BROOKFIELD INFRASTRUCTURE PA (BIP) Stock Technical Analysis
NYSE:BIP - New York Stock Exchange, Inc. - BMG162521014 - Currency: USD
Taking everything into account, BIP scores 2 out of 10 in our technical rating. BIP 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.
BIP 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 is lagging the market slightly.
In the last month BIP has a been trading in the 30.57 - 33.85 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!
When compared to the yearly performance of all other stocks, BIP outperforms 50% of them, which is more or less in line with the market.
BIP is an average performer in the Multi-Utilities industry, it outperforms 41% of 25 stocks in the same industry.
BIP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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 33.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.98, 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
29.60
37.44
We found 3 important support areas.
- A support zone ranging from 31.08 to 32.98. This zone is formed by a combination of multiple trend lines and important moving averages 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.
- A resistance zone ranging from 33.15 to 33.60. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS50.85
Mansfield-0.22
10 Day High33.61
10 Day Low32.42
20 Day High33.85
20 Day Low30.57
52 Week High36.5
52 Week Low24.84
Performance
1 Week-0.57%
2 Weeks-0.3%
1 Month-1.82%
3 Month-5.04%
6 Month0.61%
12 Month7.74%
2 Year-0.06%
3 Year-16.57%
5 Year-2.09%
10 Year63.32%
15 Year351.23%
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)0.02
RSI(14)51.02
LBB32.29
UBB33.76
32.99
-0.43 (-1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-1.29%
1 Week-0.57%
2 Weeks-0.3%
1 Month-1.82%
3 Month-5.04%
6 Month0.61%
12 Month7.74%
2 Year-0.06%
3 Year-16.57%
5 Year-2.09%
10 Year63.32%
15 Year351.23%
Volatility
ATR(14)0.86
ATR(20)%2.72%
ATR Inc-26.72%
Range Today0.67
ADR(20)0.84
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.85
Mansfield-0.22
10 Day High33.61
10 Day Low32.42
20 Day High33.85
20 Day Low30.57
52 Week High36.5
52 Week Low24.84
CS1 End32.98
CR1 Start33.15
Volume & EV
DER(3)-0.24%
DER(5)1.72%
Volume350.50K
Volume Incr5.56%
Vol(5)446.06K
Vol(50)404.01K