BANCO SANTANDER-CHILE-ADR (BSAC) Technical Analysis
NYSE:BSAC • US05965X1090
Current stock price
BSAC Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to BSAC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BSAC is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that BSAC is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, BSAC also shows a nice and consistent pattern of rising prices.
- BSAC is part of the Banks industry. There are 377 other stocks in this industry. BSAC outperforms 78% of them.
- BSAC 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 BSAC has a been trading in the 30.70 - 36.82 range, which is quite wide. It is currently trading near the high of this range.
BSAC Weekly and Daily overview Charts
BSAC Setup Rating and Analysis
BSAC has an excellent technical rating, but the quality of the setup is 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
BSAC Support and Resistance Analysis
29.08
We found 3 important support areas.
- A support zone ranging from 33.11 to 33.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.72 to 31.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 29.37 to 29.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @37.47 from a horizontal line in the daily time frame.
BSAC Technical Indicator Signal Analysis
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 | 79.94 | POSITIVE | BSAC has a high relative strength, it outperformed 79.94% 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) | 66.12 | NEUTRAL | The RSI value for BSAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests BSAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.3 | OVERBOUGHT | The high Stochastics value suggests BSAC may be overbought. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for BSAC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.03 | NEGATIVE | The low ADX value for BSAC suggests a weak or negative trend. |
BSAC Chart- and CandleStick Pattern Analysis
BSAC Technicals: Chart, Performance Metrics, Trend & Indicators
36.07
+0.26 (+0.73%)
BANCO SANTANDER-CHILE-ADR / BSAC TA FAQ
What is the ChartMill technical rating of BANCO SANTANDER-CHILE-ADR (BSAC) stock?
ChartMill assigns a technical rating of 10 / 10 to BSAC.
What is the trend direction for BSAC stock?
The current trend direction for BANCO SANTANDER-CHILE-ADR (BSAC) is Bullish.
Can you provide the RSI signal for BANCO SANTANDER-CHILE-ADR?
BANCO SANTANDER-CHILE-ADR (BSAC) has an RSI value of 66.1215. This indicates that the stock is currently neutral.
What is the MACD signal for BSAC stock?
The MACD indicator for BANCO SANTANDER-CHILE-ADR (BSAC) has a value of 0.351116, indicating a bearish trend.
What is the support and resistance level for BSAC stock?
BANCO SANTANDER-CHILE-ADR (BSAC) has a support level at 33.8 and a resistance level at 37.47. Check the full technical report for our detailed analysis of BSAC support and resistance levels.