BELDEN INC (BDC) Technical Analysis
NYSE:BDC • US0774541066
Current stock price
BDC Technical Rating and Analysis
Taking everything into account, BDC scores 2 out of 10 in our technical rating. BDC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month BDC has a been trading in the 109.73 - 136.46 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the performance of all stocks over the past year, BDC turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- BDC is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 52% of 124 stocks in the same industry.
- BDC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BDC is lagging the market slightly.
BDC Weekly and Daily overview Charts
BDC Setup Rating and Analysis
Although the technical rating is bad, BDC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for BDC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
BDC Support and Resistance Analysis
89.98
When analyzing the support we can see 2 important areas.
- Support @112.37 from a horizontal line in the weekly time frame.
- Support @90.89 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 116.62 to 119.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BDC 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 | DOWN | NEGATIVE | The long term trend for BDC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BDC is down. |
| ChartMill Relative Strength | 67.78 | NEUTRAL | BDC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BDC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BDC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BDC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43 | NEUTRAL | The RSI value for BDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests BDC has a positive trend. |
| Stochastics (14,3) | 34.73 | NEUTRAL | The Stochastics value for BDC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.43 | MEDIUM VOLATILITY | The ATR as a percentage value for BDC suggests some volalility. |
| Average Directional Index/ADX (14) | 33.24 | POSITIVE | The high ADX value value for BDC suggests a strong trend. |
BDC Chart- and CandleStick Pattern Analysis
BDC Technicals: Chart, Performance Metrics, Trend & Indicators
116.61
+1.78 (+1.55%)
BELDEN INC / BDC TA FAQ
What is the technical rating for BDC stock?
ChartMill assigns a technical rating of 2 / 10 to BDC.
What is the current trend direction of BELDEN INC (BDC) stock?
The current trend direction for BELDEN INC (BDC) is Bearish.
Can you provide the RSI signal for BELDEN INC?
BELDEN INC (BDC) has an RSI value of 43.0023. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for BELDEN INC?
The buy/sell signal for BELDEN INC (BDC) is sell as both the short term and long term trends are negative.
What is the support and resistance level for BDC stock?
BELDEN INC (BDC) has a support level at 112.37 and a resistance level at 116.62. Check the full technical report for our detailed analysis of BDC support and resistance levels.