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BIP Stock Forecast & Brookfield Infrastructure Partners Chart Analysis

This article provides a detailed analysis of BIP-Brookfield Infrastructure Partners stock including a forecast for BIP shares. It features Brookfield Infrastructure Partners L.P. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

BIP Historical Data Review

BIP Current Price Performance Analysis

The Brookfield Infrastructure Partners - BIP stock traded on the American stock market, on 06-05-2024, closed at 29.18$ with a %1.14 increased compared to the previous day.

In the last month, the price of BIP changed by %-3.41 decreased in value, from 30.21 dollars on 05-06-2024 to 29.18 dollars, decreased.

Last year, the price of BIP was 36.56 dollars on 06-06-2023, and changed by %-20.19 decreased in value, to 29.18 dollars decreased within a year.

The price of Brookfield Infrastructure Partners stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

BIP with AI Stock Forecast & Price Target

BIP stock forecast Brookfield Infrastructure Partners price target

On the BIP chart Brookfield Infrastructure Partners price was recorded as 29.18 Dollars on 06/05/2024.

The artificial intelligence's forecast on BIP stock is as follows.

The artificial intelligence's prediction error margin for BIP stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Brookfield Infrastructure Partners stock over the next 4 months is: 24.4 Dollars.

The commentary on BIP stock Target Price: Highest: 27.226 Dollars is predicted.

The commentary on BIP stock Target Price: Lowest: 20.984 Dollars is predicted.

Resistance Price where Brookfield Infrastructure Partners stock will Rise and Fall:

Date Price Prediction
10-03-2024 25.713
02-10-2025 23.419

Support Price where Brookfield Infrastructure Partners stock will Fall and Rise:

Date Price Prediction
08-19-2024 24.578
01-21-2025 23.308

The commentary on BIP stock: The target price can generally be said to be on the decline.

The commentary on BIP stock: Fluctuations in the target price can be expected in the coming days.

The target price for Brookfield Infrastructure Partners stock by the end of 2024 is predicted to be 24.309 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on BIP stock, and the 2024 target price predictions for Brookfield Infrastructure Partners are detailed above.

The technical analysis and charts for the commentary on BIP stock are below.

BIP Support & Resistance and Trend Analysis

BIP review Brookfield Infrastructure Partners technical analysis trend chart BIP priceBIP stock support and resistance price chart

BIP stock you have reviewed the technical analysis support resistance charts regarding.

BIP : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the BIP review, the Brookfield Infrastructure Partners support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Brookfield Infrastructure Partners Support and Resistance Prices:

BIP Support Level Price BIP Resistance Level Price
24.84 28.10
25.14 30.61
25.40 30.84
26.20 30.90
27.46 31.03
28.45 31.32
29.54 32.00
29.60 32.19
32.26
32.52

BIP Technical Analysis: SMA, RSI, MACD

BIP review Brookfield Infrastructure Partners SMA chart analysis BIP priceBIP buy or sell review Brookfield Infrastructure Partners MACD chart analysis BIP price

Upon reviewing the BIP chart, buy and sell signals have been generated in the Brookfield Infrastructure Partners technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for BIP stock are as follows:
  1. The technical analysis for BIP indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Brookfield Infrastructure Partners indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Brookfield Infrastructure Partners stock: Click here to read more predictions on Lamb Weston Holdings stock.

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