Technical Analysis for BLX - Banco Latinoamericano de Comercio Exterior, S.A.
|Grade||Last Price||% Change||Price Change|
BLX closed up 1.11 percent on Monday, June 26, 2017, on 53 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Trend Table & Recent Alerts
|Weak or Absent||Flat||Down||Down|
|See historical BLX trend table...|
|Date||Alert Name||Type||% Chg|
|Jun 26||200 DMA Resistance||Bearish||0.00%|
|Jun 26||NR7||Range Contraction||0.00%|
|Jun 23||50 DMA Resistance||Bearish||1.11%|
|Jun 23||200 DMA Resistance||Bearish||1.11%|
|Jun 22||200 DMA Resistance||Bearish||0.66%|
Get this analysis on your stocks daily!
Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio.
Banco Latinoamericano de Comercio Exterior, S.A. provides trade finance services to corporations, sovereign, middle-market companies, and banking and financial institutions in Latin America and the Caribbean. It operates in two segments, Commercial and Treasury. The company offers traditional trade finance products, including loans and revolving credit, short-term trade finance, commercial letters of credit, stand-by letters of credit, reimbursement undertakings, banker's acceptances, and discounted notes; structured finance products, such as guarantees of official export development programs, receivable financing by private insurance companies, and trade credit forfaiting or vendor finance; and syndicated structured financing and leasing services. It is also involved in the investments and hedging activities. The company was formerly known as Banco Latinoamericano de Exportaciones, S.A. and changed its name to Banco Latinoamericano de Comercio Exterior, S.A. in June 2009. Banco Latinoamericano de Comercio Exterior, S.A. was founded in 1977 and is headquartered in Panama, the Republic of Panama.
Is BLX a Buy, Sell or Hold?
|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 0 bullish, 2 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more BLX news...
|52 Week High||29.6808|
|52 Week Low||23.9893|
|200-Day Moving Average||27.5123|
|50-Day Moving Average||27.7114|
|20-Day Moving Average||27.649|
|10-Day Moving Average||27.717|
|Average True Range||0.6113|
|Chandelier Exit (Long, 3 ATRs)||27.1561|
|Chandelier Exit (Short, 3 ATRs)||28.6539|
|Upper Bollinger Band||28.6001|
|Lower Bollinger Band||26.6979|
|Percent B (%b)||0.38|
|MACD Signal Line||0.0243|