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TMCNet:  17.6% Return Seen to Date on SmarTrend Credicorp Call (BAP)

[November 28, 2012]

17.6% Return Seen to Date on SmarTrend Credicorp Call (BAP)

Nov 28, 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 17.58% as of today's recent price of $138.87.

Over the past year, Credicorp has traded in a range of $101.68 to $141.42 and is now at $138.87, 37% above that low. Over the last five market days, 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 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

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