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Brookfield Renewable Partners LP Pref Class A Series 15
Buy, Hold or Sell?

Let's analyse Brookfield Renewable Partners LP Pref Class A Series 15 together

PenkeI guess you are interested in Brookfield Renewable Partners LP Pref Class A Series 15. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Brookfield Renewable Partners LP Pref Class A Series 15. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Brookfield Renewable Partners LP Pref Class A Series 15 (30 sec.)










What can you expect buying and holding a share of Brookfield Renewable Partners LP Pref Class A Series 15? (30 sec.)

How much money do you get?

How much money do you get?
C$2.34
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
C$95.89
Expected worth in 1 year
C$107.70
How sure are you?
64.7%

+ What do you gain per year?

Total Gains per Share
C$14.99
Return On Investment
59.3%

For what price can you sell your share?

Current Price per Share
C$25.27
Expected price per share
C$23.81 - C$
How sure are you?
50%

1. Valuation of Brookfield Renewable Partners LP Pref Class A Series 15 (5 min.)




Live pricePrice per Share (EOD)

C$25.27

Intrinsic Value Per Share

C$-139.18 - C$-166.36

Total Value Per Share

C$-43.29 - C$-70.47

2. Growth of Brookfield Renewable Partners LP Pref Class A Series 15 (5 min.)




Is Brookfield Renewable Partners LP Pref Class A Series 15 growing?

Current yearPrevious yearGrowGrow %
How rich?$22b$17.6b$3.3b15.8%

How much money is Brookfield Renewable Partners LP Pref Class A Series 15 making?

Current yearPrevious yearGrowGrow %
Making money-$12.5m-$42.5m$30m240.0%
Net Profit Margin-1.0%-3.7%--

How much money comes from the company's main activities?

3. Financial Health of Brookfield Renewable Partners LP Pref Class A Series 15 (5 min.)




What can you expect buying and holding a share of Brookfield Renewable Partners LP Pref Class A Series 15? (5 min.)

Welcome investor! Brookfield Renewable Partners LP Pref Class A Series 15's management wants to use your money to grow the business. In return you get a share of Brookfield Renewable Partners LP Pref Class A Series 15.

What can you expect buying and holding a share of Brookfield Renewable Partners LP Pref Class A Series 15?

First you should know what it really means to hold a share of Brookfield Renewable Partners LP Pref Class A Series 15. And how you can make/lose money.

Speculation

The Price per Share of Brookfield Renewable Partners LP Pref Class A Series 15 is C$25.27. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Brookfield Renewable Partners LP Pref Class A Series 15.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Brookfield Renewable Partners LP Pref Class A Series 15, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is C$95.89. Based on the TTM, the Book Value Change Per Share is C$2.95 per quarter. Based on the YOY, the Book Value Change Per Share is C$1.83 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is C$0.79 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Brookfield Renewable Partners LP Pref Class A Series 15.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps0.040.2%-0.05-0.2%-0.18-0.7%-0.16-0.6%-0.16-0.6%
Usd Book Value Change Per Share3.9115.5%2.178.6%1.355.3%4.1516.4%4.1516.4%
Usd Dividend Per Share0.592.3%0.582.3%0.582.3%0.572.3%0.572.3%
Usd Total Gains Per Share4.5017.8%2.7610.9%1.937.6%4.7318.7%4.7318.7%
Usd Price Per Share16.35-16.43-18.37-17.96-17.96-
Price to Earnings Ratio91.28--17.18-3.43--14.56--14.56-
Price-to-Total Gains Ratio3.63-34.19--0.65--1.78--1.78-
Price to Book Ratio0.23-0.25-0.33-0.35-0.35-
Price-to-Total Gains Ratio3.63-34.19--0.65--1.78--1.78-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share18.606301
Number of shares53
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.580.57
Usd Book Value Change Per Share2.174.15
Usd Total Gains Per Share2.764.73
Gains per Quarter (53 shares)146.23250.54
Gains per Year (53 shares)584.911,002.15
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1124461575122880992
2248922116024317611994
33721383174536526412996
44961844233048735223998
56202305291560844025000
67442766350073052836002
78683227408585261637004
89923688467097370448006
9111641495255109579249008
101239461058401217880510010

