Overall BPOP gets a technical rating of 10 out of 10. 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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, BPOP did better than 82% of all other stocks.
- BPOP is one of the better performing stocks in the Banks industry, it outperforms 72% of 383 stocks in the same industry.
- BPOP 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 BPOP has a been trading in a tight range between 123.79 and 131.10.
Besides having an excellent technical rating, BPOP also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 128.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 128.04, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
81.43
4 important support areas can be observed.
- A support zone ranging from 123.20 to 128.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 111.30 to 112.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 128.60 to 130.19. 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 | 82.35 | POSITIVE | BPOP has a high relative strength, it outperformed 82.35% 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) | 57.89 | NEUTRAL | The RSI value for BPOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests BPOP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.88 | NEUTRAL | The Stochastics value for BPOP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for BPOP suggests low volalility. |
| Average Directional Index/ADX (14) | 29.46 | POSITIVE | The high ADX value value for BPOP suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 130.20 | 123.78 | 6.42 (4.93%) | 20.28% |
| An entry @130.20. This is a Buy Stop order right above the resistance zone. | An exit @123.78. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 6.42 points, which is 4.93%. | When investing 20.28% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
128.59
+3.62 (+2.9%)
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.
Can you provide the trend direction for POPULAR INC?
The current trend direction for POPULAR INC (BPOP) is Bullish.
What is the RSI signal for BPOP stock?
POPULAR INC (BPOP) has an RSI value of 57.8908. This indicates that the stock is currently neutral.
What is the short term momentum for BPOP stock?
The short term momentum for POPULAR INC (BPOP) is positive.
What are the support and resistance levels for POPULAR INC (BPOP) stock?
POPULAR INC (BPOP) has a support level at 128.04 and a resistance level at 128.6. Check the full technical report for our detailed analysis of BPOP support and resistance levels.