BANCO DE CHILE-ADR (BCH) Stock Technical Analysis
NYSE:BCH - New York Stock Exchange, Inc. - US0595201064 - ADR - Currency: USD
We assign a technical rating of 9 out of 10 to BCH. Both in the recent history as in the last year, BCH has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
BCH is part of the Banks industry. There are 404 other stocks in this industry. BCH outperforms 87% of them.
BCH is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month BCH has a been trading in the 25.54 - 27.32 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BCH is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
BCH has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 27.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.61, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BCH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
21.67
27.56
We found 5 important support areas.
- A support zone ranging from 26.42 to 26.61. 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 25.91 to 25.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.39 to 24.71. 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 22.47 to 22.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.89 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 27.29 to 27.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.94
Mansfield1.15
10 Day High27.32
10 Day Low25.78
20 Day High27.32
20 Day Low25.54
52 Week High27.32
52 Week Low20.93
Performance
1 Week5.29%
2 Weeks3.45%
1 Month6.27%
3 Month16.68%
6 Month11.76%
12 Month17.48%
2 Year39.75%
3 Year27.3%
5 Year69.34%
10 Year22.04%
15 Year41.45%
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)68.13
LBB25.84
UBB27.29
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.30 | 26.41 | 0.89 (3.26%) | 25.00% |
| An entry @27.30. This is a Buy Stop order right above the resistance zone. | An exit @26.41. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.89 points, which is 3.26%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
27.28
+0.33 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.22%
1 Week5.29%
2 Weeks3.45%
1 Month6.27%
3 Month16.68%
6 Month11.76%
12 Month17.48%
2 Year39.75%
3 Year27.3%
5 Year69.34%
10 Year22.04%
15 Year41.45%
Volatility
ATR(14)0.49
ATR(20)%1.75%
ATR Inc-17.01%
Range Today0.41
ADR(20)0.43
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.94
Mansfield1.15
10 Day High27.32
10 Day Low25.78
20 Day High27.32
20 Day Low25.54
52 Week High27.32
52 Week Low20.93
CS1 End26.61
CR1 Start27.29
Volume & EV
DER(3)3.08%
DER(5)3.85%
Volume316.40K
Volume Incr58.84%
Vol(5)361.18K
Vol(50)211.18K