RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BIP
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Green day on Wednesday for Brookfield Infrastructure Partners LP
(Updated on Mar 27, 2024)

Sell candidate since Mar 08, 2024 Loss -1.25% PDF

The Brookfield Infrastructure Partners LP stock price gained 1.18% on the last trading day (Wednesday, 27th Mar 2024), rising from $29.63 to $29.98. During the last trading day the stock fluctuated 2.59% from a day low at $29.40 to a day high of $30.16. The price has risen in 5 of the last 10 days and is up by 1.11% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 24 thousand more shares were traded than the day before. In total, 296 thousand shares were bought and sold for approximately $8.88 million.

The stockhas broken the wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $29.94, a level that may pose a second chance to hit a runner. According to fan-theory $32.89 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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BIP Signals & Forecast

The Brookfield Infrastructure Partners LP stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $29.54 and $29.90. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, March 08, 2024, and so far it has fallen -1.25%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Brookfield Infrastructure Partners LP stock

Brookfield Infrastructure Partners LP finds support from accumulated volume at $29.16 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.760 (2.59%) between high and low. For the last week, the stock has had daily average volatility of 2.27%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (BIP) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Brookfield Infrastructure Partners LP to open at $29.85, and during the day (based on 14 day Average True Range), to move between $29.12 and $30.84, which gives a possible trading interval of +/-$0.86 (+/-2.86%) up or down from last closing price. If Brookfield Infrastructure Partners LP takes out the full calculated possible swing range there will be an estimated 5.72% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $29.16 (2.74%) than the resistance at $31.39 (4.70%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Brookfield Infrastructure Partners LP stock A Buy?

Brookfield Infrastructure Partners LP holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.029 Sell Candidate Unchanged

Predicted Opening Price for Brookfield Infrastructure Partners LP of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$29.85 ( 0.445%) $29.98

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BIP

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 30.61 2.09 %
R2 30.32 1.12 %
R1 30.14 0.524 %
Current price: 29.98
Support S1 29.56 -1.41 %
S2 29.38 -2.01 %
S3 29.09 -2.98 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 31.84 6.20 %
R2 31.60 5.40 %
R1 31.39 4.70 %
Current price 29.98
Support S1 29.16 -2.74%
S2 28.50 -4.94%
S3 27.64 -7.81%

BIP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 01, 2024 Feb 28, 2024 Mar 29, 2024 $0.405 1.35%
2 Nov 29, 2023 Nov 29, 2023 Dec 29, 2023 $0.383 1.21%
3 Aug 03, 2023 Aug 30, 2023 Sep 29, 2023 $0.383 1.30%
4 May 03, 2023 May 30, 2023 Jun 30, 2023 $0.383 1.05%
5 Feb 02, 2023 Feb 27, 2023 Mar 31, 2023 $0.383 1.13%

FAQ

What is the symbol for Brookfield Infrastructure Partners LP Stock and on which exchange is it traded?
The symbol for Brookfield Infrastructure Partners LP is BIP and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Brookfield Infrastructure Partners LP Stock?
Brookfield Infrastructure Partners LP holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Brookfield Infrastructure Partners LP Stock?
Brookfield Infrastructure Partners LP Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Brookfield Infrastructure Partners LP Stock.

What's the current price of Brookfield Infrastructure Partners LP Stock?
As of the end of day on the 2024-03-27, the price of an Brookfield Infrastructure Partners LP (BIP) share was $29.98.

What is the 52-week high and low for Brookfield Infrastructure Partners LP Stock?
The 52-week high for Brookfield Infrastructure Partners LP Stock is $37.32 and the 52-week low is $21.03.

What is the market capitalization of Brookfield Infrastructure Partners LP Stock?
As of the 2024-03-27, the market capitalization of Brookfield Infrastructure Partners LP is 13.855B.

When is the next earnings date for Brookfield Infrastructure Partners LP?
The upcoming earnings date for Brookfield Infrastructure Partners LP is May 01, 2024.
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About Brookfield Infrastructure Partners LP

Brookfield Infrastructure Partners LP Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company's Utilities segment operates approximately 61,000 kilometers (km) of operational electricity transmission and distribution lines; 5,300 km of electricity transmission lines; 4,200 km of natural gas pipelines; 7.3 million electricity and natural gas connections; and 360... BIP Profile

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