BELDEN INC (BDC) Stock Technical Analysis
NYSE:BDC - US0774541066 - Common Stock
131.12 USD
+6.94 (+5.59%)
131.12 USD
0 (0%)
Overall BDC gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BDC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
BDC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BDC has a been trading in the 114.61 - 132.99 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BDC is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
BDC is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, BDC did better than 60% of them.
Although BDC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
89.98
132.75
5 important support areas can be observed.
- A support zone ranging from 119.70 to 120.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @117.63 from a horizontal line in the weekly time frame.
- Support @115.58 from a horizontal line in the daily time frame.
- Support @95.68 from a trend line in the weekly time frame.
- A support zone ranging from 90.89 to 91.87. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 131.13 to 131.44. 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 | UP | POSITIVE | The long term trend for BDC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BDC is up. |
| ChartMill Relative Strength | 82.64 | POSITIVE | BDC has a high relative strength, it outperformed 82.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BDC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BDC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BDC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.68 | NEUTRAL | The RSI value for BDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests BDC has a positive trend. |
| Stochastics (14,3) | 77.56 | NEUTRAL | The Stochastics value for BDC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for BDC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.4 | NEUTRAL | The ADX value for BDC suggests a possible start of a new 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)
131.12
+6.94 (+5.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg5.59%
1 Week5.63%
2 Weeks10.29%
1 Month1.99%
3 Month23.51%
6 Month17.56%
12 Month22.9%
2 Year39.64%
3 Year100.24%
5 Year289.31%
10 Year160.21%
15 Year498.72%
Volatility
ATR(14)3.54
ATR(20)%2.94%
ATR Inc44.18%
Range Today7.1
ADR(20)3.55
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.64
Mansfield0.57
10 Day High132.53
10 Day Low117.98
20 Day High132.99
20 Day Low114.61
52 Week High132.99
52 Week Low83.18
CS1 End120.98
CR1 Start131.13
Volume & EV
DER(3)-3.09%
DER(5)-1.88%
Volume315.20K
Volume Incr-15.56%
Vol(5)263.54K
Vol(50)301.90K