BROOKFIELD INFRA. PARTNERS LP - Daily - Technical analysis published on 10/16/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 47.18 USD
My targets
48.33 USD (+1.11%)
49.61 USD (+3.79%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 47.18 USD remains possible. It is advisable to trade BROOKFIELD INFRA. PARTNERS LP with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 47.18 USD. The next bullish objective for buyers is set at 48.33 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 49.61 USD. PS: if there is a bearish break in the support located at 47.18 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
2.7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BROOKFIELD INFRA. PARTNERS LP price is 47.80 USD. The price registered a decrease of -0.17% on the session and was traded between 47.66 USD and 47.92 USD over the period. The price is currently at +0.29% from its lowest and -0.25% from its highest.47.66
47.92
47.80
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of BROOKFIELD INFRA. PARTNERS LP in Daily shows an overall bullish trend. 75% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 4 are bullish, 7 are neutral and 7 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 44.52 | 45.72 | 47.18 | 47.80 | 48.33 | 49.61 |
| Change (%) | -6.86% | -4.35% | -1.30% | - | +1.11% | +3.79% |
| Change | -3.28 | -2.08 | -0.62 | - | +0.53 | +1.81 |
| Level | Minor | Major | Intermediate | - | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46.77 | 47.20 | 47.54 | 47.97 | 48.31 | 48.74 | 49.08 |
| Camarilla | 47.67 | 47.74 | 47.81 | 47.88 | 47.95 | 48.02 | 48.09 |
| Woodie | 46.73 | 47.18 | 47.50 | 47.95 | 48.27 | 48.72 | 49.04 |
| Fibonacci | 47.20 | 47.49 | 47.68 | 47.97 | 48.26 | 48.45 | 48.74 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46.89 | 47.48 | 47.95 | 48.54 | 49.01 | 49.60 | 50.07 |
| Camarilla | 48.13 | 48.23 | 48.32 | 48.42 | 48.52 | 48.61 | 48.71 |
| Woodie | 46.83 | 47.45 | 47.89 | 48.51 | 48.95 | 49.57 | 50.01 |
| Fibonacci | 47.48 | 47.89 | 48.14 | 48.54 | 48.95 | 49.20 | 49.60 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 43.62 | 44.97 | 47.29 | 48.64 | 50.96 | 52.31 | 54.63 |
| Camarilla | 48.60 | 48.94 | 49.27 | 49.61 | 49.95 | 50.28 | 50.62 |
| Woodie | 44.11 | 45.21 | 47.78 | 48.88 | 51.45 | 52.55 | 55.12 |
| Fibonacci | 44.97 | 46.37 | 47.24 | 48.64 | 50.04 | 50.91 | 52.31 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.49 | |
| MACD (12,26,9): | 0.3400 | |
| Directional Movement: | -0.50 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 48.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 49.90 | |
| Elder Ray (13): | -0.47 | |
| Super Trend (3,10): | 47.25 | |
| Zig ZAG (10): | 47.85 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 10.89 | |
| TEMA (21): | 48.31 | |
| Williams %R (14): | -89.08 | |
| Chande Momentum Oscillator (20): | -1.76 | |
| Repulse (5,40,3): | -1.1200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1700 | |
| Courbe Coppock: | 0.30 |
| MA7: | 48.33 | |
| MA20: | 48.39 | |
| MA50: | 46.77 | |
| MA100: | 44.49 | |
| MAexp7: | 48.18 | |
| MAexp20: | 48.14 | |
| MAexp50: | 46.88 | |
| MAexp100: | 44.94 | |
| Price / MA7: | -1.10% | |
| Price / MA20: | -1.22% | |
| Price / MA50: | +2.20% | |
| Price / MA100: | +7.44% | |
| Price / MAexp7: | -0.79% | |
| Price / MAexp20: | -0.71% | |
| Price / MAexp50: | +1.96% | |
| Price / MAexp100: | +6.36% |
News
Don"t forget to follow the news on BROOKFIELD INFRA. PARTNERS LP. At the time of publication of this analysis, the latest news was as follows:
- Brookfield Infrastructure Partners L.P. 2019 Third Quarter Conference Call and Webcast for Investors and Analysts
- Brookfield Infrastructure to Redeem CDN$375 Million of 3.538% Series 3 Notes
- Brookfield Infrastructure to Issue $500 Million of Medium-Term Notes
- Brookfield Infrastructure Announces Unit Split and Creation of an Exchange Corporation
- Brookfield Infrastructure Reports Second Quarter 2019 Results
This member declared not having a position on this financial instrument or a related financial instrument.
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