CORPBANCA (BCA) Technical Analysis
NYSE:BCA
Current stock price
BCA Technical Rating and Analysis
Taking everything into account, BCA scores 7 out of 10 in our technical rating. In the last year, BCA was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month BCA has a been trading in the 12.00 - 13.88 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, BCA turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- BCA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BCA is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BCA Weekly and Daily overview Charts
BCA Setup Rating and Analysis
Although BCA 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
BCA Support and Resistance Analysis
11.85
2 important support areas can be observed.
- A support zone ranging from 12.41 to 12.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.97 to 12.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 13.76 to 13.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.45 from a trend line in the weekly time frame.
BCA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for BCA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCA is up. |
| ChartMill Relative Strength | 46.89 | NEUTRAL | BCA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BCA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.95 | NEUTRAL | The RSI value for BCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BCA has a positive trend. |
| Stochastics (14,3) | 87.42 | OVERBOUGHT | The high Stochastics value suggests BCA may be overbought. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for BCA suggests some volalility. |
BCA Chart- and CandleStick Pattern Analysis
BCA Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:BCA (3/31/2016, 8:34:43 PM)
13.75
+0.27 (+2%)
CORPBANCA / BCA TA FAQ
Can you provide the ChartMill technical rating for CORPBANCA?
ChartMill assigns a technical rating of 7 / 10 to BCA.
What is the trend direction for BCA stock?
The current trend direction for CORPBANCA (BCA) is Bearish.
What is the RSI signal for CORPBANCA (BCA) stock?
CORPBANCA (BCA) has an RSI value of 68.9503. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CORPBANCA?
The MACD indicator for CORPBANCA (BCA) has a value of 0.0677614, indicating a bearish trend.
Can you provide the short term momentum for CORPBANCA?
The short term momentum for CORPBANCA (BCA) is positive.