BELDEN INC (BDC) Technical Analysis
NYSE:BDC • US0774541066
Current stock price
BDC Technical Rating and Analysis
Overall BDC gets a technical rating of 1 out of 10. 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.
- In the last month BDC has a been trading in the 113.49 - 152.90 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, BDC outperforms 53% of them, which is more or less in line with the market.
- BDC is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, BDC did better than 45% of them.
- 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
The technical rating of BDC is bad and it also does not present a quality setup 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.
More info and screens
BDC Support and Resistance Analysis
89.98
4 important support areas can be observed.
- Support @109.78 from a horizontal line in the weekly time frame.
- A support zone ranging from 106.34 to 107.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @96.00 from a trend line in the weekly time frame.
- Support @90.89 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 125.47 to 128.40. 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 | NEUTRAL | NEUTRAL | The long term trend for BDC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BDC is down. |
| ChartMill Relative Strength | 53.65 | 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) | DOWN | NEGATIVE | The current price of BDC is below a declining 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) | 29.29 | OVERSOLD | The low RSI value suggests BDC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.68 | NEGATIVE | The MACD value suggests BDC has a negative trend. |
| Stochastics (14,3) | 8.25 | OVERSOLD | The low Stochastics value suggests BDC may be oversold. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for BDC suggests some volalility. |
| Average Directional Index/ADX (14) | 37.56 | 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
114.53
-2.15 (-1.84%)
BELDEN INC / BDC TA FAQ
What is the technical rating for BDC stock?
ChartMill assigns a technical rating of 1 / 10 to BDC.
What is the current trend direction of BELDEN INC (BDC) stock?
The current trend direction for BELDEN INC (BDC) is Bearish.
What is the RSI signal for BELDEN INC (BDC) stock?
BELDEN INC (BDC) has an RSI value of 29.2938. This indicates that the stock is currently oversold.
What is the MACD signal for BDC stock?
The MACD indicator for BELDEN INC (BDC) has a value of -3.68018, indicating a bearish trend.
Can you provide the support and resistance levels for BELDEN INC?
BELDEN INC (BDC) has a support level at 109.78 and a resistance level at 125.47. Check the full technical report for our detailed analysis of BDC support and resistance levels.