BDC Technical Analysis - BELDEN INC

Technical Rating and Analysis

Overall BDC gets a technical rating of 0 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.

When comparing the yearly performance of all stocks, BDC is a bad performer in the overall market: 76% of all stocks are doing better.

BDC is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 68% of 124 stocks in the same industry do better.

In the last month BDC has a been trading in the 114.56 - 133.77 range, which is quite wide. It is currently trading near the lows of this range.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

BDC has a poor technical rating and the quality of the setup is also not perfect 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

89.98

132.82

3 important support areas can be observed.

A support zone ranging from 115.40 to 115.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @92.87 from a trend line in the weekly time frame.
Support @90.89 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

A resistance zone ranging from 130.81 to 131.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	DOWN	NEGATIVE	The short term trend for BDC is down.
ChartMill Relative Strength	24.08	NEGATIVE	BDC has a low relative strength, it was outperformed by 75.92% 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)	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)	30.43	NEUTRAL	The RSI value for BDC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-1.43	NEGATIVE	The MACD value suggests BDC has a negative trend, although the MACD value is rising.
Stochastics (14,3)	6.24	OVERSOLD	The low Stochastics value suggests BDC may be oversold.
Average True Range in percent/ATR (20)	2.86	MEDIUM VOLATILITY	The ATR as a percentage value for BDC suggests some volalility.
Average Directional Index/ADX (14)	25.41	POSITIVE	The high ADX value value for BDC suggests a strong trend.