RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BCE
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Evaluation of BCE Inc stock downgraded after the last trading session.
(Updated on Mar 28, 2024)

Sell candidate since Mar 28, 2024 PDF

The BCE Inc stock price fell by -0.82% on the last day (Thursday, 28th Mar 2024) from $34.26 to $33.98. During the last trading day the stock fluctuated 2.57% from a day low at $33.71 to a day high of $34.58. The price has been going up and down for this period, and there has been a -0.18% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -3 million shares and in total, 3 million shares were bought and sold for approximately $106.89 million.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -18.55% during the next 3 months and, with a 90% probability hold a price between $27.02 and $29.06 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

BCE Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, March 22, 2024, and so far it has risen 0.80%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The BCE Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $34.03 and $36.13. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for BCE Inc stock

BCE Inc finds support from accumulated volume at $33.87 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.87 between high and low, or 2.57%. For the last week, the stock has had daily average volatility of 1.54%.

BCE Inc is oversold on RSI14 (23). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (BCE) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect BCE Inc to open at $34.09, and during the day (based on 14 day Average True Range), to move between $33.40 and $34.56, which gives a possible trading interval of +/-$0.579 (+/-1.70%) up or down from last closing price. If BCE Inc takes out the full calculated possible swing range there will be an estimated 3.41% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $34.04 (0.18%) than the support at $33.87 (0.32%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is BCE Inc stock A Buy?

BCE Inc holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -3.177 Sell Candidate Downgraded

Predicted Opening Price for BCE Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$34.09 ( 0.319%) $33.98

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BCE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 34.95 2.86 %
R2 34.62 1.89 %
R1 34.42 1.29 %
Current price: 33.98
Support S1 33.76 -0.654 %
S2 33.55 -1.25 %
S3 33.22 -2.23 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 37.95 11.68 %
R2 34.26 0.82 %
R1 34.04 0.177 %
Current price 33.98
Support S1 33.87 -0.324%
S2 33.82 -0.471%
S3 33.71 -0.795%

BCE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 08, 2024 Mar 14, 2024 Apr 15, 2024 $0.741 2.18%
2 Nov 01, 2023 Dec 14, 2023 Jan 15, 2024 $0.700 1.71%
3 Aug 03, 2023 Sep 14, 2023 Oct 16, 2023 $0.730 1.89%
4 May 04, 2023 Jun 14, 2023 Jul 17, 2023 $0.727 1.66%
5 Feb 02, 2023 Mar 14, 2023 Apr 15, 2023 $0.705 1.48%

FAQ

What is the symbol for BCE Inc Stock and on which exchange is it traded?
The symbol for BCE Inc is BCE and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell BCE Inc Stock?
BCE Inc holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy BCE Inc Stock?
BCE Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy BCE Inc Stock.

What's the current price of BCE Inc Stock?
As of the end of day on the 2024-03-28, the price of an BCE Inc (BCE) share was $33.98.

What is the 52-week high and low for BCE Inc Stock?
The 52-week high for BCE Inc Stock is $48.38 and the 52-week low is $33.54.

What is the market capitalization of BCE Inc Stock?
As of the 2024-03-28, the market capitalization of BCE Inc is 30.999B.

When is the next earnings date for BCE Inc?
The upcoming earnings date for BCE Inc is May 02, 2024.
Click to get the best stock tips daily for free!

About BCE Inc

BCE BCE Inc., a telecommunications and media company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers wireless voice and data communication products and services, as well as consumer electronics products. The Bell Wireline segment offers data, inclu... BCE Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT