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Shares of BAP Up 31.0% Since Uptrend Call on Shares
Jan 11, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Credicorp (NYSE:BAP) on August 17th, 2012 at $118.11. In approximately 5 months, Credicorp has returned 31.04% as of today's recent price of $154.76.
Over the past year, Credicorp has traded in a range of $104.75 to $155.50 and is now at $153.62, 47% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.5%.
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
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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
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