Brookfield Renewable's 15-min chart triggered KDJ Golden Cross, bullish Marubozu candle.

Based on the 15-minute chart of Brookfield Renewable, a recent technical indicator known as the KDJ Golden Cross has been triggered, along with a bullish Marubozu pattern. This suggests that the momentum of the stock price is shifting towards an upward trend, with a potential for further increases. Currently, the buyers are in control of the market, and the bullish momentum is expected to continue.

Brookfield Renewable Partners (NYSE:BEP) has shown signs of a potential upward trend in its stock price, according to recent technical indicators. The KDJ Golden Cross, a technical indicator that signals a shift in momentum, has been triggered on the 15-minute chart of the stock. Additionally, the appearance of a bullish Marubozu pattern suggests that the buyers are in control of the market, indicating a continuation of the bullish momentum [2].

The KDJ Golden Cross is a bullish signal that occurs when the K line crosses above the D line on the chart. This pattern is often associated with a shift in the stock's momentum towards an upward trend. The Marubozu pattern, characterized by a single candle with no wicks, indicates strong buying pressure and a potential continuation of the current trend.

Brookfield Renewable Partners reported earnings per share (EPS) of $0.06 for the quarter, exceeding analysts' consensus estimates of -$0.22 by $0.16. The company also announced a quarterly dividend of $0.373, an increase from the previous quarter's dividend of $0.36 [2].

Institutional investors have shown interest in the stock, with TD Waterhouse Canada Inc. increasing its holdings by 17.0% in the fourth quarter. Other institutional investors, such as Natixis, Bank of Nova Scotia Trust Co., Barclays PLC, Advisors Capital Management LLC, and Rockefeller Capital Management L.P., have also made significant purchases in the stock [2].

The stock has a market capitalization of $6.12 billion, a PE ratio of -24.20, and a beta of 0.99. The company's debt-to-equity ratio is 0.93, with a quick ratio of 0.73 and a current ratio of 0.25. Brookfield Renewable Partners has a 52-week low of $19.29 and a 52-week high of $29.56, with a 50-day moving average of $22.33 and a 200-day moving average of $23.54 [2].

The technical indicators and recent earnings report suggest that Brookfield Renewable Partners may continue its upward trend, driven by strong buying pressure and institutional investor interest.

References:
[1] https://www.marketbeat.com/instant-alerts/mirabella-financial-services-llp-makes-new-832000-investment-in-brookfield-asset-management-ltd-nysebam-2025-04-21/
[2] https://www.marketbeat.com/instant-alerts/td-waterhouse-canada-inc-acquires-98966-shares-of-brookfield-renewable-partners-lp-nysebep-2025-04-22/