BCE INC (BCE) Stock Technical Analysis
NYSE:BCE - New York Stock Exchange, Inc. - CA05534B7604 - Common Stock - Currency: USD
Overall BCE gets a technical rating of 0 out of 10. BCE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BCE is a bad performer in the overall market: 83% of all stocks are doing better.
BCE is one of the lesser performing stocks in the Diversified Telecommunication Services industry. 62% of 33 stocks in the same industry do better.
BCE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BCE is lagging the market.
In the last month BCE has a been trading in the 21.04 - 23.07 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
BCE has an average volume of 3423030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, BCE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
20.66
29.39
We found 2 important support areas.
- Support @21.36 from a horizontal line in the weekly time frame.
- A support zone ranging from 20.87 to 20.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 21.67 to 22.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.16 to 23.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @29.10 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for BCE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BCE is down. |
| ChartMill Relative Strength | 17.81 | NEGATIVE | BCE has a low relative strength, it was outperformed by 82.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BCE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BCE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BCE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.81 | NEUTRAL | The RSI value for BCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BCE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.17 | NEUTRAL | The Stochastics value for BCE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for BCE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.87 | NEGATIVE | The low ADX value for BCE suggests a weak or negative 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)
21.53
+0.06 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.28%
1 Week-0.14%
2 Weeks-5.2%
1 Month-0.55%
3 Month-10.18%
6 Month-19.57%
12 Month-35.87%
2 Year-52.26%
3 Year-60.46%
5 Year-48.08%
10 Year-50.83%
15 Year-26.29%
Volatility
ATR(14)0.59
ATR(20)%2.7%
ATR Inc-44.74%
Range Today0.27
ADR(20)0.58
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.81
Mansfield-2.51
10 Day High22.71
10 Day Low21.2
20 Day High23.07
20 Day Low21.04
52 Week High36.17
52 Week Low20.28
CS1 End21.36
CR1 Start21.67
Volume & EV
DER(3)0.48%
DER(5)0.78%
Volume1.98M
Volume Incr-34.96%
Vol(5)2.33M
Vol(50)3.42M