Brookfield Infrastructure Partners L.P. (BIP.UN.TO) is emerging as a compelling option for financial advisors seeking defensive, dividend-paying equity positions within today’s volatile market environment. The utilities sector, long regarded as a haven for stability and income, has recently moved into the favored zone at the 7th position in the SIA Sector Report, rising 12 spots in the last quarter. This upward sector momentum may be reflecting a rotation into lower-volatility, yield-oriented companies as investors respond to ongoing macroeconomic uncertainty and stock market volatility. In addition to last week’s Federal Government Budget Announcement, the government plans to increase Infrastructure spending as a priority moving forward to transform Canada into an Energy Superpower. As such, BIP.UN.TO may be regarded as an option for income while participating in an area which may see material growth going forward.
When pairing the SIA Sector Report with the powerful SIA Combined Canadian Dividend Report with an eye peeled for up and coming utility names, Brookfield Infrastructure stands out as a significant relative strength gainer, having climbed 18 positions over the past month and 52 spots in the last quarter. This movement has lifted BIP.UN.TO from the Unfavoured zone into the Neutral zone, highlighting strengthening relative performance compared to its peers. This is particularly meaningful in the context of a market increasingly focused on companies that can combine capital preservation alongside a consistent income stream, where BIP.UN.TO carries an attractive dividend yield of 4.73%.
A technical review of Brookfield Infrastructure’s candlestick chart reveals a positive ascending triangle pattern. An ascending triangle is a bullish chart pattern formed by a horizontal resistance line and a rising trendline of higher lows. This pattern indicates a period of consolidation before a potential upward breakout, suggesting buyers are becoming more aggressive as sellers struggle to hold prices down at the resistance level. You can see the higher lows materializing since October of 2023 at $26, then a higher low at $33 in April of 2024, another higher low in April of 2025 at $37 and finally another most recently at $41 this past August with the horizontal resistance line at approximately $47.50 going back to 2022. Most recently, the shares have broken above this horizontal resistance, and a new uptrend has potentially formed. This is an encouraging early sign. It will be interesting to see going forward, if this positive trend pattern can transcend with some additional follow through strength as BIP.UN.TO is currently at the $50 round number which may act as psychological resistance.
From a point and figure chart perspective, using a 2% scale, BIP.UN.TO bottomed in October of 2023 at $26.69. Since then, for the most part, it has managed to maintain higher lows in April of 2024, July of 2024, April of 2025 and August of this year. The ascending triangle isn’t as clearly visible in a point and figure chart, but the benefit of these charts is to identify more precise support and resistance levels. You can see that the shares did break above the horizontal line of the ascending triangle (which was prior resistance) specifically at $47.39 onto new all-time highs. Currently, next resistance lies at the $50.00 round number. However, if the shares break above this $50 psychological resistance level, next resistance above that is $54.44 based on a measured move. Support levels are clearly defined at $45.55 where a three-box reversal would be triggered, while further support below that is found at $40.45. Importantly, the chart currently displays a bullish Spread Double Top formation, while the SMAX score of 8 reinforces the stock’s growing near-term relative strength against a basket of alternate asset classes.
In terms of rate of return, Brookfield Infrastructure continues to outperform its sector across multiple near-term timeframes. Over the past month, and quarter, BIP.UN.TO has gained 3.82% and 20.76%, respectively, while the utilities sector has posted returns of -1.47%, and 8.57% over the same periods. This consistent outperformance underscores the stock’s strong short-term momentum and improving relative strength within the broader utilities space.
Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry. The company's segments consist of Utilities, Transport, Midstream, and Data. Geographically, it generates maximum revenue from Brazil and also has a presence in Australia, Colombia, United Kingdom, Canada, United States of America, Chile, Peru, India, and other countries. As a note, this asset is also available under the ticker BIPC.TO, which is structured as a corporation rather than a limited partnership. This alternative may be more suitable for cash (non-registered) accounts due to potential tax advantages and simplified reporting.
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