We assign a technical rating of 9 out of 10 to BPOP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BPOP is showing a nice and steady performance.
Although BPOP 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
81.43
6 important support areas can be observed.
- A support zone ranging from 116.13 to 119.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @114.03 from a trend line in the daily time frame.
- A support zone ranging from 111.30 to 111.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @109.24 from a horizontal line in the daily time frame.
- Support @84.08 from a horizontal line in the weekly time frame.
- Support @82.25 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 128.04 to 128.04. 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 BPOP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BPOP is up. |
| ChartMill Relative Strength | 80.85 | POSITIVE | BPOP has a high relative strength, it outperformed 80.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BPOP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BPOP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BPOP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.33 | NEUTRAL | The RSI value for BPOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.84 | POSITIVE | The MACD value suggests BPOP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.4 | OVERBOUGHT | The high Stochastics value suggests BPOP may be overbought. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for BPOP suggests some volalility. |
| Average Directional Index/ADX (14) | 24.14 | NEUTRAL | The ADX value for BPOP suggests a possible start of a new trend. |
123.04
+1.22 (+1%)
POPULAR INC / BPOP FAQ
What is the ChartMill technical rating of POPULAR INC (BPOP) stock?
ChartMill assigns a technical rating of 9 / 10 to BPOP.
What is the current trend direction of POPULAR INC (BPOP) stock?
The current trend direction for POPULAR INC (BPOP) is Bullish.
What is the RSI signal for POPULAR INC (BPOP) stock?
POPULAR INC (BPOP) has an RSI value of 65.3337. This indicates that the stock is currently neutral.
What is the MACD signal for BPOP stock?
The MACD indicator for POPULAR INC (BPOP) has a value of 0.844377, indicating a bearish trend.
What is the support and resistance level for BPOP stock?
POPULAR INC (BPOP) has a support level at 119.63 and a resistance level at 128.04. Check the full technical report for our detailed analysis of BPOP support and resistance levels.