BELDEN INC (BDC) Stock Technical Analysis
NYSE:BDC - New York Stock Exchange, Inc. - US0774541066 - Common Stock - Currency: USD
Taking everything into account, BDC scores 4 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 short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that BDC is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
BDC is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 54% of 125 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.
In the last month BDC has a been trading in the 103.57 - 113.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BDC has an average technical rating and the quality of the presented setup is also not ideal 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
89.98
116.28
When analyzing the support we can see 3 important areas.
- A support zone ranging from 103.72 to 106.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @92.36 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 109.30 to 115.13. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 73.28 | POSITIVE | BDC has a high relative strength, it outperformed 73.28% off all stocks 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 | POSITIVE | The current price of BDC is above 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) | 47.91 | NEUTRAL | The RSI value for BDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests BDC has a negative trend. |
| Stochastics (14,3) | 63.64 | NEUTRAL | The Stochastics value for BDC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for BDC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.93 | NEGATIVE | The low ADX value for BDC suggests a weak or negative 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)
107.41
-3.36 (-3.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-3.03%
1 Week-3.07%
2 Weeks1.14%
1 Month-4.02%
3 Month5.95%
6 Month-11.23%
12 Month13.41%
2 Year12.29%
3 Year101.63%
5 Year229.99%
10 Year32.23%
15 Year388.23%
Volatility
ATR(14)2.77
ATR(20)%2.38%
ATR Inc25.18%
Range Today2.89
ADR(20)2.24
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.28
Mansfield-0.46
10 Day High113.36
10 Day Low103.57
20 Day High113.36
20 Day Low103.57
52 Week High131.82
52 Week Low83.18
CS1 End106.16
CR1 Start109.3
Volume & EV
DER(3)5.15%
DER(5)3.72%
Volume253.90K
Volume Incr22.79%
Vol(5)242.28K
Vol(50)255.45K