-0.53
10 Day High33.04
10 Day Low30.83
20 Day High33.04
20 Day Low30.5
52 Week High36.5
52 Week Low24.84
CS1 End31.22
CR1 Start34.1
Volume & EV
DER(3)-2.42%
DER(5)-1.23%
Volume70.72K
Volume Incr-21.08%
Vol(5)309.10K
Vol(50)357.04K