Brookfield Infrastructure Partners LP (BIP) Spiked Up 1.0% – Here’s Why

For its latest trading sesion, Brookfield Infrastructure Partners LP (BIP) spiked up by 1.0% – here is what that looked like (as of 2019-10-29):

Why are these moves happning?? To understand this better, it is helpful to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.006, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.29, an Accumulation/Distribution Index (ADI) of 0.29, an On-Balance Volume (OBV) of 145.866, and a Chaiikin Money Flow (CMF) of -49.85. 1.556

So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:

That is what an analysis of technical indicators seems to indicate for Brookfield Infrastructure Partners LP (BIP). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.

Becky Steen

My name is Becky Steen, I am a technology writer who has been writing for this website for the past 4 months. You can contact me and ask me anything about science and technology. I especially like researching new gadgets. Most recently, at the request of many of our readers, I have started providing technical stock analysis news.

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Becky Steen

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