BANCO COMERCIAL PORTUGUES-R (BCP.LS)

PTBCP0AM0015 - Common Stock

0.351  +0 (+0.57%)

Technical Rating and Analysis

9

Overall BCP gets a technical rating of 9 out of 10. 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.

In the last month BCP has a been trading in the 0.34 - 0.38 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that BCP is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by BCP over the past year are nicely spread over this period.
BCP is part of the Banks industry. There are 88 other stocks in this industry. BCP outperforms 97% of them.
BCP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BCP is lagging the market slightly.
BCP has an average volume of 79626900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
BCP Weekly chart
BCP Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, BCP also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 0.34, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

0.26

0.35

We found 5 important support areas.

  • A support zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @0.29 from a trend line in the weekly time frame.
  • Support @0.28 from a trend line in the weekly time frame.
  • A support zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines in the daily 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
CRS97.51
Mansfield0.89
10 Day High0.38
10 Day Low0.35
20 Day High0.38
20 Day Low0.34
52 Week High0.38
52 Week Low0.2
Performance
1 Week-4.83%
2 Weeks-2.84%
1 Month-0.26%
3 Month26.22%
6 Month24.29%
12 Month58.2%
2 Year111.52%
3 Year158.52%
5 Year28.36%
10 Year82.82%
15 Year-51.8%
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
RSI(14)47.04
LBB0.35
UBB0.38
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
0.370.340.04 (9.94%)10.06%
An entry @0.37. This is a Buy Stop order right above the 10 day moving average.An exit @0.34. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.04 points, which is 9.94%.When investing 10.06% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
BCP Daily chart

BANCO COMERCIAL PORTUGUES-R

ELI:BCP (6/12/2024, 4:42:05 PM)

0.351

+0 (+0.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.57%
1 Week-4.83%
2 Weeks-2.84%
1 Month-0.26%
3 Month26.22%
6 Month24.29%
12 Month58.2%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.01
ATR(20)%2.72%
ATR Inc
Range Today0.01
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 High0.38
10 Day Low0.35
20 Day High0.38
20 Day Low0.34
52 Week High0.38
52 Week Low0.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.47M
Volume Incr-34.3%
Vol(5)56.07M
Vol(50)79.63M