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%2.010.00.016.7%3.014.00.017.6%3.014.00.017.6%3.014.00.017.6%
Book Value Change Per Share3.01.00.075.0%7.05.00.058.3%10.07.00.058.8%10.07.00.058.8%10.07.00.058.8%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%17.00.00.0100.0%17.00.00.0100.0%17.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%8.04.00.066.7%11.06.00.064.7%11.06.00.064.7%11.06.00.064.7%

Fundamentals of Brookfield Renewable Partners LP Pref Class A Series 15

About Brookfield Renewable Partners LP Pref Class A Series 15

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, and Brazil. The company generates electricity through hydroelectric, wind, solar, distributed generation, and pumped storage, as well as renewable natural gas, carbon capture and storage, recycling, cogeneration biomass, nuclear services, and power transformation. Brookfield Renewable Partners Limited operates as the general partner of Brookfield Renewable Partners L.P. The company was formerly known as Brookfield Renewable Energy Partners L.P. and changed its name to Brookfield Renewable Partners L.P. in May 2016. Brookfield Renewable Partners L.P. was founded in 1999 and is based in Toronto, Canada. Brookfield Renewable Partners L.P operates as a subsidiary of Brookfield Corporation.

Fundamental data was last updated by Penke on 2024-03-28 21:59:07.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Brookfield Renewable Partners LP Pref Class A Series 15.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Brookfield Renewable Partners LP Pref Class A Series 15 earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Brookfield Renewable Partners LP Pref Class A Series 15 to the Utilities - Renewable industry mean.
  • A Net Profit Margin of 1.1% means that $0.01 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Brookfield Renewable Partners LP Pref Class A Series 15:

  • The MRQ is 1.1%. The company is making a profit. +1
  • The TTM is -1.0%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ1.1%TTM-1.0%+2.1%
TTM-1.0%YOY-3.7%+2.6%
TTM-1.0%5Y-3.5%+2.5%
5Y-3.5%10Y-3.5%0.0%
1.1.2. Return on Assets

Shows how efficient Brookfield Renewable Partners LP Pref Class A Series 15 is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Brookfield Renewable Partners LP Pref Class A Series 15 to the Utilities - Renewable industry mean.
  • 0.0% Return on Assets means that Brookfield Renewable Partners LP Pref Class A Series 15 generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Brookfield Renewable Partners LP Pref Class A Series 15:

  • The MRQ is 0.0%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.0%TTM0.0%+0.1%
TTM0.0%YOY-0.1%+0.1%
TTM0.0%5Y-0.1%+0.1%
5Y-0.1%10Y-0.1%0.0%
1.1.3. Return on Equity

Shows how efficient Brookfield Renewable Partners LP Pref Class A Series 15 is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Brookfield Renewable Partners LP Pref Class A Series 15 to the Utilities - Renewable industry mean.
  • 0.0% Return on Equity means Brookfield Renewable Partners LP Pref Class A Series 15 generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Brookfield Renewable Partners LP Pref Class A Series 15:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%

1.2. Operating Efficiency of Brookfield Renewable Partners LP Pref Class A Series 15.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Brookfield Renewable Partners LP Pref Class A Series 15 is operating .

  • Measures how much profit Brookfield Renewable Partners LP Pref Class A Series 15 makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Brookfield Renewable Partners LP Pref Class A Series 15 to the Utilities - Renewable industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Brookfield Renewable Partners LP Pref Class A Series 15:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM6.8%-6.8%
TTM6.8%YOY28.7%-21.9%
TTM6.8%5Y26.1%-19.3%
5Y26.1%10Y26.1%0.0%
1.2.2. Operating Ratio

Measures how efficient Brookfield Renewable Partners LP Pref Class A Series 15 is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Renewable industry mean).
  • An Operation Ratio of 1.35 means that the operating costs are $1.35 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Brookfield Renewable Partners LP Pref Class A Series 15:

  • The MRQ is 1.352. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.177. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.352TTM1.177+0.175
TTM1.177YOY0.998+0.179
TTM1.1775Y1.092+0.085
5Y1.09210Y1.0920.000

1.3. Liquidity of Brookfield Renewable Partners LP Pref Class A Series 15.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Brookfield Renewable Partners LP Pref Class A Series 15 is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Utilities - Renewable industry mean).
  • A Current Ratio of 0.57 means the company has $0.57 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Brookfield Renewable Partners LP Pref Class A Series 15:

