We assign a technical rating of 10 out of 10 to BPOP. Both in the recent history as in the last year, BPOP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although BPOP has an excellent technical rating, the quality of the presented setup is not ideal 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.
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81.43
6 important support areas can be observed.
- A support zone ranging from 119.31 to 120.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 115.14 to 116.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 111.16 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 127.06 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 | 78.97 | POSITIVE | BPOP has a high relative strength, it outperformed 78.97% 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) | UP | POSITIVE | The current price of BPOP is above the rising 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) | 68.59 | NEUTRAL | The RSI value for BPOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests BPOP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.7 | OVERBOUGHT | The high Stochastics value suggests BPOP may be overbought. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for BPOP suggests low volalility. |
| Average Directional Index/ADX (14) | 34.91 | POSITIVE | The high ADX value value for BPOP suggests a strong trend. |
126.02
+0.07 (+0.06%)
POPULAR INC / BPOP FAQ
What is the ChartMill technical rating of POPULAR INC (BPOP) stock?
ChartMill assigns a technical rating of 10 / 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 68.5918. 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 0.594806, indicating a bearish trend.
What is the support and resistance level for BPOP stock?
POPULAR INC (BPOP) has a support level at 120.61 and a resistance level at 127.06. Check the full technical report for our detailed analysis of BPOP support and resistance levels.