Banco Santander Chile Technical Analysis (NYSE:BSAC)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The BSAC stock chart pattern can give those who understand technical analysis an indication of which way BSAC stock is headed, but cannot predict with 100% certainty as to what can happen to the Banco Santander Chile stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Banco Santander Chile. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Banco Santander Chile stock analysis.
Banco Santander Chile Moving Average
Moving averages show the BSAC stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $33.07 is below the price of $33.5.
Banco Santander Chile Bollinger Bands
Bollinger bands comprise of a center line usually BSAC SMA, and two BSAC stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of Banco Santander Chile bollinger bands.
Banco Santander Chile Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Banco Santander Chile MACD indicator is below 0 indicating a bearish trend.
Banco Santander Chile Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of BSAC stock is 47.78.