BCE INC (BCE.CA) Stock Technical Analysis
TSX:BCE - Toronto Stock Exchange - CA05534B7604 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to BCE. BCE 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
87% of all other stocks performed better in the past year than BCE.
BCE is part of the Diversified Telecommunication Services industry. There are 30 other stocks in this industry, of which 103% are performing better than BCE.
BCE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BCE has an average volume of 4510380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BCE has a been trading in the 31.46 - 35.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, BCE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.37. Right above this resistance zone may be a good entry point.
More info and screens
31.29
47.56
We found 2 important support areas.
- Support @32.37 from a horizontal line in the daily time frame.
- A support zone ranging from 31.61 to 31.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 34.37 to 35.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @35.91 from a horizontal line in the daily time frame.
- Resistance @42.30 from a trend line in the weekly time frame.
- A resistance zone ranging from 47.03 to 47.09. 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
CRS13.56
Mansfield-2.66
10 Day High34.3
10 Day Low31.46
20 Day High35.9
20 Day Low31.46
52 Week High50.76
52 Week Low31.43
Performance
1 Week1.73%
2 Weeks1.19%
1 Month2.16%
3 Month-8.87%
6 Month-27.85%
12 Month-32.82%
2 Year-43.51%
3 Year-48.78%
5 Year-42.15%
10 Year-37.67%
15 Year16.78%
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)0.06
RSI(14)52.46
LBB31.45
UBB35.77
TSX:BCE (2/21/2025, 7:00:00 PM)
34.1
+0.69 (+2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg2.07%
1 Week1.73%
2 Weeks1.19%
1 Month2.16%
3 Month-8.87%
6 Month-27.85%
12 Month-32.82%
2 Year-43.51%
3 Year-48.78%
5 Year-42.15%
10 Year-37.67%
15 Year16.78%
Volatility
ATR(14)1.06
ATR(20)%2.82%
ATR Inc-35.51%
Range Today0.99
ADR(20)0.93
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.56
Mansfield-2.66
10 Day High34.3
10 Day Low31.46
20 Day High35.9
20 Day Low31.46
52 Week High50.76
52 Week Low31.43
CS1 End32.37
CR1 Start34.37
Volume & EV
DER(3)-0.26%
DER(5)0.45%
Volume3.87M
Volume Incr-19.5%
Vol(5)3.51M
Vol(50)4.51M