BCE INC (BCE) Technical Analysis
NYSE:BCE • CA05534B7604
Current stock price
BCE Technical Rating and Analysis
Taking everything into account, BCE scores 4 out of 10 in our technical rating. BCE has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- BCE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BCE is performing more or less in line with the market.
- BCE has an average volume of 3595850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Looking at the yearly performance, BCE did better than 73% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- BCE is an average performer in the Diversified Telecommunication Services industry, it outperforms 50% of 37 stocks in the same industry.
- In the last month BCE has a been trading in a tight range between 25.16 and 26.52.
BCE Weekly and Daily overview Charts
BCE Setup Rating and Analysis
Although the technical rating is only medium, BCE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 25.22, a Stop Loss order could be placed below this zone.
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BCE Support and Resistance Analysis
21.49
When analyzing the support we can see 5 important areas.
- A support zone ranging from 25.08 to 25.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.73 from a trend line in the weekly time frame.
- A support zone ranging from 22.83 to 23.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.29 from a horizontal line in the daily time frame.
- Support @21.71 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 25.64 to 25.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.31 to 26.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
BCE 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 | UP | POSITIVE | The long term trend for BCE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BCE is down. |
| ChartMill Relative Strength | 73.75 | POSITIVE | BCE has a high relative strength, it outperformed 73.75% 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) | UP | MIXED | The current price of BCE is below 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) | 41 | NEUTRAL | The RSI value for BCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BCE has a negative trend. |
| Stochastics (14,3) | 12.63 | OVERSOLD | The low Stochastics value suggests BCE may be oversold. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for BCE suggests low volalility. |
| Average Directional Index/ADX (14) | 17.25 | NEGATIVE | The low ADX value for BCE suggests a weak or negative trend. |
BCE Chart- and CandleStick Pattern Analysis
BCE Technicals: Chart, Performance Metrics, Trend & Indicators
25.25
-0.22 (-0.86%)
BCE INC / BCE TA FAQ
Can you provide the ChartMill technical rating for BCE INC?
ChartMill assigns a technical rating of 4 / 10 to BCE.
What is the trend direction for BCE stock?
The current trend direction for BCE INC (BCE) is Bullish.
What is the RSI signal for BCE INC (BCE) stock?
BCE INC (BCE) has an RSI value of 40.9974. This indicates that the stock is currently neutral.
What is the MACD signal for BCE stock?
The MACD indicator for BCE INC (BCE) has a value of -0.0985693, indicating a bearish trend.
Can you provide the buy/sell signal for BCE INC?
The buy/sell signal for BCE INC (BCE) is hold as the short term and long term trends are mixed.