BANCO SANTANDER-CHILE-ADR (BSAC) Stock Technical Analysis
NYSE:BSAC - US05965X1090 - ADR
25.65 USD
+0.63 (+2.52%)
25.65 USD
0 (0%)
Taking everything into account, BSAC scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, BSAC has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, BSAC did better than 74% of all other stocks. On top of that, BSAC also shows a nice and consistent pattern of rising prices.
A new 52 week high is currently being made by BSAC, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month BSAC has a been trading in the 23.31 - 25.79 range, which is quite wide. It is currently trading near the high of this range.
BSAC is part of the Banks industry. There are 391 other stocks in this industry, BSAC did better than 67% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BSAC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
18.13
25.92
3 important support areas can be observed.
- A support zone ranging from 22.74 to 24.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.84 from a trend line in the weekly time frame.
- Support @18.31 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.66 to 25.66. 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 BSAC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSAC is up. |
| ChartMill Relative Strength | 74.32 | POSITIVE | BSAC has a high relative strength, it outperformed 74.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BSAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BSAC is above 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) | 70.32 | OVERBOUGHT | The high RSI value suggests BSAC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests BSAC has a positive trend. |
| Stochastics (14,3) | 96.08 | OVERBOUGHT | The high Stochastics value suggests BSAC may be overbought. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for BSAC suggests low volalility. |
| Average Directional Index/ADX (14) | 18.28 | 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)
25.65
+0.63 (+2.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.52%
1 Week7.01%
2 Weeks7.95%
1 Month8.32%
3 Month3.3%
6 Month13.85%
12 Month29.28%
2 Year39.86%
3 Year83.08%
5 Year85.06%
10 Year40.78%
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%1.77%
ATR Inc42.95%
Range Today0.49
ADR(20)0.43
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.32
Mansfield0.63
10 Day High25.79
10 Day Low23.31
20 Day High25.79
20 Day Low23.31
52 Week High25.79
52 Week Low18.19
CS1 End24.29
CR1 Start25.66
Volume & EV
DER(3)5.52%
DER(5)3.33%
Volume311.60K
Volume Incr14.92%
Vol(5)321.22K
Vol(50)315.01K