BANCO SANTANDER-CHILE-ADR (BSAC) Stock Technical Analysis
NYSE:BSAC - New York Stock Exchange, Inc. - US05965X1090 - ADR - Currency: USD
Taking everything into account, BSAC scores 10 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!
When comparing the yearly performance of all stocks, we notice that BSAC is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by BSAC over the past year are nicely spread over this period.
BSAC is part of the Banks industry. There are 395 other stocks in this industry. BSAC outperforms 86% of them.
BSAC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BSAC is leading the market.
BSAC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
BSAC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.04. Right above this resistance zone may be a good entry point.
More info and screens
18.13
25.57
When analyzing the support we can see 6 important areas.
- A support zone ranging from 23.40 to 23.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.41 from a trend line in the daily time frame.
- Support @21.72 from a horizontal line in the weekly time frame.
- Support @20.76 from a horizontal line in the daily time frame.
- Support @19.55 from a horizontal line in the daily time frame.
- A support zone ranging from 18.31 to 18.59. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.04 to 25.32. 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 | UP | POSITIVE | The short term trend for BSAC is up. |
| ChartMill Relative Strength | 89.31 | POSITIVE | BSAC has a high relative strength, it outperformed 89.31% 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) | 54.61 | NEUTRAL | The RSI value for BSAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BSAC has a negative trend. |
| Stochastics (14,3) | 59.17 | NEUTRAL | The Stochastics value for BSAC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for BSAC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.62 | NEUTRAL | The ADX value for BSAC suggests a possible start of a new 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)
24.74
-0.3 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.2%
1 Week-2.1%
2 Weeks1.77%
1 Month1.6%
3 Month14.33%
6 Month30.42%
12 Month31.04%
2 Year42.43%
3 Year24.38%
5 Year56.88%
10 Year15.77%
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%2.14%
ATR Inc30.1%
Range Today0.45
ADR(20)0.49
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.31
Mansfield1.46
10 Day High25.53
10 Day Low24.28
20 Day High25.53
20 Day Low23.12
52 Week High25.53
52 Week Low18.19
CS1 End23.72
CR1 Start25.04
Volume & EV
DER(3)-2.76%
DER(5)-0.36%
Volume420.44K
Volume Incr-42.24%
Vol(5)252.61K
Vol(50)448.38K