  • The MRQ is 0.574. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.744. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.574TTM0.744-0.171
TTM0.744YOY0.736+0.008
TTM0.7445Y0.761-0.017
5Y0.76110Y0.7610.000
1.3.2. Quick Ratio

Measures if Brookfield Renewable Partners LP Pref Class A Series 15 is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Brookfield Renewable Partners LP Pref Class A Series 15 to the Utilities - Renewable industry mean.
  • A Quick Ratio of 0.11 means the company can pay off $0.11 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Brookfield Renewable Partners LP Pref Class A Series 15:

  • The MRQ is 0.107. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.245. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.107TTM0.245-0.138
TTM0.245YOY0.238+0.007
TTM0.2455Y0.278-0.033
5Y0.27810Y0.2780.000

1.4. Solvency of Brookfield Renewable Partners LP Pref Class A Series 15.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Brookfield Renewable Partners LP Pref Class A Series 15 assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Brookfield Renewable Partners LP Pref Class A Series 15 to Utilities - Renewable industry mean.
  • A Debt to Asset Ratio of 0.61 means that Brookfield Renewable Partners LP Pref Class A Series 15 assets are financed with 60.6% credit (debt) and the remaining percentage (100% - 60.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Brookfield Renewable Partners LP Pref Class A Series 15:

  • The MRQ is 0.606. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.582. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.606TTM0.582+0.025
TTM0.582YOY0.596-0.015
TTM0.5825Y0.570+0.011
5Y0.57010Y0.5700.000
1.4.2. Debt to Equity Ratio

Measures if Brookfield Renewable Partners LP Pref Class A Series 15 is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Brookfield Renewable Partners LP Pref Class A Series 15 to the Utilities - Renewable industry mean.
  • A Debt to Equity ratio of 0.0% means that company has $0.00 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Brookfield Renewable Partners LP Pref Class A Series 15:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000

2. Market Valuation of Brookfield Renewable Partners LP Pref Class A Series 15

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Brookfield Renewable Partners LP Pref Class A Series 15 generates.

  • Above 15 is considered overpriced but always compare Brookfield Renewable Partners LP Pref Class A Series 15 to the Utilities - Renewable industry mean.
  • A PE ratio of 91.28 means the investor is paying $91.28 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Brookfield Renewable Partners LP Pref Class A Series 15:

  • The EOD is 103.856. Based on the earnings, the company is expensive. -2
  • The MRQ is 91.280. Based on the earnings, the company is expensive. -2
  • The TTM is -17.182. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD103.856MRQ91.280+12.576
MRQ91.280TTM-17.182+108.461
TTM-17.182YOY3.428-20.610
TTM-17.1825Y-14.556-2.625
5Y-14.55610Y-14.5560.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Brookfield Renewable Partners LP Pref Class A Series 15:

  • The EOD is -2.854. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.509. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.715. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.854MRQ-2.509-0.346
MRQ-2.509TTM-1.715-0.794
TTM-1.715YOY-51.841+50.126
TTM-1.7155Y-10.511+8.796
5Y-10.51110Y-10.5110.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Brookfield Renewable Partners LP Pref Class A Series 15 is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Utilities - Renewable industry mean).
  • A PB ratio of 0.23 means the investor is paying $0.23 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Brookfield Renewable Partners LP Pref Class A Series 15:

