TradersHuddle Scanner - High Volume For BCE | Tech-Corner

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TradersHuddle Scanner - High Volume For BCE

Published on Thursday, 02 February 2012 11:38 Written by Danny Miller

bce New York, February 2nd (TradersHuddle.com) - Unusual high volume detected on shares of BCE Inc. (NYSE:BCE), early in the trading session. BCE is currently trading lower by 0.22%, so definitely the sellers in control, as the stock's volume is already above average.

BCE Inc. (NYSE:BCE), provides a full range of communication services to residential and business customers in Canada. Its services includes local, long distance and wireless phone services, high speed and wireless Internet access, IP-broadband services, value-added business solutions and direct-to-home satellite and VDSL television services.

BCE has already traded 1.194 times its 3-month average volume, and has calculated support and resistance at $39.88 and $42.51 respectively. Traders like to use volume as their lie detector for price action moves through predefined trading ranges.

The overall market index S&P 500 is trading higher by 0.23% from its previous trading close, which means that BCE stock is underperforming the overall market.

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