BANCO SANTANDER-CHILE-ADR (BSAC) Stock Technical Analysis
USA - NYSE:BSAC - US05965X1090 - ADR
Taking everything into account, BSAC scores 10 out of 10 in our technical rating. 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.
Although BSAC has an excellent technical rating, it does not offer a high quality setup 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
When analyzing the support we can see 7 important areas.
- A support zone ranging from 26.99 to 27.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 25.88 to 26.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.15 to 25.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.42 from a trend line in the daily time frame.
- Support @23.40 from a horizontal line in the daily time frame.
- Support @22.74 from a horizontal line in the daily time frame.
- Support @18.31 from a horizontal line in the weekly time frame.
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 | 85.93 | POSITIVE | BSAC has a high relative strength, it outperformed 85.93% 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) | 70.26 | OVERBOUGHT | The high RSI value suggests BSAC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests BSAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.48 | OVERBOUGHT | The high Stochastics value suggests BSAC may be overbought. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for BSAC suggests low volalility. |
| Average Directional Index/ADX (14) | 32.78 | POSITIVE | The high ADX value value for BSAC suggests a strong trend. |
28.3
-0.08 (-0.28%)
BANCO SANTANDER-CHILE-ADR / BSAC FAQ
What is the ChartMill technical rating of BANCO SANTANDER-CHILE-ADR (BSAC) stock?
ChartMill assigns a technical rating of 10 / 10 to BSAC.
Can you provide the trend direction for BANCO SANTANDER-CHILE-ADR?
The current trend direction for BANCO SANTANDER-CHILE-ADR (BSAC) is Bullish.
What is the RSI signal for BANCO SANTANDER-CHILE-ADR (BSAC) stock?
BANCO SANTANDER-CHILE-ADR (BSAC) has an RSI value of 70.2573. This indicates that the stock is currently overbought.
What is the buy/sell signal for BSAC stock?
The buy/sell signal for BANCO SANTANDER-CHILE-ADR (BSAC) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for BANCO SANTANDER-CHILE-ADR (BSAC) stock?
BANCO SANTANDER-CHILE-ADR (BSAC) has a support level at 27.06. Check the full technical report for our detailed analysis of BSAC support and resistance levels.