Weaker Buy Today BEP ranks #394 as BUY CANDIDATE #394 Stronger Buy

BEP stock forecast Brookfield Renewable Powerr Fund

BEP stock forecast

VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

BEP Forecast and Technical Stock Analysis

Buy candidate since 2019-07-12 Gain 0.56%

Brookfield Renewable Powerr Fund gained 0.33% in the last trading day ( Thursday, 18th Jul 2019 ), rising from $36.01 to $36.13 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During day the stock fluctuated 1.23% from a day low at $35.80 to a day high of $36.24. The price has been going up and down for this period, and there has been a 0.39% gain for the last 2 weeks. Volume fell in the last day by -3 602 shares, and in total, 93 986 shares bought and sold for approximately $3.40 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Quick summary:

  • 30 day high of the BEP stock price was $36.51 and low was $33.90.
  • 90 day high was $36.51 and low was $30.70.
  • 52 week high for the Brookfield Renewable Powerr Fund - $36.51 and low - $24.51.
Top Trending Stocks

Trend

Brookfield Renewable Powerr Fund lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 17.91% during the next 3 months and, with 90% probability hold a price between $41.20 and $43.39 at the end of this period.

Top Golden Star Stocks

Signals

Brookfield Renewable Powerr Fund holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $36.04 and $34.48. A break down below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Thursday July 11, 2019, which indicates further falls until a new bottom pivot has been found.

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

The stock holds a RSI14 at 77 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Support & Resistance

Brookfield Renewable Powerr Fund finds support from accumulated volume at $35.98.

Support: $35.98 Price: $36.13 Resistance: $36.34

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.44 (1.23%) between high and low. For the last week, the stock has had a daily average volatility of 1.15%.

Our recommended stoploss: $34.91 (-3.38%) (This stock has low daily movements and this gives low risk. The RSI14 is 77 and this increases the risk substantially. There is a sell signal from pivot top found 5 days ago.)

1.15 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Buy Candidate Upgraded

Evaluation

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.

Weaker Buy Today BEP ranks #394 as BUY CANDIDATE #394 Stronger Buy

Will BEP stock price go up or down on Mon, 22 Jul 2019?

Predict
Trading With Moving Average
As an investor, you always seek to understand what other... Full Article
Pivot Points
Pivot Points refer to points of significant change. As a... Full Article
Accumulated Volume - Support and Resistance
Volume is perhaps the best indicator of all and should... Full Article
Volume - The Indicator You Really Need to Know
Many new traders getting into the world of technical analysis... Full Article
We Give Back!
In 2016 StockInvest.us donated to NGO Goodwill projects to help purchase medical... Full Article
Better Buy: Amazon vs. Facebook
Amazon's stock slipped 21% over the past six months, as... Full Article

Proudly made at

ROCKIT