BEP Forecast and Technical Stock AnalysisBuy 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.
- 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.
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.
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.
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
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|BEP $36.13 ($0.12 0.33%)|
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