POPULAR INC (BPOP)       67.04  +1.35 (+2.06%)

67.04  +1.35 (+2.06%)

PR7331747001 - Common Stock - After market: 67.04 0 (0%)

Technical Rating

1

Taking everything into account, BPOP scores 1 out of 10 in our technical rating. BPOP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.



In the last month BPOP has a been trading in the 62.63 - 70.02 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BPOP is a bad performer in the overall market: 80% of all stocks are doing better.
BPOP is one of the lesser performing stocks in the Banks industry. 82% of 332 stocks in the same industry do better.
BPOP is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.

Statistics

1 Month 3 Months 6 Months 12 Months 4.33% -5.11% -13.69% -23.95% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 20.14 62.55 - 95.28
BPOP Weekly chart
BPOP Daily chart

Support/Resistance Analysis


62.70

83.83
We found 1 important support area.
  • A support zone ranging from 63.33 to 63.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
  • A resistance zone ranging from 67.33 to 69.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @70.87 from a trend line in the weekly time frame.
  • Resistance @74.83 from a horizontal line in the daily time frame.
  • Resistance @83.00 from a horizontal line in the daily time frame.

Setup Analysis

Setup Rating

5

Although the technical rating is bad, BPOP does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.

BPOP Daily chart

POPULAR INC67.04

NASDAQ:BPOP (1/27/2023, 7:00:00 PM)+1.35 (+2.06%)

After market: 67.04 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Financials
GICS Industry Banks

Performance
Today 2.06% 1 Week -2.6%
2 Weeks -2.06% 1 Month 4.33%
3 Month -5.11% 6 Month -13.69%

Volatility
ATR(14) 2.1 ATR(20)% 2.91%
ATR Inc 34.5% Range Today 2.53

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 20.14 Mansfield -1.31
10 Day High 70.02 10 Day Low 62.63
20 Day High 70.02 20 Day Low 62.63
52 Week High 95.28 52 Week Low 62.55
CS1 End 63.34 CR1 Start 67.33

Volume & EV
DER(3) -1.36% DER(5) -0.76%
Volume 615.10K Volume Incr 92.62%
Vol(5) 824.10K Vol(50) 492.47K

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