Bullish Case: Dividend yield stability and mean-reverting price action hint at BCE’s potential uptick, complementing a seasonally strong Q2/Q3 for equities.


Bearish Case: Continuous underperformance, recent steep declines, and sustained market pressures signal further downside for BCE.


Potential Outcomes:

1. Price stabilization (40%) due to dividend allure;

2. Mild recovery (30%) with market rebound;

3. Further decline (30%) under competitive strain.


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 03, 2024


BCE Forecast

BCE        BCE
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with BCE



AY Forecast + Options Trading Strategies   AY  Atlantica Sustainable Infrastructure (0.93)


RICK Forecast + Options Trading Strategies   RICK  RCI Hospitality (0.91)


BEP Forecast + Options Trading Strategies   BEP  Brookfield Renewable (0.91)


LEG Forecast + Options Trading Strategies   LEG  Leggett & Platt (0.91)


ADC Forecast + Options Trading Strategies   ADC  Agree Realty (0.91)



Uncorrelated Stock Forecasts

Assets with little price relationship to BCE



BROS Forecast + Options Trading Strategies   BROS  Dutch Bros (-0.0)


EQT Forecast + Options Trading Strategies   EQT  EQT (-0.0)


QYLD Forecast + Options Trading Strategies   QYLD  Global X NASDAQ 100 Covered Call (-0.0)


EQNR Forecast + Options Trading Strategies   EQNR  Equinor ASA - (0.0)


JDST Forecast + Options Trading Strategies   JDST  Direxion Daily Junior Gold Miners Index Be (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BCE



FTI Forecast + Options Trading Strategies   FTI  TechnipFMC (-0.9)


IMO Forecast + Options Trading Strategies   IMO  Imperial Oil (-0.9)


LBRT Forecast + Options Trading Strategies   LBRT  Liberty Oilfield Services (-0.91)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (-0.91)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.91)





Become a more profitable investor with AI optimized trading strategies






×

Chat with BCE


 Ask me any question!