CREDICORP LTD (BAP)
BMG2519Y1084 - Common Stock
We assign a technical rating of 10 out of 10 to BAP. Both in the recent history as in the last year, BAP has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 84% of all stocks. We also observe that the gains produced by BAP over the past year are nicely spread over this period.
BAP is one of the better performing stocks in the Banks industry, it outperforms 75% of 406 stocks in the same industry.
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.
BAP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, BAP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 185.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 181.60, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
123.04
186.86
6 important support areas can be observed.
- A support zone ranging from 178.90 to 181.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 172.87 to 175.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @163.12 from a trend line in the daily time frame.
- Support @159.64 from a horizontal line in the daily time frame.
- A support zone ranging from 155.96 to 155.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @124.28 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 185.01 to 185.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.81
Mansfield0.27
10 Day High186.36
10 Day Low174.41
20 Day High186.36
20 Day Low169.74
52 Week High186.36
52 Week Low116.42
Performance
1 Week0.21%
2 Weeks3.05%
1 Month6.56%
3 Month7.15%
6 Month11%
12 Month47.01%
2 Year25.23%
3 Year41.35%
5 Year-14.37%
10 Year13.84%
15 Year165.51%
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)0.14
RSI(14)59.24
LBB174.99
UBB186.31
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 185.02 | 178.89 | 6.13 (3.31%) | 25.00% |
| An entry @185.02. This is a Buy Stop order right above the resistance zone. | An exit @178.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.13 points, which is 3.31%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.83%. |
- The distance between exit and entry is rather small compared to the average daily movement of BAP. Please evaluate whether better entry and exit points can be found.
- 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.
CREDICORP LTD
NYSE:BAP (10/8/2024, 8:04:00 PM)
After market: 183.28 0 (0%)183.28
+0.81 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.44%
1 Week0.21%
2 Weeks3.05%
1 Month6.56%
3 Month7.15%
6 Month11%
12 Month47.01%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.52
ATR(20)%2.4%
ATR Inc
Range Today1.89
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 High186.36
10 Day Low174.41
20 Day High186.36
20 Day Low169.74
52 Week High186.36
52 Week Low116.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume390.10K
Volume Incr12.39%
Vol(5)264.18K
Vol(50)219.95K