BANCO COMERCIAL PORTUGUES-R (BCP.LS)

PTBCP0AM0015 - Common Stock

0.4493  0 (-0.69%)

Technical Rating and Analysis

10

Taking everything into account, BCP scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BCP has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that BCP is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, BCP also shows a nice and consistent pattern of rising prices.
BCP is one of the better performing stocks in the Banks industry, it outperforms 89% of 90 stocks in the same industry.
BCP 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 BCP is leading the market.
In the last month BCP has a been trading in the 0.43 - 0.46 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BCP has an average volume of 54422600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
BCP Weekly chart
BCP Daily chart
Setup Rating and Analysis

9

BCP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.44, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

0.32

0.46

3 important support areas can be observed.

  • A support zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 0.43 to 0.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.32 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • Resistance @0.45 from a horizontal line in the daily time frame.
  • Resistance @0.46 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.42
Mansfield1.51
10 Day High0.46
10 Day Low0.43
20 Day High0.46
20 Day Low0.43
52 Week High0.47
52 Week Low0.25
Performance
1 Week0.79%
2 Weeks2.18%
1 Month1.06%
3 Month7.26%
6 Month32.22%
12 Month63.2%
2 Year206.9%
3 Year218.88%
5 Year121.55%
10 Year583.87%
15 Year-46.83%
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
RSI(14)53.7
LBB0.43
UBB0.46
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
0.460.420.04 (8.15%)12.27%
An entry @0.46. This is a Buy Stop order right above the resistance zone.An exit @0.42. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.04 points, which is 8.15%.When investing 12.27% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
BCP Daily chart

BANCO COMERCIAL PORTUGUES-R

ELI:BCP (12/20/2024, 7:00:00 PM)

0.4493

0 (-0.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.69%
1 Week0.79%
2 Weeks2.18%
1 Month1.06%
3 Month7.26%
6 Month32.22%
12 Month63.2%
2 Year206.9%
3 Year218.88%
5 Year121.55%
10 Year583.87%
15 Year-46.83%
Volatility
ATR(14)0.01
ATR(20)%2.14%
ATR Inc15.04%
Range Today0.01
ADR(20)0.01
ADR(20)%2.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.42
Mansfield1.51
10 Day High0.46
10 Day Low0.43
20 Day High0.46
20 Day Low0.43
52 Week High0.47
52 Week Low0.25
CS1 End0.44
CR1 Start0.45
Volume & EV
DER(3)-0.39%
DER(5)-0.03%
Volume66.54M
Volume Incr43.26%
Vol(5)67.94M
Vol(50)54.42M