CREDICORP LTD (BAP)

BMG2519Y1084 - Common Stock

167.75  -0.47 (-0.28%)

After market: 167.75 0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to BAP. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, BAP did better than 82% of all other stocks.
BAP is part of the Banks industry. There are 411 other stocks in this industry. BAP outperforms 88% of them.
BAP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BAP is performing more or less in line with the market.
In the last month BAP has a been trading in the 158.35 - 175.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BAP Weekly chart
BAP Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, BAP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 167.48, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

121.57

179.46

3 important support areas can be observed.

  • A support zone ranging from 164.23 to 167.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @159.63 from a horizontal line in the daily time frame.
  • A support zone ranging from 122.80 to 123.64. This zone is formed by a combination of multiple trend lines in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 175.83 to 177.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.17
Mansfield0.48
10 Day High170.5
10 Day Low158.35
20 Day High175.26
20 Day Low158.35
52 Week High179.53
52 Week Low116.42
Performance
1 Week3.63%
2 Weeks-1.19%
1 Month-0.18%
3 Month11.33%
6 Month34.07%
12 Month23.82%
2 Year20.78%
3 Year40.49%
5 Year-29.19%
10 Year12.4%
15 Year235.37%
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)
Technical Indicators
MACD(12,26,9)0.18
RSI(14)50.57
LBB157.96
UBB174.66
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
170.51164.226.29 (3.69%)25.00%
An entry @170.51. This is a Buy Stop order right above the 10 day high.An exit @164.22. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 6.29 points, which is 3.69%.For a 0.92% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BAP Daily chart

CREDICORP LTD

NYSE:BAP (4/25/2024, 7:04:00 PM)

After market: 167.75 0 (0%)

167.75

-0.47 (-0.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.28%
1 Week3.63%
2 Weeks-1.19%
1 Month-0.18%
3 Month11.33%
6 Month34.07%
12 Month23.82%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.48
ATR(20)%2.17%
ATR Inc
Range Today2.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High170.5
10 Day Low158.35
20 Day High175.26
20 Day Low158.35
52 Week High179.53
52 Week Low116.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume183.30K
Volume Incr-18.55%
Vol(5)220.00K
Vol(50)256.61K