CORPBANCA (BCA)

13.75  +0.27 (+2%)

Technical Rating and Analysis

7

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 long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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 trading in the upper part of its 52 week range, so BCA is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
BCA Weekly chart
BCA Daily chart
Setup Rating and Analysis

2

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.

Support and Resistance Analysis

11.85

16.61

We found 2 important support areas.

  • 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.

When analyzing the resistance we notice 2 important areas.

  • 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.
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
CRS46.89
Mansfield-0.44
10 Day High13.88
10 Day Low12.76
20 Day High13.88
20 Day Low12
52 Week High18.99
52 Week Low10.58
Performance
1 Week6.01%
2 Weeks9.47%
1 Month14.77%
3 Month17.52%
6 Month2.15%
12 Month-17.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.07
RSI(14)68.95
LBB12.07
UBB13.82
BCA Daily chart

CORPBANCA

NYSE:BCA (3/31/2016, 7:34:43 PM)

13.75

+0.27 (+2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2%
1 Week6.01%
2 Weeks9.47%
1 Month14.77%
3 Month17.52%
6 Month2.15%
12 Month-17.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.41
ATR(20)%2.86%
ATR Inc
Range Today0.26
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 High13.88
10 Day Low12.76
20 Day High13.88
20 Day Low12
52 Week High18.99
52 Week Low10.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume112.60K
Volume Incr-25.05%
Vol(5)65.40K
Vol(50)102.34K