Is Brookfield Renewable Corp. technically bullish or bearish?

Jun 25 2025 09:06 AM IST
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As of May 23, 2025, Brookfield Renewable Corp. shows a mildly bullish trend, supported by positive momentum in the MACD, Bollinger Bands, and KST across weekly and monthly time frames.
As of 23 May 2025, the technical trend for Brookfield Renewable Corp. has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, and the monthly MACD is mildly bullish, indicating positive momentum. The Bollinger Bands are bullish on both the weekly and monthly time frames, supporting the upward trend. Daily moving averages also reflect a bullish stance. The KST is bullish on both weekly and monthly charts, while the Dow Theory shows a mildly bullish trend on the monthly time frame. Overall, the current technical stance is mildly bullish, driven primarily by the bullish indicators in MACD, Bollinger Bands, and KST.
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