  • The EOD is 0.264. Based on the equity, the company is cheap. +2
  • The MRQ is 0.232. Based on the equity, the company is cheap. +2
  • The TTM is 0.246. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.264MRQ0.232+0.032
MRQ0.232TTM0.246-0.014
TTM0.246YOY0.328-0.082
TTM0.2465Y0.347-0.101
5Y0.34710Y0.3470.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Brookfield Renewable Partners LP Pref Class A Series 15 compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--5.3102.953+80%1.831+190%5.641-6%5.641-6%
Book Value Per Share--95.89090.937+5%76.539+25%72.836+32%72.836+32%
Current Ratio--0.5740.744-23%0.736-22%0.761-25%0.761-25%
Debt To Asset Ratio--0.6060.582+4%0.596+2%0.570+6%0.570+6%
Debt To Equity Ratio----0%-0%-0%-0%
Dividend Per Share--0.8030.794+1%0.785+2%0.780+3%0.780+3%
Eps--0.061-0.065+207%-0.241+496%-0.220+461%-0.220+461%
Free Cash Flow Per Share---2.213-0.755-66%-0.621-72%-0.399-82%-0.399-82%
Free Cash Flow To Equity Per Share--4.4270.705+528%2.169+104%0.912+386%0.912+386%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---166.362--------
Intrinsic Value_10Y_min---139.177--------
Intrinsic Value_1Y_max---5.016--------
Intrinsic Value_1Y_min---4.920--------
Intrinsic Value_3Y_max---23.954--------
Intrinsic Value_3Y_min---22.689--------
Intrinsic Value_5Y_max---53.599--------
Intrinsic Value_5Y_min---48.985--------
Market Cap7900362664.320+12%6943690335.3606978080517.1200%7801881689.280-11%7627631971.539-9%7627631971.539-9%
Net Profit Margin--0.011-0.010+199%-0.037+449%-0.035+434%-0.035+434%
Operating Margin---0.068-100%0.287-100%0.261-100%0.261-100%
Operating Ratio--1.3521.177+15%0.998+35%1.092+24%1.092+24%
Pb Ratio0.264+12%0.2320.246-6%0.328-29%0.347-33%0.347-33%
Pe Ratio103.856+12%91.280-17.182+119%3.428+2563%-14.556+116%-14.556+116%
Price Per Share25.270+12%22.21022.3200%24.955-11%24.398-9%24.398-9%
Price To Free Cash Flow Ratio-2.854-14%-2.509-1.715-32%-51.841+1967%-10.511+319%-10.511+319%
Price To Total Gains Ratio4.134+12%3.63434.188-89%-0.646+118%-1.776+149%-1.776+149%
Quick Ratio--0.1070.245-56%0.238-55%0.278-61%0.278-61%
Return On Assets--0.0000.000+208%-0.001+481%-0.001+468%-0.001+468%
Return On Equity----0%-0%-0%-0%
Total Gains Per Share--6.1133.747+63%2.616+134%6.420-5%6.420-5%
Usd Book Value--22073537700.00020933377150.000+5%17618922700.000+25%16766590482.353+32%16766590482.353+32%
Usd Book Value Change Per Share--3.9092.174+80%1.348+190%4.153-6%4.153-6%
Usd Book Value Per Share--70.60466.957+5%56.356+25%53.629+32%53.629+32%
Usd Dividend Per Share--0.5910.585+1%0.578+2%0.574+3%0.574+3%
Usd Eps--0.045-0.048+207%-0.178+496%-0.162+461%-0.162+461%
Usd Free Cash Flow---509519600.000-173766800.000-66%-143026275.000-72%-86536905.882-83%-86536905.882-83%
Usd Free Cash Flow Per Share---1.630-0.556-66%-0.457-72%-0.294-82%-0.294-82%
Usd Free Cash Flow To Equity Per Share--3.2590.519+528%1.597+104%0.671+386%0.671+386%
Usd Market Cap5817037029.739+12%5112639193.9265137960684.7550%5744525487.817-11%5616225420.644-9%5616225420.644-9%
Usd Price Per Share18.606+12%16.35316.4340%18.374-11%17.964-9%17.964-9%
Usd Profit--14002658.880-12502374.000+189%-42508071.600+404%-35712663.614+355%-35712663.614+355%
Usd Revenue--1323251264.1601259739204.240+5%1177973678.280+12%1049199226.080+26%1049199226.080+26%
Usd Total Gains Per Share--4.5012.759+63%1.926+134%4.727-5%4.727-5%
 EOD+5 -3MRQTTM+20 -13YOY+20 -135Y+16 -1710Y+16 -17

3.2. Fundamental Score

Let's check the fundamental score of Brookfield Renewable Partners LP Pref Class A Series 15 based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15103.856
Price to Book Ratio (EOD)Between0-10.264
Net Profit Margin (MRQ)Greater than00.011
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.107
Current Ratio (MRQ)Greater than10.574
Debt to Asset Ratio (MRQ)Less than10.606
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.050.000
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Brookfield Renewable Partners LP Pref Class A Series 15 based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5080.405
Ma 20Greater thanMa 5024.204
Ma 50Greater thanMa 10023.961
Ma 100Greater thanMa 20022.705
OpenGreater thanClose25.240
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Net Income  -111,38989,654-21,734-2,717-24,451-16,301-40,75259,77019,018



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in CAD. All numbers in thousands.

