Is Credicorp Ltd. technically bullish or bearish?
As of April 24, 2025, Credicorp Ltd. is in a bullish trend supported by strong technical indicators, despite a bearish RSI on the monthly timeframe, and has significantly outperformed the S&P 500 year-to-date with a return of 42.87% compared to 12.22%.
As of 24 April 2025, the technical trend for Credicorp Ltd. has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both weekly and monthly time frames, and moving averages are bullish on a daily basis. Additionally, the KST and Dow Theory are both bullish on weekly and monthly time frames. The Bollinger Bands indicate a mildly bullish stance weekly and bullish monthly. However, the RSI shows a bearish signal on the monthly timeframe, which slightly tempers the overall bullish outlook.In terms of performance, Credicorp has outperformed the S&P 500 significantly year-to-date with a return of 42.87% compared to the S&P 500's 12.22%, and over the past year, it has returned 45.17% against the S&P 500's 17.14%.
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