Our Analysis of Credicorp Ltd. ($BAP) (2019-11-08)

REPORTING FOR 2019-11-08 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how BAP has been trading over the last 2 weeks and the past day especially. On its latest session, Credicorp Ltd. ($BAP) opened at 213.9, reaching a high of 217.52 and a low of 213.3325 before closing at a price of 217.33. There was a total volume of 314566.

VOLUME INDICATORS FOR CREDICORP LTD. ($BAP): We saw an accumulation-distribution index of 1073.04488, an on-balance volume of -212.52, chaikin money flow of 1.31354 and a force index of 14.90888. There was an ease of movement rating of 0.01723, a volume-price trend of -0.1551 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR CREDICORP LTD. ($BAP): We noted an average true range of 2.64515, bolinger bands of 216.16885, an upper bollinger band of 207.39365, lower bollinger band of 213.3325, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 214.9175, high band keltner channel of 211.2975, low band keltner channel of 218.5375, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 213.3325, a donchian channel low band of 213.3325, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR CREDICORP LTD. ($BAP): We calculated a Moving Average Convergence Divergence (MACD) of -0.06961, a MACD signal of -0.03867, a MACD difference of -0.03094, a fast Exponential Moving Average (EMA) indicator of 213.3325, a slow Exponential Moving Average (EMA) indicator of 213.3325, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.26709, a trix of 1.32463, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 0.22217, a KST Oscillator (KST) of -1.04036 and a KST Oscillator (KST Signal) of -1.04036 (leaving a KST difference of -3.63197). We also found an Ichimoku rating of 215.71, an Ichimoku B rating of 215.71, a Ichimoku visual trend A of 215.48868, an Ichimoku visual trend B of 214.0152, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR CREDICORP LTD. ($BAP): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 25.41614, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -64.33747, a stochastic oscillator of 115.6768, a stochastic oscillator signal of 115.6768, a Williams %R rating of 15.6768 and an awesome oscillator of -0.132.

RETURNS FOR CREDICORP LTD. ($BAP): There was a daily return of -0.10404, a daily log return of -1.46498 and a cumulative return of -1.4543.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-08 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Credicorp Ltd. ($BAP)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Credicorp Ltd. ($BAP) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com

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