Country Icon

General Cable Corporation (BGC) - Buy, Sell or Hold?

Sector: Basic Industries   Sub-Sector: Telecommunications Equipment
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 17 Nov 2017NoneDojiThu, 09 Nov 20172.99%
***Stock database and scans are updated around midnight (New York time) every trading day.
20.65 0.00 (0%) Nov 17 4:00pm EST
Open: 20.55 Range: 20.50 - 21.00 Vol: 884.6K Avg Vol: 979.28K
EPS: -3.56 P/E ratio: 0.00 EBITDA: 209.90M Mkt Cap: 1.04B
Analyze "BGC" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 20.36
Medium Term: Trading is Range Bound
Last Trade is below the 20 day moving average at 20.76
Last Trade is above the 50 day moving average at 20.37
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 17.96
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of BGC

Stock Trend Analysis - Buy, Sell or Hold "General Cable Corporation" (BGC)?

BGC is in a long term trading range with an upward bias. The last 52 weeks has seen this stock maintain an upward swing with about 79% of the time spent trading above the 200 day moving average. The 50 day moving average also indicates range bound trading but with a general bullish upside bias. Even the 20 day moving average is exhibiting similar bullish bias in a trading range. For adventurous traders, once a trading range is identified, a viable strategy is to short breakouts and buy breakdowns with the expectation BGC will return into the established trading range. However, a more conservative and higher probability trade is to still buy dips as the longer term trend is still up. A good place to accummulate longs is at the 200 SMA currently near 17.96. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "BGC".

The analyst consensus estimates for the 1 year price target for this stock is $26.00* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 17 Nov 2017
Basic Industries Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
LAYNLayne Christensen CompanyBuy, Sell or HoldTrading Levels & Pivots
OSNOssen Innovation Co., Ltd.Buy, Sell or HoldTrading Levels & Pivots
FSTRL.B. Foster CompanyBuy, Sell or HoldTrading Levels & Pivots
MTRXMatrix Service CompanyBuy, Sell or HoldTrading Levels & Pivots
BCPCBalchem CorporationBuy, Sell or HoldTrading Levels & Pivots
STRLSterling Construction Company IncBuy, Sell or HoldTrading Levels & Pivots
PESIPerma-Fix Environmental Services, Inc.Buy, Sell or HoldTrading Levels & Pivots
GOLDRandgold Resources LimitedBuy, Sell or HoldTrading Levels & Pivots
CVCOCavco Industries, Inc.Buy, Sell or HoldTrading Levels & Pivots
KMGBKMG Chemicals, Inc.Buy, Sell or HoldTrading Levels & Pivots