MENU
Go to the list of all blogs
Vitalii Liubimov's Avatar
published in Blogs
Oct 28, 2023

$BEP, $ORA, $AQN, $NEP, $ENLT, and others have declined by 10% to 45% in the past month.

 

Alternative Power Generation stocks have dropped by 10% to 45% in the past month. You can receive intraday signals on these stocks by subscribing to our robots. Learn more at AI ROBOTS

Industry description: The alternative power generation industry consists of companies that operate power facilities converting non-conventional forms of energy into electricity. These energy forms are alternatives to fossil fuels, and many of them are derived from natural resources. Alternative energy forms include solar, wind, hydro, and geothermal steam. A major purpose behind using alternative energy – also called 'clean' energy - is to address concerns related to the more conventional fossil fuels, such as the latter's high carbon dioxide emissions which is often considered a factor in global warming. Alternative power generation has been gaining traction in recent years and could grow further in the future. Large organizations like Google have invested substantially in wind and solar energy-powered electricity. Some of the prominent U.S. companies operating in the alternative power generation industry include Ormat Technologies, Inc., TerraForm Power, Inc., and NextEra Energy Partners LP.

Market Cap: The average market capitalization across the Alternative Power Generation Industry is $5.1 billion. The market cap for tickers in the group ranges from $10 to $118.2 billion. REOVF holds the highest valuation in this group at $118.2 billion. The lowest valued company is CDVM at $10.

High and low price notable news: The average weekly price growth across all stocks in the Alternative Power Generation Industry was -1.91%. For the same Industry, the average monthly price growth was 22.82%, and the average quarterly price growth was -4.71%. AZREF experienced the highest price growth at 42.24%, while WNDW experienced the biggest fall at -39.1%.

Volume: The average weekly volume growth across all stocks in the Alternative Power Generation Industry was -5.96%. For the same stocks of the Industry, the average monthly volume growth was -15.85%, and the average quarterly volume growth was -2.54%.

Fundamental Analysis Ratings: The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows:

  • Valuation Rating: 68
  • P/E Growth Rating: 65
  • Price Growth Rating: 56
  • SMR Rating: 76
  • Profit Risk Rating: 85
  • Seasonality Score: 11 (-100 ... +100)

BEP's MACD Histogram crosses above signal line: The Moving Average Convergence Divergence (MACD) for BEP turned positive on October 17, 2023. Looking at past instances where BEP's MACD turned positive, the stock continued to rise in 31 of 41 cases over the following month. The odds of a continued upward trend are 76%.

ORA's Indicator enters downward trend: The Aroon Indicator for ORA entered a downward trend on October 26, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 125 similar instances where the Aroon Indicator formed such a pattern. In 79 of the 125 cases, the stock moved lower. This puts the odds of a downward move at 63%.

AQN's Indicator enters downward trend: The Aroon Indicator for AQN entered a downward trend on October 26, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 141 similar instances where the Aroon Indicator formed such a pattern. In 88 of the 141 cases, the stock moved lower. This puts the odds of a downward move at 62%.

NEP's RSI Indicator ascending out of oversold territory: The RSI Indicator for NEP moved out of oversold territory on October 24, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 32 similar instances when the indicator left oversold territory. In 23 of the 32 cases, the stock moved higher. This puts the odds of a move higher at 72%.

Related Ticker: BEP, ORA, AQN, XIFR, ENLT, AY, ELLO

BEP in upward trend: price rose above 50-day moving average on May 06, 2025

BEP moved above its 50-day moving average on May 06, 2025 date and that indicates a change from a downward trend to an upward trend. In of 40 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on BEP as a result. In of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for BEP just turned positive on April 22, 2025. Looking at past instances where BEP's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for BEP crossed bullishly above the 50-day moving average on May 01, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BEP advanced for three days, in of 311 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 198 cases where BEP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BEP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BEP broke above its upper Bollinger Band on May 13, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.404) is normal, around the industry mean (1.844). P/E Ratio (0.000) is within average values for comparable stocks, (104.447). Projected Growth (PEG Ratio) (3.506) is also within normal values, averaging (2.824). Dividend Yield (0.059) settles around the average of (0.051) among similar stocks. P/S Ratio (1.305) is also within normal values, averaging (22.824).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BEP’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BEP’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

Industry description

The alternative power generation industry consists of companies that operate power facilities converting non-conventional forms of energy into electricity. These energy forms are alternatives to fossil fuels, and many of them are derived from natural resources. Alternative energy forms include solar, wind, hydro, and geothermal steam. A major purpose behind using alternative energy – also called ‘clean’ energy - is to address concerns related to the more conventional fossil fuels, such as the latter’s high carbon dioxide emissions which is often considered a factor in global warming. Alternative power generation has been gaining traction in recent years, and could grow further in the future. Large organizations like Google have invested substantially in wind and solar energy-powered electricity. Some of the prominent U.S. companies operating in the alternative power generation industry includes Ormat Technologies, Inc., TerraForm Power, Inc. and NextEra Energy Partners LP.

Market Cap

The average market capitalization across the Alternative Power Generation Industry is 6.94B. The market cap for tickers in the group ranges from 10 to 118.24B. REOVF holds the highest valuation in this group at 118.24B. The lowest valued company is CDVM at 10.

High and low price notable news

The average weekly price growth across all stocks in the Alternative Power Generation Industry was 2%. For the same Industry, the average monthly price growth was 12%, and the average quarterly price growth was -4%. ADHI experienced the highest price growth at 86%, while BNRG experienced the biggest fall at -41%.

Volume

The average weekly volume growth across all stocks in the Alternative Power Generation Industry was 33%. For the same stocks of the Industry, the average monthly volume growth was 26% and the average quarterly volume growth was 48%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 59
P/E Growth Rating: 61
Price Growth Rating: 55
SMR Rating: 84
Profit Risk Rating: 89
Seasonality Score: 13 (-100 ... +100)
View a ticker or compare two or three
XIFR
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a company which operates, owns and acquires contracted clean energy projects with stable, long-term cash flows

Industry AlternativePowerGeneration

Profile
Fundamentals
Details
Industry
Alternative Power Generation
Address
700 Universe Boulevard
Phone
+1 561 694-4000
Employees
N/A
Web
http://www.nexteraenergypartners.com