BANCO SANTANDER-CHILE-ADR (BSAC) Stock Technical Analysis
NYSE:BSAC - New York Stock Exchange, Inc. - US05965X1090 - ADR - Currency: USD
We assign a technical rating of 2 out of 10 to BSAC. BSAC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
BSAC is part of the Banks industry. There are 396 other stocks in this industry, of which 66% are performing better than BSAC.
In the last month BSAC has a been trading in the 23.35 - 25.44 range, which is quite wide. It is currently trading near the lows of this range.
BSAC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BSAC is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, BSAC turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
BSAC has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
18.13
25.64
We found 3 important support areas.
- A support zone ranging from 23.40 to 23.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.71 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 2 important areas.
- A resistance zone ranging from 24.03 to 24.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.13 to 25.39. 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 | DOWN | NEGATIVE | The short term trend for BSAC is down. |
| ChartMill Relative Strength | 52.79 | NEUTRAL | BSAC is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of BSAC is below a declining 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) | 38.56 | NEUTRAL | The RSI value for BSAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests BSAC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.28 | OVERSOLD | The low Stochastics value suggests BSAC may be oversold. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for BSAC suggests low volalility. |
| Average Directional Index/ADX (14) | 16.86 | 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)
23.63
+0.05 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.21%
1 Week-1.29%
2 Weeks-5.97%
1 Month-2.19%
3 Month-1.42%
6 Month24.04%
12 Month16.81%
2 Year11.99%
3 Year51.09%
5 Year38.11%
10 Year17.04%
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%1.89%
ATR Inc-30.21%
Range Today0.32
ADR(20)0.42
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.79
Mansfield0.14
10 Day High25.2
10 Day Low23.35
20 Day High25.44
20 Day Low23.35
52 Week High25.53
52 Week Low18.19
CS1 End23.62
CR1 Start24.03
Volume & EV
DER(3)0.72%
DER(5)-1.93%
Volume279.10K
Volume Incr-28.54%
Vol(5)357.72K
Vol(50)417.19K