While this happened, JP Morgan downgraded its BCE Inc [BCE] rating to an Underweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid January from “a Neutral” to “an Underperform”. Edward Jones revised its rating on November 05, 2024. It rated BCE as “a Hold” which previously was an “a Buy”.
Price Performance Review of BCE
On Monday, BCE Inc [NYSE:BCE] saw its stock jump 1.54% to $22.38. Over the last five days, the stock has gained 4.78%. BCE Inc shares have fallen nearly -3.45% since the year began. Nevertheless, the stocks have fallen -30.58% over the past one year. While a 52-week high of $36.17 was reached on 03/10/25, a 52-week low of $20.28 was recorded on 04/09/25. SMA at 50 days reached $23.02, while 200 days put it at $28.39.
Levels Of Support And Resistance For BCE Stock
The 24-hour chart illustrates a support level at 22.11, which if violated will result in even more drops to 21.85. On the upside, there is a resistance level at 22.52. A further resistance level may holdings at 22.66. The Relative Strength Index (RSI) on the 14-day chart is 50.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 26.32%. Stochastics %K at 62.91% indicates the stock is a holding.
How much short interest is there in BCE Inc?
A steep rise in short interest was recorded in BCE Inc stocks on 2025-03-31, growing by 1.87 million shares to a total of 52.84 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 50.98 million shares. There was a rise of 3.53%, which implies that there is a positive sentiment for the stock.
