BCE INC - BCECN 5.2 PERP (BCE-PR-Y.CA) Stock Technical Analysis
TSX:BCE-PR-Y - Toronto Stock Exchange - CA05534B8511 - Currency: CAD
Taking everything into account, BCE-PR-Y scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BCE-PR-Y is a bad performer.
When comparing the yearly performance of all stocks, BCE-PR-Y is a bad performer in the overall market: 66% of all stocks are doing better.
BCE-PR-Y is one of the lesser performing stocks in the Diversified Telecommunication Services industry. 68% of 30 stocks in the same industry do better.
Warning: BCE-PR-Y has an average volume of 8464 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
BCE-PR-Y 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.
BCE-PR-Y 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.
In the last month BCE-PR-Y has a been trading in a tight range between 17.04 and 17.48.
BCE-PR-Y has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.19, 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.
More info and screens
15.54
19.14
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.65 to 17.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.70 to 15.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 17.21 to 17.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.36 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 18.80 to 18.95. This zone is formed by a combination of multiple trend lines 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
CRS34.87
Mansfield-0.74
10 Day High17.29
10 Day Low17.04
20 Day High17.48
20 Day Low17.04
52 Week High18.7
52 Week Low0
Performance
1 Week0.06%
2 Weeks0%
1 Month-0.81%
3 Month8.58%
6 Month-0.86%
12 Month-7.42%
2 Year-8.02%
3 Year-15.64%
5 Year20.94%
10 Year-8.51%
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)-0.05
RSI(14)61.19
LBB17.09
UBB17.37
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 |
|---|---|---|---|
| 17.30 | 17.03 | 0.27 (1.56%) | 25.00% |
| An entry @17.30. This is a Buy Stop order right above the 10 day high. | An exit @17.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.27 points, which is 1.56%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.39%. |
- 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-Y (2/21/2025, 7:00:00 PM)
17.21
+0.01 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.06%
1 Week0.06%
2 Weeks0%
1 Month-0.81%
3 Month8.58%
6 Month-0.86%
12 Month-7.42%
2 Year-8.02%
3 Year-15.64%
5 Year20.94%
10 Year-8.51%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.53%
ATR Inc-53.33%
Range Today0.07
ADR(20)0.08
ADR(20)%0.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.87
Mansfield-0.74
10 Day High17.29
10 Day Low17.04
20 Day High17.48
20 Day Low17.04
52 Week High18.7
52 Week Low0
CS1 End17.19
CR1 Start17.21
Volume & EV
DER(3)0%
DER(5)-0.27%
Volume8.90K
Volume Incr-51.16%
Vol(5)4.22K
Vol(50)8.46K