BCE INC (BCE) Stock Technical Analysis
USA - NYSE:BCE - CA05534B7604 - Common Stock
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.
Although the technical rating is bad, BCE does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 23.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.38, a Stop Loss order could be placed below this zone.
More info and screens
21.15
We found 3 important support areas.
- A support zone ranging from 22.21 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 23.00 to 23.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.18 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 | 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 | 26.47 | NEGATIVE | BCE has a low relative strength, it was outperformed by 73.53% 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) | 46.82 | NEUTRAL | The RSI value for BCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BCE has a positive trend. |
| Stochastics (14,3) | 45.68 | NEUTRAL | The Stochastics value for BCE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for BCE suggests some volalility. |
| Average Directional Index/ADX (14) | 11.17 | NEGATIVE | The low ADX value for BCE suggests a weak or negative trend. |
22.95
+0.16 (+0.7%)
BCE INC / BCE FAQ
Can you provide the ChartMill technical rating for BCE INC?
ChartMill assigns a technical rating of 0 / 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 46.8194. This indicates that the stock is currently neutral.
What is the buy/sell signal for BCE INC (BCE) stock?
The buy/sell signal for BCE INC (BCE) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for BCE INC (BCE) stock?
BCE INC (BCE) has a support level at 22.38 and a resistance level at 23. Check the full technical report for our detailed analysis of BCE support and resistance levels.