Brookfield Renewable's 15min chart indicates bearish trends with MACD Death Cross.
ByAinvest
Friday, Feb 6, 2026 2:19 pm ET1min read
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Based on the 15-minute chart of Brookfield Renewable, the MACD indicator has crossed below the signal line, indicating a bearish crossover, and the Bollinger Bands have tightened, suggesting a decrease in volatility. Additionally, the stock price closed with a bearish marubozu candle at 02/06/2026 14:15, indicating a strong downward trend and a lack of buying pressure. These technical indicators suggest that the stock price has the potential to continue falling, with a decrease in the magnitude of fluctuations and increased selling pressure. Furthermore, the bearish momentum is likely to persist in the near term.
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