BANCO LATINOAMERICANO COME-E (BLX) Stock Technical Analysis
NYSE:BLX - New York Stock Exchange, Inc. - PAP169941328 - Common Stock - Currency: USD
Overall BLX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BLX 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.
Looking at the yearly performance, BLX did better than 88% of all other stocks. We also observe that the gains produced by BLX over the past year are nicely spread over this period.
BLX is one of the better performing stocks in the Financial Services industry, it outperforms 86% of 101 stocks in the same industry.
BLX 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 BLX has a been trading in the 36.53 - 39.30 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
BLX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 37.35, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
29.40
39.60
4 important support areas can be observed.
- A support zone ranging from 36.72 to 37.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.11 from a trend line in the weekly time frame.
- Support @33.36 from a horizontal line in the daily time frame.
- Support @29.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 38.12 to 39.21. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS88.68
Mansfield1.01
10 Day High39.3
10 Day Low37.25
20 Day High39.3
20 Day Low36.53
52 Week High39.4
52 Week Low26.48
Performance
1 Week0.11%
2 Weeks0.26%
1 Month2.37%
3 Month12.5%
6 Month25.69%
12 Month39.55%
2 Year108.03%
3 Year146.41%
5 Year112.92%
10 Year21.05%
15 Year169.43%
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)-0.01
RSI(14)52.85
LBB37.04
UBB39.11
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 |
|---|---|---|---|
| 39.22 | 37.24 | 1.98 (5.05%) | 19.81% |
| An entry @39.22. This is a Buy Stop order right above the resistance zone. | An exit @37.24. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.98 points, which is 5.05%. | For a 1.00% total portfolio risk, you can invest 19.81% of your capital in this trade. |
- 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.
38.07
-0.75 (-1.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-1.93%
1 Week0.11%
2 Weeks0.26%
1 Month2.37%
3 Month12.5%
6 Month25.69%
12 Month39.55%
2 Year108.03%
3 Year146.41%
5 Year112.92%
10 Year21.05%
15 Year169.43%
Volatility
ATR(14)0.77
ATR(20)%1.89%
ATR Inc27.53%
Range Today1.25
ADR(20)0.7
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.68
Mansfield1.01
10 Day High39.3
10 Day Low37.25
20 Day High39.3
20 Day Low36.53
52 Week High39.4
52 Week Low26.48
CS1 End37.35
CR1 Start38.12
Volume & EV
DER(3)0.73%
DER(5)1.99%
Volume78.30K
Volume Incr-16.73%
Vol(5)78.82K
Vol(50)120.88K