BCE INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	BCE
ISIN:	CA05534B7604

BCE INC. - Daily - Technical analysis published on 10/25/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Slightly bullish

Technical indicators

11%

72%

17%

My opinion

Bearish under 46.88 USD

My targets

45.09 USD (-3.34%)

44.30 USD (-5.04%)

My analysis

The strong short-term decline in BCE INC. calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 46.88 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 45.09 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 44.30 USD as an objective. Crossing it would then enable sellers to target 42.85 USD. Be careful, a return to above 46.88 USD could jeopardize the reversal.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

FORCE

2.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

BCE INC. rating 46.65 USD. The price is lower by -0.15% since the last closing and was between 46.50 USD and 47.20 USD. This implies that the price is at +0.32% from its lowest and at -1.17% from its highest.

46.50

47.20

46.65

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of BCE INC. in Daily shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:

Black line without upper shadow

Type : Bearish

Timeframe : Daily

Black marubozu

Type : Bearish

Timeframe : Daily

Downside gap

Type : Bearish

Timeframe : Daily

Long black line

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	42.85	44.30	45.09	46.65	46.88	47.47	48.07
Change (%)	-8.15%	-5.04%	-3.34%	-	+0.49%	+1.76%	+3.04%
Change	-3.80	-2.35	-1.56	-	+0.23	+0.82	+1.42
Level	Minor	Intermediate	Intermediate	-	Intermediate	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	44.05	45.37	46.04	47.36	48.03	49.35	50.02
Camarilla	46.17	46.36	46.54	46.72	46.90	47.09	47.27
Woodie	43.74	45.21	45.73	47.20	47.72	49.19	49.71
Fibonacci	45.37	46.13	46.60	47.36	48.12	48.59	49.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	48.12	48.41	48.64	48.93	49.16	49.45	49.68
Camarilla	48.73	48.78	48.82	48.87	48.92	48.97	49.01
Woodie	48.09	48.40	48.61	48.92	49.13	49.44	49.65
Fibonacci	48.41	48.61	48.73	48.93	49.13	49.25	49.45

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	44.69	45.56	46.98	47.85	49.27	50.14	51.56
Camarilla	47.78	47.99	48.20	48.41	48.62	48.83	49.04
Woodie	44.98	45.70	47.27	47.99	49.56	50.28	51.84
Fibonacci	45.56	46.43	46.97	47.85	48.72	49.26	50.14

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	30.13
MACD (12,26,9):	0.0100
Directional Movement:	-18.70
AROON (14):	-64.29
DEMA (21):	48.41
Parabolic SAR (0,02-0,02-0,2):	49.41
Elder Ray (13):	-1.36
Super Trend (3,10):	48.64
Zig ZAG (10):	46.65
VORTEX (21):	0.8400
Stochastique (14,3,5):	19.06
TEMA (21):	48.00
Williams %R (14):	-95.13
Chande Momentum Oscillator (20):	-1.80
Repulse (5,40,3):	-4.8800
ROCnROLL:	2
TRIX (15,9):	0.0900
Courbe Coppock:	1.14

MA7:	48.27
MA20:	48.47
MA50:	47.68
MA100:	46.47
MAexp7:	47.91
MAexp20:	48.25
MAexp50:	47.68
MAexp100:	46.60
Price / MA7:	-3.36%
Price / MA20:	-3.75%
Price / MA50:	-2.16%
Price / MA100:	+0.39%
Price / MAexp7:	-2.63%
Price / MAexp20:	-3.32%
Price / MAexp50:	-2.16%
Price / MAexp100:	+0.11%

This member declared not having a position on this financial instrument or a related financial instrument.

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