BANCO LATINOAMERICANO COME-E (BLX) Technical Analysis
NYSE:BLX • PAP169941328
Current stock price
BLX Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to BLX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BLX is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that BLX is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by BLX over the past year are nicely spread over this period.
- BLX is one of the better performing stocks in the Financial Services industry, it outperforms 90% of 99 stocks in the same industry.
- BLX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month BLX has a been trading in the 48.23 - 55.23 range, which is quite wide. It is currently trading near the high of this range.
BLX Weekly and Daily overview Charts
BLX Setup Rating and Analysis
Although BLX 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
BLX Support and Resistance Analysis
41.89
6 important support areas can be observed.
- A support zone ranging from 50.19 to 51.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.78 to 48.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.87 from a trend line in the weekly time frame.
- A support zone ranging from 44.58 to 45.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @43.01 from a horizontal line in the weekly time frame.
- Support @42.31 from a horizontal line in the daily time frame.
BLX 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 | 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 | 84.02 | POSITIVE | BLX has a high relative strength, it outperformed 84.02% 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) | 72.59 | OVERBOUGHT | The high RSI value suggests BLX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests BLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.69 | OVERBOUGHT | The high Stochastics value suggests BLX may be overbought. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for BLX suggests some volalility. |
| Average Directional Index/ADX (14) | 40.95 | POSITIVE | The high ADX value value for BLX suggests a strong trend. |
BLX Chart- and CandleStick Pattern Analysis
BLX Technicals: Chart, Performance Metrics, Trend & Indicators
54.94
-0.1 (-0.18%)
BANCO LATINOAMERICANO COME-E / BLX TA 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.
What is the RSI signal for BLX stock?
BANCO LATINOAMERICANO COME-E (BLX) has an RSI value of 72.5885. This indicates that the stock is currently overbought.
What is the short term momentum for BANCO LATINOAMERICANO COME-E (BLX) stock?
The short term momentum for BANCO LATINOAMERICANO COME-E (BLX) is positive.
Can you provide the support and resistance levels for BANCO LATINOAMERICANO COME-E?
BANCO LATINOAMERICANO COME-E (BLX) has a support level at 51.44. Check the full technical report for our detailed analysis of BLX support and resistance levels.