Londinia Opportunities Analyses - 06/07/2023 (GMT) BROOKFIELD INFRASTRUCTURE - 1H

BROOKFIELD INFRASTRUCTURE
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: BIPC
ISIN: CA11275Q1072

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 47.56 USD
My targets
48.82 USD (+1.81%)
50.92 USD (+6.19%)
My analysis
The bullish trend is currently very strong on BROOKFIELD INFRASTRUCTURE. As long as the price remains above the support at 47.56 USD, you could try to benefit from the boom. The first bullish objective is located at 48.82 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 50.92 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

BROOKFIELD INFRASTRUCTURE rating 47.95 USD. The price has increased by +1.31% since the last closing and was between 47.42 USD and 48.07 USD. This implies that the price is at +1.12% from its lowest and at -0.25% from its highest.

47.42
48.07
47.95

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this BROOKFIELD INFRASTRUCTURE chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 44.86 46.65 47.56 47.95 48.82 50.92
Change (%) -6.44% -2.71% -0.81% - +1.81% +6.19%
Change -3.09 -1.30 -0.39 - +0.87 +2.97
Level Intermediate Major Major - Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard46.1446.5446.9447.3447.7448.1448.54
Camarilla47.1147.1847.2647.3347.4047.4847.55
Woodie46.1346.5446.9347.3447.7348.1448.53
Fibonacci46.5446.8547.0447.3447.6547.8448.14


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard44.2144.8345.9746.5947.7348.3549.49
Camarilla46.6346.7946.9547.1147.2747.4347.59
Woodie44.4744.9646.2346.7247.9948.4849.75
Fibonacci44.8345.5045.9246.5947.2647.6848.35


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard35.3538.2042.1545.0048.9551.8055.75
Camarilla44.2344.8545.4846.1046.7247.3547.97
Woodie35.9038.4842.7045.2849.5052.0856.30
Fibonacci38.2040.8042.4045.0047.6049.2051.80

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 63.86
MACD (12,26,9): 0.2900
Directional Movement: 13.86
AROON (14): 64.29
DEMA (21): 47.78
Parabolic SAR (0,02-0,02-0,2): 47.25
Elder Ray (13): 0.24
Super Trend (3,10): 46.87
Zig ZAG (10): 47.82
VORTEX (21): 1.0700
Stochastique (14,3,5): 81.35
TEMA (21): 47.91
Williams %R (14): -17.48
Chande Momentum Oscillator (20): 0.70
Repulse (5,40,3): 0.0500
ROCnROLL: 1
TRIX (15,9): 0.0800
Courbe Coppock: 2.87
MA7: 46.88
MA20: 46.59
MA50: 45.18
MA100: 44.38
MAexp7: 47.72
MAexp20: 47.41
MAexp50: 47.01
MAexp100: 46.60
Price / MA7: +2.28%
Price / MA20: +2.92%
Price / MA50: +6.13%
Price / MA100: +8.04%
Price / MAexp7: +0.48%
Price / MAexp20: +1.14%
Price / MAexp50: +2.00%
Price / MAexp100: +2.90%

Quotes : - 15 min delayed data - Actions NYSE