Summary
Total Assets76,128,000
Total Liabilities46,149,000
Total Stockholder Equity0
 As reported
Total Liabilities 46,149,000
Total Stockholder Equity+ 0
Total Assets = 76,128,000

Assets

Total Assets76,128,000
Total Current Assets4,610,000
Long-term Assets71,518,000
Total Current Assets
Cash And Cash Equivalents 890,000
Short-term Investments 199,000
Net Receivables 662,000
Inventory 111,000
Other Current Assets 127,000
Total Current Assets  (as reported)4,610,000
Total Current Assets  (calculated)1,989,000
+/- 2,621,000
Long-term Assets
Property Plant Equipment 64,005,000
Goodwill 1,944,000
Long Term Investments 4,314,000
Intangible Assets 15,000
Long-term Assets Other 165,000
Long-term Assets  (as reported)71,518,000
Long-term Assets  (calculated)70,443,000
+/- 1,075,000

Liabilities & Shareholders' Equity

Total Current Liabilities8,038,000
Long-term Liabilities38,111,000
Total Stockholder Equity0
Total Current Liabilities
Short Long Term Debt 4,935,000
Accounts payable 388,000
Other Current Liabilities 687,000
Total Current Liabilities  (as reported)8,038,000
Total Current Liabilities  (calculated)6,010,000
+/- 2,028,000
Long-term Liabilities
Long term Debt 24,767,000
Capital Lease Obligations Min Short Term Debt768,000
Long-term Liabilities Other 2,620,000
Long-term Liabilities  (as reported)38,111,000
Long-term Liabilities  (calculated)28,155,000
+/- 9,956,000
Total Stockholder Equity
Total Stockholder Equity (as reported)0
Total Stockholder Equity (calculated)0
+/-0
Other
Common Stock Shares Outstanding 287,164
Net Debt 28,812,000
Net Invested Capital 34,425,000
Net Working Capital -3,428,000
Property Plant and Equipment Gross 64,005,000



