BANCO LATINOAMERICANO COME-E (BLX) Technical Analysis
NYSE:BLX • PAP169941328
Current stock price
BLX Technical Rating and Analysis
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 85% 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 99 other stocks in this industry. BLX outperforms 90% of them.
- 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 48.81 - 57.49 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 offer a high quality setup 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
We found 6 important support areas.
- A support zone ranging from 50.90 to 51.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.18 from a horizontal line in the weekly time frame.
- Support @47.12 from a trend line in the weekly time frame.
- A support zone ranging from 44.58 to 45.26. 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 | 85.1 | POSITIVE | BLX has a high relative strength, it outperformed 85.1% 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) | 69.45 | NEUTRAL | The RSI value for BLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests BLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.2 | OVERBOUGHT | The high Stochastics value suggests BLX may be overbought. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for BLX suggests some volalility. |
| Average Directional Index/ADX (14) | 51.13 | 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
56.27
-1.06 (-1.85%)
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 69.449. This indicates that the stock is currently neutral.
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 51.35. Check the full technical report for our detailed analysis of BLX support and resistance levels.