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 BDC
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Stronger technical forecast for Belden Inc stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 09, 2024 Gain 11.99% PDF

The Belden Inc stock price gained 1.75% on the last trading day (Wednesday, 27th Mar 2024), rising from $91.61 to $93.21. During the last trading day the stock fluctuated 1.75% from a day low at $91.83 to a day high of $93.43. The price has risen in 7 of the last 10 days and is up by 7.73% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 64 thousand more shares were traded than the day before. In total, 244 thousand shares were bought and sold for approximately $22.77 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 25.84% during the next 3 months and, with a 90% probability hold a price between $111.33 and $124.27 at the end of this 3-month period.

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BDC Signals & Forecast

The Belden Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $91.66 and $86.29. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, January 17, 2024, and so far it has risen 29.14%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Belden Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $84.23 and $83.23. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Belden Inc finds support just below today's level at $84.23. If this is broken, then the next support from accumulated volume will be at $83.23 and $82.84.

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 $1.61 between high and low, or 1.75%. For the last week, the stock has had daily average volatility of 1.67%.

Our recommended stop-loss: $89.72 (-3.74%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 49 days ago.)

Trading Expectations (BDC) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Belden Inc to open at $92.82, and during the day (based on 14 day Average True Range), to move between $91.21 and $95.21, which gives a possible trading interval of +/-$2.00 (+/-2.15%) up or down from last closing price. If Belden Inc takes out the full calculated possible swing range there will be an estimated 4.30% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $84.23, some $8.98 (9.63%) from the current price of $93.21, our system finds the risk reward attractive.

Is Belden Inc stock A Buy?

Belden Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 6.488 Strong Buy Candidate Upgraded

Predicted Opening Price for Belden Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$92.82 ( 0.417%) $93.21

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

Trading levels for BDC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 94.43 1.31 %
R2 93.81 0.648 %
R1 93.43 0.241 %
Current price: 93.21
Support S1 92.21 -1.07 %
S2 91.83 -1.48 %
S3 91.22 -2.14 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 93.21
Support S1 84.23 -9.63%
S2 83.23 -10.71%
S3 82.84 -11.13%

BDC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 22, 2024 Mar 13, 2024 Apr 09, 2024 $0.0500 0.0536%
2 Nov 30, 2023 Dec 13, 2023 Jan 09, 2024 $0.0500 0.0679%
3 Aug 21, 2023 Sep 12, 2023 Oct 05, 2023 $0.0500 0.0531%
4 Apr 25, 2023 Jun 14, 2023 Jul 06, 2023 $0.0500 0.0525%
5 Feb 22, 2023 Mar 13, 2023 Jul 06, 2023 $0.0500 0.0525%

FAQ

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

Should I buy or sell Belden Inc Stock?
Belden Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy Belden Inc Stock?
Belden 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 Belden Inc Stock.

What's the current price of Belden Inc Stock?
As of the end of day on the 2024-03-27, the price of an Belden Inc (BDC) share was $93.21.

What is the 52-week high and low for Belden Inc Stock?
The 52-week high for Belden Inc Stock is $99.13 and the 52-week low is $60.55.

What is the market capitalization of Belden Inc Stock?
As of the 2024-03-27, the market capitalization of Belden Inc is 3.83B.

When is the next earnings date for Belden Inc?
The upcoming earnings date for Belden Inc is May 01, 2024.
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About Belden Inc

Belden Belden Inc. provides portfolio of signal transmission solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications,... BDC Profile

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