BCE Technical Analysis - BCE INC

Technical Rating and Analysis

Taking everything into account, BCE scores 4 out of 10 in our technical rating. In the last year, BCE was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

82% of all other stocks performed better in the past year than BCE.

BCE is one of the lesser performing stocks in the Diversified Telecommunication Services industry. 65% of 36 stocks in the same industry do better.

BCE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month BCE has a been trading in the 22.48 - 24.59 range, which is quite wide. It is currently trading near the high of this range.

BCE has an average volume of 3283200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

BCE has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

21.15

26.00

2 important support areas can be observed.

A support zone ranging from 23.12 to 24.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @21.36 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

A resistance zone ranging from 25.18 to 25.74. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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	NEUTRAL	NEUTRAL	The long term trend for BCE is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for BCE is neutral.
ChartMill Relative Strength	18.18	NEGATIVE	BCE has a low relative strength, it was outperformed by 81.82% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of BCE is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of BCE is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of BCE is above the rising SMA(200).
Relative Strength Index/RSI (14)	58.78	NEUTRAL	The RSI value for BCE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.12	POSITIVE	The MACD value suggests BCE has a positive trend.
Stochastics (14,3)	65.87	NEUTRAL	The Stochastics value for BCE is a neutral value.
Average True Range in percent/ATR (20)	2.11	MEDIUM VOLATILITY	The ATR as a percentage value for BCE suggests some volalility.
Average Directional Index/ADX (14)	19.31	NEGATIVE	The low ADX value for BCE suggests a weak or negative trend.