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-31
> Total Assets 
35,691,000
32,663,000
33,325,000
44,123,000
49,722,000
50,901,000
51,121,000
49,887,000
55,867,000
58,381,000
57,030,000
57,388,000
64,085,000
64,797,000
65,901,000
65,563,000
76,128,000
76,128,00065,563,00065,901,00064,797,00064,085,00057,388,00057,030,00058,381,00055,867,00049,887,00051,121,00050,901,00049,722,00044,123,00033,325,00032,663,00035,691,000
   > Total Current Assets 
1,474,000
1,564,000
1,410,000
2,095,000
1,742,000
3,172,000
2,989,000
2,341,000
2,861,000
2,922,000
3,156,000
3,573,000
4,183,000
3,508,000
3,618,000
3,109,000
4,610,000
4,610,0003,109,0003,618,0003,508,0004,183,0003,573,0003,156,0002,922,0002,861,0002,341,0002,989,0003,172,0001,742,0002,095,0001,410,0001,564,0001,474,000
       Cash And Cash Equivalents 
115,000
294,000
229,000
482,000
431,000
358,000
530,000
537,000
764,000
734,000
823,000
846,000
998,000
905,000
921,000
781,000
890,000
890,000781,000921,000905,000998,000846,000823,000734,000764,000537,000530,000358,000431,000482,000229,000294,000115,000
       Short-term Investments 
88,000
126,000
72,000
60,000
0
0
96,000
0
60,000
50,000
86,000
146,000
125,000
139,000
173,000
166,000
199,000
199,000166,000173,000139,000125,000146,00086,00050,00060,000096,0000060,00072,000126,00088,000
       Net Receivables 
406,000
639,000
635,000
945,000
894,000
832,000
990,000
836,000
899,000
985,000
908,000
1,040,000
1,133,000
697,000
1,844,000
610,000
662,000
662,000610,0001,844,000697,0001,133,0001,040,000908,000985,000899,000836,000990,000832,000894,000945,000635,000639,000406,000
       Other Current Assets 
0
409,000
392,000
502,000
265,000
1,755,000
1,159,000
757,000
753,000
969,000
1,166,000
1,334,000
1,799,000
101,000
399,000
161,000
127,000
127,000161,000399,000101,0001,799,0001,334,0001,166,000969,000753,000757,0001,159,0001,755,000265,000502,000392,000409,0000
   > Long-term Assets 
34,217,000
31,099,000
31,915,000
41,916,000
47,630,000
47,729,000
48,132,000
47,546,000
52,802,000
55,459,000
53,874,000
53,815,000
59,340,000
61,289,000
62,283,000
62,454,000
71,518,000
71,518,00062,454,00062,283,00061,289,00059,340,00053,815,00053,874,00055,459,00052,802,00047,546,00048,132,00047,729,00047,630,00041,916,00031,915,00031,099,00034,217,000
       Property Plant Equipment 
0
27,865,000
28,519,000
38,939,000
44,590,000
44,280,000
44,646,000
44,031,000
49,432,000
51,167,000
49,594,000
49,079,000
54,283,000
54,977,000
56,262,000
56,437,000
64,005,000
64,005,00056,437,00056,262,00054,977,00054,283,00049,079,00049,594,00051,167,00049,432,00044,031,00044,646,00044,280,00044,590,00038,939,00028,519,00027,865,0000
       Goodwill 
821,000
662,000
716,000
871,000
970,000
1,010,000
998,000
977,000
966,000
1,266,000
1,185,000
1,346,000
3,665,000
1,559,000
1,603,000
1,555,000
1,944,000
1,944,0001,555,0001,603,0001,559,0003,665,0001,346,0001,185,0001,266,000966,000977,000998,0001,010,000970,000871,000716,000662,000821,000
       Long Term Investments 
1,889,000
1,979,000
2,068,000
916,000
971,000
1,375,000
1,389,000
1,293,000
1,107,000
1,145,000
1,164,000
2,059,000
1,392,000
3,545,000
3,376,000
3,437,000
4,314,000
4,314,0003,437,0003,376,0003,545,0001,392,0002,059,0001,164,0001,145,0001,107,0001,293,0001,389,0001,375,000971,000916,0002,068,0001,979,0001,889,000
       Intangible Assets 
10,000
0
0
235,000
232,000
227,000
225,000
222,000
218,000
220,000
216,000
212,000
209,000
205,000
8,000
7,000
15,000
15,0007,0008,000205,000209,000212,000216,000220,000218,000222,000225,000227,000232,000235,0000010,000
       Long-term Assets Other 
90,000
462,000
479,000
562,000
196,000
650,000
667,000
803,000
78,000
1,161,000
1,024,000
928,000
138,000
794,000
823,000
837,000
165,000
165,000837,000823,000794,000138,000928,0001,024,0001,161,00078,000803,000667,000650,000196,000562,000479,000462,00090,000
> Total Liabilities 
17,560,000
16,306,000
17,151,000
26,304,000
27,955,000
29,467,000
29,390,000
29,620,000
31,871,000
33,923,000
34,029,000
35,417,000
37,799,000
37,885,000
37,389,000
37,244,000
46,149,000
46,149,00037,244,00037,389,00037,885,00037,799,00035,417,00034,029,00033,923,00031,871,00029,620,00029,390,00029,467,00027,955,00026,304,00017,151,00016,306,00017,560,000
   > Total Current Liabilities 
1,678,000
1,589,000
2,171,000
3,391,000
2,876,000
3,939,000
3,484,000
3,174,000
3,222,000
5,054,000
4,327,000
4,526,000
4,943,000
4,827,000
3,956,000
4,078,000
8,038,000
8,038,0004,078,0003,956,0004,827,0004,943,0004,526,0004,327,0005,054,0003,222,0003,174,0003,484,0003,939,0002,876,0003,391,0002,171,0001,589,0001,678,000
       Short Long Term Debt 
685,000
680,000
1,330,000
1,694,000
2,135,000
1,182,000
1,212,000
1,852,000
2,149,000
2,682,000
2,719,000
2,834,000
2,276,000
2,391,000
1,457,000
1,701,000
4,935,000
4,935,0001,701,0001,457,0002,391,0002,276,0002,834,0002,719,0002,682,0002,149,0001,852,0001,212,0001,182,0002,135,0001,694,0001,330,000680,000685,000
       Accounts payable 
111,000
66,000
76,000
345,000
127,000
941,000
927,000
178,000
208,000
165,000
170,000
239,000
276,000
231,000
1,020,000
308,000
388,000
388,000308,0001,020,000231,000276,000239,000170,000165,000208,000178,000927,000941,000127,000345,00076,00066,000111,000
       Other Current Liabilities 
276,000
423,000
306,000
402,000
690,000
1,458,000
916,000
601,000
574,000
660,000
624,000
640,000
1,177,000
637,000
1,479,000
442,000
687,000
687,000442,0001,479,000637,0001,177,000640,000624,000660,000574,000601,000916,0001,458,000690,000402,000306,000423,000276,000
   > Long-term Liabilities 
15,882,000
14,717,000
14,980,000
22,027,000
21,462,000
25,528,000
25,906,000
26,446,000
25,595,000
28,869,000
29,702,000
30,891,000
31,679,000
33,058,000
33,433,000
33,166,000
38,111,000
38,111,00033,166,00033,433,00033,058,00031,679,00030,891,00029,702,00028,869,00025,595,00026,446,00025,906,00025,528,00021,462,00022,027,00014,980,00014,717,00015,882,000
       Long term Debt 
10,319,000
9,591,000
9,556,000
17,553,000
15,947,000
17,793,000
18,165,000
18,438,000
19,380,000
19,518,000
20,696,000
21,948,000
25,172,000
22,797,000
22,958,000
22,670,000
24,767,000
24,767,00022,670,00022,958,00022,797,00025,172,00021,948,00020,696,00019,518,00019,380,00018,438,00018,165,00017,793,00015,947,00017,553,0009,556,0009,591,00010,319,000
       Capital Lease Obligations Min Short Term Debt
133,000
15,000
15,000
580,000
438,000
33,000
29,000
24,000
464,000
29,000
27,000
33,000
559,000
34,000
34,000
36,000
768,000
768,00036,00034,00034,000559,00033,00027,00029,000464,00024,00029,00033,000438,000580,00015,00015,000133,000
       Other Liabilities 
0
5,126,000
5,424,000
7,054,000
7,736,000
7,735,000
7,741,000
8,008,000
8,504,000
9,351,000
9,006,000
8,943,000
9,782,000
0
10,475,000
0
0
0010,475,00009,782,0008,943,0009,006,0009,351,0008,504,0008,008,0007,741,0007,735,0007,736,0007,054,0005,424,0005,126,0000
       Long-term Liabilities Other 
62,000
1,031,000
1,187,000
1,968,000
130,000
1,792,000
1,820,000
1,887,000
130,000
1,463,000
1,435,000
2,244,000
1,812,000
3,019,000
2,974,000
2,958,000
2,620,000
2,620,0002,958,0002,974,0003,019,0001,812,0002,244,0001,435,0001,463,000130,0001,887,0001,820,0001,792,000130,0001,968,0001,187,0001,031,00062,000
> Total Stockholder Equity
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000
   Common Stock
0
1,785,000
1,534,000
3,411,000
4,197,000
3,503,000
3,348,000
2,900,000
3,999,000
3,930,000
3,554,000
3,097,000
3,614,000
0
9,972,000
0
0
009,972,00003,614,0003,097,0003,554,0003,930,0003,999,0002,900,0003,348,0003,503,0004,197,0003,411,0001,534,0001,785,0000
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 00000000000000000
   Capital Surplus 00000000000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
0
5,233,000
5,228,000
4,041,000
4,833,000
4,682,000
5,087,000
4,934,000
6,200,000
6,369,000
6,241,000
6,174,000
6,586,000
0
592,000
0
0
00592,00006,586,0006,174,0006,241,0006,369,0006,200,0004,934,0005,087,0004,682,0004,833,0004,041,0005,228,0005,233,0000



