BROOKFIELD INFRASTRUCTURE-A (BIPC) Stock Technical Analysis
NYSE:BIPC - New York Stock Exchange, Inc. - CA11276H1064 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to BIPC. BIPC 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.
BIPC is one of the lesser performing stocks in the Gas Utilities industry. 92% of 14 stocks in the same industry do better.
In the last month BIPC has a been trading in the 36.32 - 42.99 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, BIPC turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
BIPC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
The technical rating of BIPC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
36.01
44.78
We found 2 important support areas.
- Support @37.29 from a horizontal line in the weekly time frame.
- A support zone ranging from 36.37 to 36.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 40.45 to 41.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.17 to 42.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 43.87 to 44.34. 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
CRS40.3
Mansfield-0.52
10 Day High42.72
10 Day Low36.32
20 Day High42.99
20 Day Low36.32
52 Week High45.29
52 Week Low28.47
Performance
1 Week-6.84%
2 Weeks-11.8%
1 Month-10.27%
3 Month-12.85%
6 Month-5.86%
12 Month5.79%
2 Year-19.02%
3 Year-25.84%
5 Year71.94%
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)-0.49
RSI(14)30.76
LBB36.74
UBB44.07
37.3
-0.13 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-0.35%
1 Week-6.84%
2 Weeks-11.8%
1 Month-10.27%
3 Month-12.85%
6 Month-5.86%
12 Month5.79%
2 Year-19.02%
3 Year-25.84%
5 Year71.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.32
ATR(20)%3.39%
ATR Inc25.39%
Range Today1.37
ADR(20)1.23
ADR(20)%3.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.3
Mansfield-0.52
10 Day High42.72
10 Day Low36.32
20 Day High42.99
20 Day Low36.32
52 Week High45.29
52 Week Low28.47
CS1 End37.29
CR1 Start40.45
Volume & EV
DER(3)-0.03%
DER(5)0.02%
Volume975.80K
Volume Incr50.48%
Vol(5)856.58K
Vol(50)556.91K