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TMCNet:  Credicorp Has Returned 17.2% Since SmarTrend Recommendation (BAP)

[November 21, 2012]

Credicorp Has Returned 17.2% Since SmarTrend Recommendation (BAP)

Nov 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Credicorp (NYSE:BAP) on August 17th, 2012 at $118.11. In approximately 3 months, Credicorp has returned 17.22% as of today's recent price of $138.44.

In the past 52 weeks, Credicorp share prices have been bracketed by a low of $98.90 and a high of $140.45 and are now at $138.44, 40% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.7%.

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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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