BANCO LATINOAMERICANO COME-E (BLX) Stock Technical Analysis
NYSE:BLX • PAP169941328
Taking everything into account, BLX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BLX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, BLX did better than 77% of all other stocks. On top of that, BLX also shows a nice and consistent pattern of rising prices.
- BLX is part of the Financial Services industry. There are 97 other stocks in this industry. BLX outperforms 89% of them.
- BLX 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 BLX is lagging the market slightly.
- In the last month BLX has a been trading in the 46.28 - 51.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, BLX also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
40.21
When analyzing the support we can see 3 important areas.
- A support zone ranging from 43.91 to 44.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 42.31 to 43.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.62 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 51.18 to 51.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BLX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLX is up. |
| ChartMill Relative Strength | 77.81 | POSITIVE | BLX has a high relative strength, it outperformed 77.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.64 | NEUTRAL | The RSI value for BLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests BLX has a negative trend. |
| Stochastics (14,3) | 40.16 | NEUTRAL | The Stochastics value for BLX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for BLX suggests some volalility. |
| Average Directional Index/ADX (14) | 37.68 | POSITIVE | The high ADX value value for BLX suggests a strong trend. |
49.88
+0.94 (+1.92%)
BANCO LATINOAMERICANO COME-E / BLX FAQ
What is the ChartMill technical rating of BANCO LATINOAMERICANO COME-E (BLX) stock?
ChartMill assigns a technical rating of 10 / 10 to BLX.
What is the current trend direction of BANCO LATINOAMERICANO COME-E (BLX) stock?
The current trend direction for BANCO LATINOAMERICANO COME-E (BLX) is Bullish.
Can you provide the RSI signal for BANCO LATINOAMERICANO COME-E?
BANCO LATINOAMERICANO COME-E (BLX) has an RSI value of 59.6359. This indicates that the stock is currently neutral.
What is the MACD signal for BLX stock?
The MACD indicator for BANCO LATINOAMERICANO COME-E (BLX) has a value of -0.127215, indicating a bearish trend.
What is the buy/sell signal for BANCO LATINOAMERICANO COME-E (BLX) stock?
The buy/sell signal for BANCO LATINOAMERICANO COME-E (BLX) is buy as both the short term and long term trends are positive.