BANCO SANTANDER-CHILE-ADR (BSAC) Stock Technical Analysis
NYSE:BSAC - New York Stock Exchange, Inc. - US05965X1090 - ADR - Currency: USD
Overall BSAC gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month BSAC has a been trading in the 23.98 - 25.53 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, BSAC did better than 84% of all other stocks.
BSAC is part of the Banks industry. There are 395 other stocks in this industry. BSAC outperforms 79% of them.
BSAC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BSAC is performing more or less in line with the market.
Volume is considerably higher in the last couple of days.
BSAC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
18.13
25.64
When analyzing the support we can see 5 important areas.
- Support @23.13 from a trend line in the daily time frame.
- Support @21.72 from a horizontal line in the weekly time frame.
- Support @20.93 from a horizontal line in the daily time frame.
- Support @18.64 from a trend line in the weekly time frame.
- Support @18.31 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.71 to 25.39. This zone is formed by a combination of multiple trend lines and important moving averages 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 BSAC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BSAC is neutral. |
| ChartMill Relative Strength | 84.55 | POSITIVE | BSAC has a high relative strength, it outperformed 84.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BSAC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BSAC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BSAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.01 | NEUTRAL | The RSI value for BSAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BSAC has a negative trend. |
| Stochastics (14,3) | 26.69 | NEUTRAL | The Stochastics value for BSAC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for BSAC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.22 | NEGATIVE | The low ADX value for BSAC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 24.75 | 24.07 | 0.68 (2.73%) | 25.00% |
| An entry @24.75. This is a Buy Stop order right above the 10 day moving average. | An exit @24.07. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.68 points, which is 2.73%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- The distance between exit and entry is rather small compared to the average daily movement of BSAC. Please evaluate whether better entry and exit points can be found.
- 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.
24.16
-0.13 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.54%
1 Week-4.69%
2 Weeks-2.03%
1 Month-4.58%
3 Month5.73%
6 Month27.56%
12 Month30.81%
2 Year28.17%
3 Year48.31%
5 Year47.32%
10 Year19.31%
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%2.12%
ATR Inc-16.63%
Range Today0.35
ADR(20)0.5
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.55
Mansfield0.96
10 Day High25.53
10 Day Low24.08
20 Day High25.53
20 Day Low23.98
52 Week High25.53
52 Week Low18.19
CS1 End23.13
CR1 Start24.71
Volume & EV
DER(3)0.96%
DER(5)0.84%
Volume440.29K
Volume Incr90.84%
Vol(5)658.86K
Vol(50)470.95K