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

AinvestFriday, Apr 25, 2025 1:31 pm ET
1min read

Brookfield Renewable's 15-minute chart exhibits a KDJ Golden Cross, accompanied by a Bullish Marubozu on April 25, 2025 at 13:15. This indicates a shift in momentum towards the upward direction, suggesting potential further growth in the stock price. Buyers are currently in control of the market, and it is likely that bullish momentum will persist.

Ask Aime: "Oscars winner's eco-friendly venture surges, aligning with Green Tech's green light?"

On April 25, 2025, at 13:15, Brookfield Renewable Partners L.P. (BEP) exhibited a significant technical signal with a KDJ Golden Cross accompanied by a Bullish Marubozu on its 15-minute chart. This combination suggests a shift in momentum towards the upward direction, indicating potential further growth in the stock price. The presence of a Bullish Marubozu, where the opening price is higher than the previous day's closing price and the entire candle is filled with green, signals strong buying pressure and a potential continuation of the uptrend [1].

Brookfield Renewable Partners, a global renewable power leader, has seen increased institutional interest recently. TD Waterhouse Canada Inc. raised its holdings by 17.0% in the fourth quarter, owning about 0.24% of the company's shares worth $15,398,000 [1]. Other institutional investors also made notable changes to their positions, including Natixis, Bank of Nova Scotia Trust Co., Barclays PLC, Advisors Capital Management LLC, and Rockefeller Capital Management L.P. [1].

The stock's market capitalization stands at $6.12 billion, with a PE ratio of -24.20 and a beta of 0.99. Analysts have provided a range of price targets and ratings, with an average rating of "Moderate Buy" and a consensus target price of $30.18 [1]. Despite the recent quarterly earnings of ($0.06) EPS, which exceeded analysts' consensus estimates of ($0.22), the company's negative return on equity and net margin suggest room for improvement in operational efficiency [1].

Brookfield Renewable Partners recently increased its dividend, paying a $0.373 quarterly dividend on March 31, 2025. This represents a $1.49 annualized dividend and a dividend yield of 6.93%, despite a payout ratio of -167.42% [1]. The company's portfolio includes renewable power generating facilities in North America, Colombia, and Brazil, generating electricity through hydroelectric, wind, solar, and other renewable sources [1].

In conclusion, the recent technical signals and increased institutional interest in Brookfield Renewable Partners suggest potential upside in the stock price. However, investors should consider the company's financial performance and operational efficiency before making investment decisions. It is essential to stay informed about the latest developments and maintain a balanced investment strategy.

References:
[1] https://www.marketbeat.com/instant-alerts/td-waterhouse-canada-inc-acquires-98966-shares-of-brookfield-renewable-partners-lp-nysebep-2025-04-22/

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