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue5,038,000
Cost of Revenue-1,933,000
Gross Profit3,105,0003,105,000
 
Operating Income (+$)
Gross Profit3,105,000
Operating Expense-3,990,000
Operating Income1,048,000-885,000
 
Operating Expense (+$)
Research Development-
Selling General Administrative205,000
Selling And Marketing Expenses-
Operating Expense3,990,000205,000
 
Net Interest Income (+$)
Interest Income107,000
Interest Expense-1,627,000
Other Finance Cost-0
Net Interest Income-1,520,000
 
Pretax Income (+$)
Operating Income1,048,000
Net Interest Income-1,520,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)568,0008,000
EBIT - interestExpense = -1,627,000
-50,000
1,577,000
Interest Expense1,627,000
Earnings Before Interest and Taxes (EBIT)-2,195,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax568,000
Tax Provision--48,000
Net Income From Continuing Ops616,000616,000
Net Income-50,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net1,040,0001,520,000
 

Technical Analysis of Brookfield Renewable Partners LP Pref Class A Series 15
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Brookfield Renewable Partners LP Pref Class A Series 15. The general trend of Brookfield Renewable Partners LP Pref Class A Series 15 is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Brookfield Renewable Partners LP Pref Class A Series 15's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Brookfield Renewable Partners LP Pref Class A Series 15.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: .

