BELDEN INC (BDC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BDC - US0774541066 - Common Stock
Overall BDC gets a technical rating of 2 out of 10. 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.
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 upside lately. For a nice entry it is better to wait for a consolidation.
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89.98
When analyzing the support we can see 5 important areas.
- Support @109.78 from a horizontal line in the weekly time frame.
- A support zone ranging from 106.34 to 107.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @104.64 from a horizontal line in the daily time frame.
- Support @94.01 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 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 | 32.59 | 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 | MIXED | The current price of BDC is above a declining 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) | 62.62 | NEUTRAL | The RSI value for BDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.16 | POSITIVE | The MACD value suggests BDC has a positive trend. |
| Stochastics (14,3) | 84 | OVERBOUGHT | The high Stochastics value suggests BDC may be overbought. |
| 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) | 21.25 | NEUTRAL | The ADX value for BDC suggests a possible start of a new trend. |
120.56
+0.46 (+0.38%)
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 62.6237. 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 1.15675, indicating a bullish trend.
What are the support and resistance levels for BELDEN INC (BDC) stock?
BELDEN INC (BDC) has a support level at 109.78 and a resistance level at 130.81. Check the full technical report for our detailed analysis of BDC support and resistance levels.