CREDICORP LTD (BAP) Stock Technical Analysis
NYSE:BAP - New York Stock Exchange, Inc. - BMG2519Y1084 - Common Stock - Currency: USD
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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BAP did better than 88% of all other stocks. We also observe that the gains produced by BAP over the past year are nicely spread over this period.
BAP is part of the Banks industry. There are 396 other stocks in this industry. BAP outperforms 90% of them.
BAP is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BAP is leading the market.
In the last month BAP has a been trading in the 193.13 - 220.35 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although BAP has an excellent technical rating, the quality of the presented setup is not ideal 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
169.28
215.65
When analyzing the support we can see 6 important areas.
- A support zone ranging from 202.78 to 209.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 193.49 to 196.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @183.88 from a trend line in the weekly time frame.
- A support zone ranging from 180.12 to 180.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @175.14 from a horizontal line in the daily time frame.
- Support @170.99 from a horizontal line in the daily time frame.
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 | 88.94 | POSITIVE | BAP has a high relative strength, it outperformed 88.94% 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) | 62.92 | NEUTRAL | The RSI value for BAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests BAP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.19 | OVERBOUGHT | The high Stochastics value suggests BAP may be overbought. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for BAP suggests some volalility. |
| Average Directional Index/ADX (14) | 24.31 | 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)
213.51
-3.39 (-1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.56%
1 Week2.42%
2 Weeks7.36%
1 Month5.76%
3 Month17.38%
6 Month12.09%
12 Month33.24%
2 Year44.62%
3 Year78.06%
5 Year59.73%
10 Year53.69%
15 Year134.91%
Volatility
ATR(14)5.48
ATR(20)%2.47%
ATR Inc11.71%
Range Today7.48
ADR(20)4.75
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.94
Mansfield1.18
10 Day High220.35
10 Day Low197.16
20 Day High220.35
20 Day Low193.13
52 Week High220.35
52 Week Low153.27
CS1 End209.17
CR1 StartN/A
Volume & EV
DER(3)2.62%
DER(5)1.85%
Volume796.50K
Volume Incr116.82%
Vol(5)625.98K
Vol(50)355.15K