BCE INC - BCECN 5.08 PERP (BCE-PR-C.CA) Stock Technical Analysis
TSX:BCE-PR-C - Toronto Stock Exchange - CA05534B7869 - Currency: CAD
Taking everything into account, BCE-PR-C scores 7 out of 10 in our technical rating. Although BCE-PR-C is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: BCE-PR-C has an average volume of 6948 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
BCE-PR-C is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BCE-PR-C is lagging the market slightly.
BCE-PR-C is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the performance of all stocks over the past year, BCE-PR-C turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
BCE-PR-C is an average performer in the Diversified Telecommunication Services industry, it outperforms 65% of 30 stocks in the same industry.
BCE-PR-C has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.62, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.68
18.18
2 important support areas can be observed.
- A support zone ranging from 17.12 to 17.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.84 to 16.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.72 to 18.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.49
Mansfield-0.51
10 Day High17.81
10 Day Low17.61
20 Day High18.08
20 Day Low17.03
52 Week High18.08
52 Week Low15.84
Performance
1 Week0.11%
2 Weeks0.17%
1 Month-0.51%
3 Month10.49%
6 Month0.4%
12 Month2.97%
2 Year-4.17%
3 Year-16.4%
5 Year12.6%
10 Year-7.38%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)54.14
LBB17.58
UBB17.8
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.73 | 17.60 | 0.13 (0.74%) | 25.00% |
| An entry @17.73. This is a Buy Stop order right above the 10 day moving average. | An exit @17.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.13 points, which is 0.74%. | For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BCE-PR-C. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:BCE-PR-C (2/21/2025, 7:00:00 PM)
17.69
-0.01 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-0.06%
1 Week0.11%
2 Weeks0.17%
1 Month-0.51%
3 Month10.49%
6 Month0.4%
12 Month2.97%
2 Year-4.17%
3 Year-16.4%
5 Year12.6%
10 Year-7.38%
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.99%
ATR Inc-70.21%
Range Today0
ADR(20)0.15
ADR(20)%0.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.49
Mansfield-0.51
10 Day High17.81
10 Day Low17.61
20 Day High18.08
20 Day Low17.03
52 Week High18.08
52 Week Low15.84
CS1 End17.62
CR1 Start17.72
Volume & EV
DER(3)-34.61%
DER(5)-19.93%
Volume100
Volume Incr-73.37%
Vol(5)1.98K
Vol(50)6.95K