BIP-UN.TO
Brookfield Infra. Partners
$52.45
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
CFL constituent · entry card
APPENDIX · BIP-UN.TO · TECHNICAL TRADING SCORECARD
Scores · Trend 30.5
| RS vs TSX (20) + sector (10) | 2.0 + 2.3 = 4.3 / 30 |
| Structure (6 checks) | 14 / 30 |
| Score = (RS + structure) × 100/60 | 30.5 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Down |
| Confirmation (2 consecutive Fridays) | confirmed Down |
| Trend (confirmed) | Down |
✖ Fri close above 40-wk SMA 0/6 · ✔ 40-wk SMA rising (4 wks) 4/4 · ✖ No lower high vs cycle high 0/5 · ✖ Fri close above 20-wk SMA 0/5 · ✔ Fri close above 200-wk (4-yr) SMA 5/5 · ✔ 4-mo SMA > 13-mo SMA (completed months, to Sep) 5/5
Weekly raw states: 09-25 Down → 10-02 Up → 10-09 Up → 10-16 Neutral → 10-23 Down → 10-30 Down. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 68.0
| RS (S&P 20 + sector 10) | 20.0 + 0.0 / 30 |
| Structure | 13 / 25 |
| Coppock (daily) — oversold & turning up (with structure) | 18.8 / 25 |
| Band position | 16.2 / 20 |
| Raw | 68.0 (Early Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 68.0 Early Up |
| ✔ Close above 50-day SMA 5/5 · ✖ 50-day SMA rising (10 d) 0/3 · ✖ Close above 100-day SMA 0/4 · ✔ Close above 200-day SMA 5/5 · ✔ 200-day SMA rising (20 d) 3/3 · ✖ No daily lower high (last two swing highs) 0/5 |
Relative state (weekly RS vs 16-wk SMA + 2-wk slope; daily RS vs 15-d SMA + 3-d slope; Neutral ±0.25%; phase price = next Fri / next close, benchmark flat)
| Horizon · benchmark | State | RS vs SMA | RS chg | Phase-transition price (BIP-UN.TO close needed) |
|---|
| Trend · TSX | 5 Established Down (+) → | -1.00% | +0.16% | Est. Up ≥ 57.10 (+8.9%) · Early Up ≥ 52.75 · Est. Down < 52.47 |
| Trend · ZUT.TO | 4 Early Down (−) → | -2.16% | -2.26% | Est. Up ≥ 53.62 (+2.2%) · Est. Down < 51.39 |
| Trading · TSX | 1 Established Up (+) ↑ | +1.92% | +2.37% | Est. Up ≥ 51.59 (-1.6%) · Est. Down < 50.15 |
| Trading · ZUT.TO | 5 Established Down (−) → | -1.82% | -1.22% | Est. Up ≥ 55.94 (+6.7%) · Early Up ≥ 53.54 · Est. Down < 53.25 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 52.45)
| Band | Range | Distance | Tools in the cluster |
|---|
| R2 | 55.18–55.29 | +5.2% to +5.4% | wk high 03-06 55.18 · wk high 05-22 55.29 |
| R1 | 52.94–53.99 | +0.9% to +2.9% | wk low 08-14 52.94 · wk high 10-09 53.63 · 50% 53.72 · wk high 02-13 53.99 |
| S1 | 51.00–52.30 | -0.3% to -2.8% | 40-wk SMA 52.30 · 200-day SMA 52.05 · 61.8% 51.86 · wk low 02-20 51.56 · wk high 04-17 51.36 · wk low 07-03 51.00 |
| S2 | 49.56–50.72 | -3.3% to -5.5% | wk low 10-16 50.72 · wk high ’25-11-14 50.60 · wk high 2024-11-01 50.46 · wk high 2024-10-18 50.37 · wk high 2024-11-29 50.07 · wk high ’25-10-17 49.58 · wk low 09-04 49.56 |
| S3 | 47.95–49.14 | -6.3% to -8.6% | wk high 01-16 49.14 · wk high ’25-01-31 48.88 · wk low ’25-11-21 48.60 · wk low 09-25 48.52 · wk low 03-27 48.02 · wk high 2024-10-04 47.95 |
| ATH | 61.60 | +17.4% | all-time high; Profit-Taking fallback when no 2-tool band sits above the Breakout (extensions no longer used) |
Coppock, breadth and RS (reference only; not in the Trend score)
Stops & phase transitions
- Tier 1 (trading stop): daily close < 51.00 (-2.8%): trading downgrades one state, re-anchor to S2 49.56–50.72.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 49.56 (-5.5%): trend downgrades one state, re-anchor to S3 47.95–49.14.
- Trend vs TSX: Est. Up ≥ 57.10 (+8.9%) · above its 16-wk avg ≥ 52.75 · Est. Down < 52.47 (+0.0%) (next Friday, benchmark flat).
- Trading vs TSX: Est. Up ≥ 51.59 · Est. Down < 50.15.
Sluymer context
- Not named in the 15 reports reviewed (Aug 18 – Oct 13, 2026).
Notes & caveats
PAG Canadian Focus List holding, entry card (treated like the US Watchlist). Holdings: issuer file as of 2026-09-01 (RBC PAG "Canadian Equity Grid Fall 2026" (September 2026 – November 2026; canadian_grid_en.pdf; Focus List names and Alternatives by recommended position size), Gmail (sc.assistant80@gmail.com), "USFL and CFL equity grids" from stephen.k.chang@rbc.com, Oct 21, 2026 3:20 PM PT; Focus List weights from the Sep 1, 2026 Canadian Focus List Quarterly report (unchanged)); List weight 5.00%. Benchmarks: S&P/TSX Composite (20 pts) and ZUT.TO (10 pts). Trading items and bands use the Tue, Nov 3, 2026 close; trend uses the Fri, Oct 30 week. Entry levels: Buy Zone = breakout retest zone (BUY names only: from the broken level down to the floor of the resistance band it came from, or level −2%, whichever is tighter; a weekly close below = failed breakout); Breakout Buy Level = top of R1; Trend Breakdown (invalidation) = S2 floor on a Friday close; Profit-Taking = next resistance band above the breakout. Verdict: AVOID = Trend Down (confirmed on two Fridays) or Friday close below a falling 40-wk SMA; BUY = a weekly close above a Breakout Buy Level fixed from the prior week's data with ≥2 tools within 3% (most recent such breakout in the last 4 weeks), every Friday close since and the latest close still at or above it, and Trend not Down; WAIT = otherwise. Buy Zone is reference only. Coppock = 10-bar WMA of ROC(14)+ROC(11), standard settings used as a placeholder because his are unpublished; DAS is omitted. Zone = sign + 3-yr percentile; direction = 2 bars. SMAs are simple; swings are 5-bar extremes; the channel is a 2-yr log regression ±2σ. The breadth proxy is the % of 500 current S&P 500 members with a rising weekly Coppock; it has survivorship bias, is a regime input only, and no other stock was scored. Weights are our choices (playbook §10); the state rule matched 86% / 83% of his sector states in-sample. Data: Yahoo Finance (unadjusted); weight from the Portfolio Dashboard (PIM 11/2 EOD, read-only).
