BELDEN INC (BDC) Technical Analysis
NYSE:BDC • US0774541066
Current stock price
112.48 USD
-15.02 (-11.78%)
At close:
113.58 USD
+1.1 (+0.98%)
Pre-Market:
BDC Technical Rating and Analysis
Overall BDC gets a technical rating of 2 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.
- BDC is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 60% of 124 stocks in the same industry do better.
- In the last month BDC has a been trading in the 110.55 - 136.72 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, BDC outperforms 42% of them, which is more or less in line with the market.
- BDC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BDC is lagging the market.
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. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
BDC Support and Resistance Analysis
89.98
134.35
We found 2 important support areas.
- A support zone ranging from 110.61 to 112.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @90.89 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 112.49 to 113.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 126.48 to 129.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @133.02 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for BDC is neutral. |
| ChartMill Relative Strength | 42.36 | 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) | DOWN | NEGATIVE | The current price of BDC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.7 | NEUTRAL | The RSI value for BDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.08 | NEGATIVE | The MACD value suggests BDC has a negative trend. |
| Stochastics (14,3) | 21.64 | NEUTRAL | The Stochastics value for BDC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for BDC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.17 | NEUTRAL | The ADX value for BDC suggests a possible start of a new trend. |
BDC Chart- and CandleStick Pattern Analysis
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)
BDC Technicals: Chart, Performance Metrics, Trend & Indicators
112.48
-15.02 (-11.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-11.78%
1 Week-15.01%
2 Weeks-10.99%
1 Month-3.54%
3 Month-4.28%
6 Month-7.69%
12 Month7.37%
2 Year38.4%
3 Year42.58%
5 Year159.89%
10 Year78.14%
15 Year195.77%
Volatility
ATR(14)5.27
ATR(20)%4.54%
ATR Inc167.27%
Range Today18.86
ADR(20)4.56
ADR(20)%4.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.36
3 months CRS29.83
6 months CRS28.12
Mansfield-1.49
10 Day High136.72
10 Day Low110.55
20 Day High136.72
20 Day Low110.55
52 Week High159.99
52 Week Low102.49
CS1 End112.37
CR1 Start112.49
Volume & EV
DER(3)-2.98%
DER(5)-2.69%
Volume1.23M
Volume Incr90.41%
Vol(5)573.84K
Vol(50)356.41K
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 32.701. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for BELDEN INC?
BELDEN INC (BDC) has a support level at 112.37 and a resistance level at 112.49. Check the full technical report for our detailed analysis of BDC support and resistance levels.