BCE INC (BCE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BCE - CA05534B7604 - Common Stock
23.4 USD
+0.21 (+0.91%)
23.41 USD
+0.01 (+0.04%)
Overall BCE gets a technical rating of 2 out of 10. BCE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
73% of all other stocks performed better in the past year than BCE.
In the last month BCE has a been trading in the 22.36 - 23.92 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
BCE has an average volume of 3218570 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.
BCE is an average performer in the Diversified Telecommunication Services industry, it outperforms 56% of 38 stocks in the same industry.
BCE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BCE is lagging the market.
BCE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 23.34, a Stop Loss order could be placed below this zone.
More info and screens
21.15
26.00
4 important support areas can be observed.
- A support zone ranging from 23.02 to 23.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.33 to 22.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @21.78 from a horizontal line in the daily time frame.
- Support @21.36 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 23.41 to 23.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.26 from a horizontal line in the daily time frame.
- A resistance zone ranging from 25.61 to 25.74. 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 | 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 | 27.54 | NEGATIVE | BCE has a low relative strength, it was outperformed by 72.46% 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) | DOWN | MIXED | The current price of BCE is above a declining 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) | 53.14 | NEUTRAL | The RSI value for BCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BCE has a positive trend. |
| Stochastics (14,3) | 48.11 | NEUTRAL | The Stochastics value for BCE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for BCE suggests low volalility. |
| Average Directional Index/ADX (14) | 19.25 | 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)
23.4
+0.21 (+0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.91%
1 Week0.78%
2 Weeks0.86%
1 Month2.77%
3 Month-3.15%
6 Month2.63%
12 Month-8.31%
2 Year-40.58%
3 Year-46.76%
5 Year-45.33%
10 Year-39.41%
15 Year-34.01%
Volatility
ATR(14)0.43
ATR(20)%1.85%
ATR Inc7.55%
Range Today0.48
ADR(20)0.41
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.54
3 months CRS31.37
6 months CRS39.99
Mansfield-1.03
10 Day High23.92
10 Day Low23.05
20 Day High23.92
20 Day Low22.36
52 Week High26.02
52 Week Low20.28
CS1 End23.34
CR1 Start23.41
Volume & EV
DER(3)0.32%
DER(5)1.73%
Volume3.41M
Volume Incr-5.84%
Vol(5)2.87M
Vol(50)3.22M
BCE INC / BCE FAQ
Can you provide the ChartMill technical rating for BCE INC?
ChartMill assigns a technical rating of 2 / 10 to BCE.
What is the current trend direction of BCE INC (BCE) stock?
The current trend direction for BCE INC (BCE) is Bearish.
What is the RSI signal for BCE INC (BCE) stock?
BCE INC (BCE) has an RSI value of 53.1447. This indicates that the stock is currently neutral.
What are the support and resistance levels for BCE INC (BCE) stock?
BCE INC (BCE) has a support level at 23.34 and a resistance level at 23.41. Check the full technical report for our detailed analysis of BCE support and resistance levels.