BELDEN INC (BDC) Stock Technical Analysis
USA - NYSE:BDC - US0774541066 - Common Stock
Taking everything into account, BDC scores 2 out of 10 in our technical rating. BDC 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, BDC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 113.15, a Stop Loss order could be placed below this zone.
More info and screens
89.98
5 important support areas can be observed.
- A support zone ranging from 112.85 to 113.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 109.78 to 109.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @107.41 from a horizontal line in the daily time frame.
- Support @93.44 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 2 important areas.
- A resistance zone ranging from 120.25 to 122.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 130.81 to 133.50. 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 | 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 | 36.07 | NEUTRAL | BDC is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of BDC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BDC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.23 | NEUTRAL | The RSI value for BDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests BDC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.68 | NEUTRAL | The Stochastics value for BDC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for BDC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.45 | NEUTRAL | The ADX value for BDC suggests a possible start of a new trend. |
119.84
-0.44 (-0.37%)
BELDEN INC / BDC FAQ
What is the technical rating for BDC stock?
ChartMill assigns a technical rating of 2 / 10 to BDC.
What is the trend direction for 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 52.2302. This indicates that the stock is currently neutral.
What is the MACD signal for BELDEN INC (BDC) stock?
The MACD indicator for BELDEN INC (BDC) has a value of 0.6776, indicating a bearish trend.
What are the support and resistance levels for BELDEN INC (BDC) stock?
BELDEN INC (BDC) has a support level at 113.15 and a resistance level at 120.25. Check the full technical report for our detailed analysis of BDC support and resistance levels.