Financial Technology

Financial Technology - INDUSTRY NEWS

Share

TMCNet:  Credicorp Has Returned 28.8% Since SmarTrend Recommendation (BAP)

[February 04, 2013]

Credicorp Has Returned 28.8% Since SmarTrend Recommendation (BAP)

Feb 04, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Credicorp (NYSE:BAP) on August 17th, 2012 at $118.11. In approximately 6 months, Credicorp has returned 28.85% as of today's recent price of $152.18.
Story continues below ↓

Credicorp share prices have moved between a 52-week high of $160.35 and a 52-week low of $110.15 and are now trading 38% above that low price at $152.18 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.5%.

Credicorp Limited is a holding company for Banco de Credito del Peru, El Pacifico-Peruano Suiza Insurance Company and Atlantic Security Holding Corporation, among others. Credicorp provides a full range of financial services including commercial banking, corporate finance, brokerage services, asset management, trust and insurance.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Credicorp shares.Log in and add Credicorp (BAP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

[ Back To Financial Technology's Homepage ]