The bearish price targets are: 24.15 > 24.15 > 23.81.

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Brookfield Renewable Partners LP Pref Class A Series 15 Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Brookfield Renewable Partners LP Pref Class A Series 15. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Brookfield Renewable Partners LP Pref Class A Series 15 Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Brookfield Renewable Partners LP Pref Class A Series 15. The current macd is 0.35894964.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Brookfield Renewable Partners LP Pref Class A Series 15 price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Brookfield Renewable Partners LP Pref Class A Series 15. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Brookfield Renewable Partners LP Pref Class A Series 15 price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Brookfield Renewable Partners LP Pref Class A Series 15 Daily Moving Average Convergence/Divergence (MACD) ChartBrookfield Renewable Partners LP Pref Class A Series 15 Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Brookfield Renewable Partners LP Pref Class A Series 15. The current adx is 52.25.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Brookfield Renewable Partners LP Pref Class A Series 15 shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Brookfield Renewable Partners LP Pref Class A Series 15 Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Brookfield Renewable Partners LP Pref Class A Series 15. The current sar is 24.22.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Brookfield Renewable Partners LP Pref Class A Series 15 Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Brookfield Renewable Partners LP Pref Class A Series 15. The current rsi is 80.40. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -1/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
Brookfield Renewable Partners LP Pref Class A Series 15 Daily Relative Strength Index (RSI) ChartBrookfield Renewable Partners LP Pref Class A Series 15 Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Brookfield Renewable Partners LP Pref Class A Series 15. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 5/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Brookfield Renewable Partners LP Pref Class A Series 15 price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Brookfield Renewable Partners LP Pref Class A Series 15 Daily Stochastic Oscillator ChartBrookfield Renewable Partners LP Pref Class A Series 15 Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Brookfield Renewable Partners LP Pref Class A Series 15. The current cci is 188.08.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Brookfield Renewable Partners LP Pref Class A Series 15 Daily Commodity Channel Index (CCI) ChartBrookfield Renewable Partners LP Pref Class A Series 15 Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Brookfield Renewable Partners LP Pref Class A Series 15. The current cmo is 72.55.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Brookfield Renewable Partners LP Pref Class A Series 15 Daily Chande Momentum Oscillator (CMO) ChartBrookfield Renewable Partners LP Pref Class A Series 15 Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Brookfield Renewable Partners LP Pref Class A Series 15. The current willr is -1.35135135.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Brookfield Renewable Partners LP Pref Class A Series 15 Daily Williams %R ChartBrookfield Renewable Partners LP Pref Class A Series 15 Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Brookfield Renewable Partners LP Pref Class A Series 15.

Brookfield Renewable Partners LP Pref Class A Series 15 Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Brookfield Renewable Partners LP Pref Class A Series 15. The current atr is 0.19230613.

Brookfield Renewable Partners LP Pref Class A Series 15 Daily Average True Range (ATR) ChartBrookfield Renewable Partners LP Pref Class A Series 15 Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Brookfield Renewable Partners LP Pref Class A Series 15. The current obv is 193,284.

Brookfield Renewable Partners LP Pref Class A Series 15 Daily On-Balance Volume (OBV) ChartBrookfield Renewable Partners LP Pref Class A Series 15 Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Brookfield Renewable Partners LP Pref Class A Series 15. The current mfi is 89.31.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Brookfield Renewable Partners LP Pref Class A Series 15 Daily Money Flow Index (MFI) ChartBrookfield Renewable Partners LP Pref Class A Series 15 Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Brookfield Renewable Partners LP Pref Class A Series 15.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-28MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-25WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Brookfield Renewable Partners LP Pref Class A Series 15 Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Brookfield Renewable Partners LP Pref Class A Series 15 based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5080.405
Ma 20Greater thanMa 5024.204
Ma 50Greater thanMa 10023.961
Ma 100Greater thanMa 20022.705
OpenGreater thanClose25.240
Total4/5 (80.0%)
Penke

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