BANCO COMERCIAL PORTUGUES-R (BCP.LS)

PTBCP0AM0015 - Common Stock

0.4397  -0.01 (-2.96%)

Technical Rating and Analysis

8

Overall BCP gets a technical rating of 8 out of 10. In the last year, BCP was one of the better performers, but we do observe some doubts in the very recent evolution.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, BCP did better than 85% of all other stocks.
BCP is part of the Banks industry. There are 91 other stocks in this industry. BCP outperforms 78% 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 58150100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BCP has a been trading in a tight range between 0.43 and 0.46.
Weekly and Daily overview Charts
BCP Weekly chart
BCP Daily chart
Setup Rating and Analysis

6

BCP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.43, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • 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.
Support and Resistance Analysis

0.32

0.44

We found 4 important support areas.

  • A support zone ranging from 0.43 to 0.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @0.39 from a horizontal line in the weekly time frame.
  • Support @0.38 from a horizontal line in the daily time frame.
  • Support @0.32 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS85.48
Mansfield1.05
10 Day High0.45
10 Day Low0.44
20 Day High0.46
20 Day Low0.43
52 Week High0.47
52 Week Low0.25
Performance
1 Week-1.81%
2 Weeks-1.1%
1 Month-2.4%
3 Month8.65%
6 Month20.96%
12 Month39.99%
2 Year200.34%
3 Year212.07%
5 Year116.82%
10 Year569.25%
15 Year-47.96%
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)48.24
LBB0.44
UBB0.45
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
0.450.430.02 (5.49%)18.22%
An entry @0.45. This is a Buy Stop order right above the resistance zone.An exit @0.43. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.02 points, which is 5.49%.For a 1.00% total portfolio risk, you can invest 18.22% of your capital in this trade.

  • 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 (12/6/2024, 7:00:00 PM)

0.4397

-0.01 (-2.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.96%
1 Week-1.81%
2 Weeks-1.1%
1 Month-2.4%
3 Month8.65%
6 Month20.96%
12 Month39.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.01
ATR(20)%2.31%
ATR Inc
Range Today0.02
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 High0.45
10 Day Low0.44
20 Day High0.46
20 Day Low0.43
52 Week High0.47
52 Week Low0.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume73.03M
Volume Incr6.06%
Vol(5)55.62M
Vol(50)58.15M