BCE INC - BCECN 2.939 PERP (BCE-PR-M.CA) Stock Technical Analysis
TSX:BCE-PR-M - Toronto Stock Exchange - CA05534B6465 - Currency: CAD
Overall BCE-PR-M gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BCE-PR-M is only an average performer.
Warning: BCE-PR-M has an average volume of 6410 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
BCE-PR-M is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 75% of 30 stocks in the same industry.
BCE-PR-M is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BCE-PR-M is leading the market.
BCE-PR-M is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, BCE-PR-M outperforms 66% of them, which is more or less in line with the market.
BCE-PR-M has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.62. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.50
17.93
When analyzing the support we can see 5 important areas.
- A support zone ranging from 16.67 to 17.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.57 from a trend line in the weekly time frame.
- Support @15.28 from a horizontal line in the daily time frame.
- A support zone ranging from 14.90 to 15.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.65 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.62 to 17.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BCE-PR-M.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCE-PR-M.CA is up. |
| ChartMill Relative Strength | 66.28 | NEUTRAL | BCE-PR-M.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCE-PR-M.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCE-PR-M.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BCE-PR-M.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.84 | NEUTRAL | The RSI value for BCE-PR-M.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests BCE-PR-M.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.75 | OVERBOUGHT | The high Stochastics value suggests BCE-PR-M.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for BCE-PR-M.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.39 | NEUTRAL | The ADX value for BCE-PR-M.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.76 | 16.73 | 1.03 (5.80%) | 17.24% |
| An entry @17.76. This is a Buy Stop order right above the resistance zone. | An exit @16.73. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.03 points, which is 5.80%. | When investing 17.24% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:BCE-PR-M (5/22/2025, 7:00:00 PM)
17.61
-0.02 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-0.11%
1 Week0%
2 Weeks5.32%
1 Month11.1%
3 Month3.47%
6 Month14.43%
12 Month9.04%
2 Year27.52%
3 Year2.09%
5 Year55.84%
10 Year-8.61%
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%1.13%
ATR Inc-14.57%
Range Today0.15
ADR(20)0.12
ADR(20)%0.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.28
Mansfield0.64
10 Day High17.75
10 Day Low16.74
20 Day High17.75
20 Day Low15.72
52 Week High17.75
52 Week Low14.5
CS1 End17
CR1 Start17.62
Volume & EV
DER(3)-27.8%
DER(5)-27%
Volume1.85K
Volume Incr364.41%
Vol(5)20.83K
Vol(50)6.41K