In the meantime, Barclays initiated its Brookfield Renewable Corp [BEPC] rating to an Equal weight in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in mid December from “a Neutral” to “an Overweight”. Exane BNP Paribas began covering BEPC with “an Outperform” recommendation on October 20, 2023. JP Morgan revised its rating on December 09, 2021. It rated BEPC as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of BEPC
On Tuesday, Brookfield Renewable Corp [NYSE:BEPC] saw its stock jump 1.73% to $29.41. Over the last five days, the stock has gained 6.33%. Brookfield Renewable Corp shares have risen nearly 6.33% since the year began. Nevertheless, the stocks have fallen -4.36% over the past one year. While a 52-week high of $35.14 was reached on 03/24/25, a 52-week low of $23.73 was recorded on 04/09/25. SMA at 50 days reached $27.84, while 200 days put it at $28.84.
Levels Of Support And Resistance For BEPC Stock
The 24-hour chart illustrates a support level at 29.05, which if violated will result in even more drops to 28.70. On the upside, there is a resistance level at 29.65. A further resistance level may holdings at 29.90. The Relative Strength Index (RSI) on the 14-day chart is 62.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 5.73%. Stochastics %K at 88.14% indicates the stock is a selling.
