CREDICORP LTD (BAP) Stock Technical Analysis
NYSE:BAP - New York Stock Exchange, Inc. - BMG2519Y1084 - Common Stock - Currency: USD
Overall BAP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BAP is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BAP is one of the better performing stocks in the market, outperforming 85% of all stocks. On top of that, BAP also shows a nice and consistent pattern of rising prices.
BAP is part of the Banks industry. There are 396 other stocks in this industry. BAP outperforms 92% of them.
BAP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BAP has a been trading in the 216.87 - 240.00 range, which is quite wide. It is currently trading near the high of this range.
Although BAP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
179.70
238.21
3 important support areas can be observed.
- A support zone ranging from 217.17 to 228.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @189.13 from a trend line in the weekly time frame.
- A support zone ranging from 181.52 to 181.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BAP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BAP is up. |
| ChartMill Relative Strength | 85.18 | POSITIVE | BAP has a high relative strength, it outperformed 85.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BAP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BAP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BAP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.94 | OVERBOUGHT | The high RSI value suggests BAP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.94 | POSITIVE | The MACD value suggests BAP has a positive trend. |
| Stochastics (14,3) | 89.27 | OVERBOUGHT | The high Stochastics value suggests BAP may be overbought. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for BAP suggests some volalility. |
| Average Directional Index/ADX (14) | 21.94 | NEUTRAL | The ADX value for BAP suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
235.85
-1.27 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.54%
1 Week4.25%
2 Weeks6.04%
1 Month5.74%
3 Month19.19%
6 Month29.87%
12 Month38.65%
2 Year50.18%
3 Year82.26%
5 Year85.46%
10 Year78.81%
15 Year141.35%
Volatility
ATR(14)5.13
ATR(20)%2.11%
ATR Inc76.07%
Range Today8.96
ADR(20)4.92
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.18
Mansfield1.25
10 Day High240
10 Day Low216.87
20 Day High240
20 Day Low216.87
52 Week High240
52 Week Low153.27
CS1 End228.23
CR1 StartN/A
Volume & EV
DER(3)1.12%
DER(5)-0.72%
Volume144.40K
Volume Incr24.71%
Vol(5)377.68K
Vol(50)340.35K