POPULAR INC (BPOP) Stock Technical Analysis
USA - NASDAQ:BPOP - PR7331747001 - Common Stock
We assign a technical rating of 1 out of 10 to BPOP. BPOP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, BPOP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
81.43
We found 4 important support areas.
- Support @111.46 from a horizontal line in the weekly time frame.
- 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.
We found 1 important resistance 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 | NEUTRAL | NEUTRAL | The long term trend for BPOP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BPOP is down. |
| ChartMill Relative Strength | 67.07 | NEUTRAL | BPOP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BPOP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BPOP is below 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) | 36.63 | NEUTRAL | The RSI value for BPOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.71 | NEGATIVE | The MACD value suggests BPOP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.27 | OVERSOLD | The low Stochastics value suggests BPOP may be oversold. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for BPOP suggests some volalility. |
| Average Directional Index/ADX (14) | 32.68 | POSITIVE | The high ADX value value for BPOP suggests a strong trend. |
111.47
+1.12 (+1.01%)
POPULAR INC / BPOP FAQ
What is the ChartMill technical rating of POPULAR INC (BPOP) stock?
ChartMill assigns a technical rating of 1 / 10 to BPOP.
What is the current trend direction of POPULAR INC (BPOP) stock?
The current trend direction for POPULAR INC (BPOP) is Bearish.
What is the RSI signal for POPULAR INC (BPOP) stock?
POPULAR INC (BPOP) has an RSI value of 36.6348. 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 -0.711144, indicating a bearish trend.
What is the support and resistance level for BPOP stock?
POPULAR INC (BPOP) has a support level at 111.46 and a resistance level at 127.06. Check the full technical report for our detailed analysis of BPOP support and resistance levels.