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BCE INC - BCECN 6.538 PERP (BCE-PR-Q.CA) Stock Technical Analysis

TSX:BCE-PR-Q - Toronto Stock Exchange - CA05534B5962 - Currency: CAD

23.28  +0.03 (+0.13%)

Technical Rating and Analysis

7

Taking everything into account, BCE-PR-Q scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BCE-PR-Q is only an average performer.

Warning: BCE-PR-Q has an average volume of 9862 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-Q is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, BCE-PR-Q outperforms 45% of them, which is more or less in line with the market.
BCE-PR-Q is part of the Diversified Telecommunication Services industry. There are 30 other stocks in this industry, BCE-PR-Q did better than 48% of them.
In the last month BCE-PR-Q has a been trading in a tight range between 22.85 and 23.55.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BCE INC - BCECN 6.538 PERP / BCE-PR-Q Weekly stock chart
BCE INC - BCECN 6.538 PERP / BCE-PR-Q Daily stock chart
Setup Rating and Analysis

8

BCE-PR-Q has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 23.20, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • 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.
Support and Resistance Analysis

21.00

23.79

We found 3 important support areas.

  • A support zone ranging from 22.10 to 23.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @21.75 from a horizontal line in the weekly time frame.
  • Support @21.21 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 23.32 to 23.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.74
Mansfield-0.39
10 Day High23.55
10 Day Low23
20 Day High23.55
20 Day Low22.85
52 Week High23.55
52 Week Low20.8
Performance
1 Week0.34%
2 Weeks0.82%
1 Month0.78%
3 Month3.6%
6 Month3.79%
12 Month4.11%
2 Year12.46%
3 Year-2.23%
5 Year28.98%
10 Year-3%
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)-0.01
RSI(14)54.99
LBB22.99
UBB23.54
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
23.5622.990.57 (2.42%)25.00%
An entry @23.56. This is a Buy Stop order right above the resistance zone.An exit @22.99. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.57 points, which is 2.42%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.60%.

  • 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.
BCE INC - BCECN 6.538 PERP / BCE-PR-Q Daily stock chart

BCE INC - BCECN 6.538 PERP

TSX:BCE-PR-Q (2/21/2025, 7:00:00 PM)

23.28

+0.03 (+0.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.13%
1 Week0.34%
2 Weeks0.82%
1 Month0.78%
3 Month3.6%
6 Month3.79%
12 Month4.11%
2 Year12.46%
3 Year-2.23%
5 Year28.98%
10 Year-3%
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.85%
ATR Inc2.94%
Range Today0.12
ADR(20)0.18
ADR(20)%0.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.74
Mansfield-0.39
10 Day High23.55
10 Day Low23
20 Day High23.55
20 Day Low22.85
52 Week High23.55
52 Week Low20.8
CS1 End23.2
CR1 Start23.32
Volume & EV
DER(3)-3.16%
DER(5)-2.45%
Volume17.60K
Volume Incr-25.58%
Vol(5)5.07K
Vol(50)9.86K