Pick of the Day · May 18, 2026
As of close 2026-05-18

BAP

Credicorp Ltd.MOMENTUM BREAKOUT setup

Real picks. Real tracking. We bet on one stock daily and show you exactly how it plays out.

Entry Price
$303.86
Total Return
+0.00%
vs SPY
+0.00%
Current Price
$303.86
AI Confidence Score
72 /100
Engine-scored conviction, 0–100
Key Takeaways
  • Credicorp Ltd. (BAP) is the Signal52 Pick of the Day for 2026-05-18.
  • The engine scored it 72/100 confidence.
  • Setup type: momentum breakout.
  • Selection is as of the 2026-05-18 market close; performance is tracked on the public track record.

Executive Summary

Credicorp (BAP) has just validated its massive institutional accumulation with a blowout 1Q26 earnings report, delivering record net income that surged 16.1% year-over-year and pushed ROE to an impressive 21.1%. This fundamental catalyst perfectly aligns with the stock's explosive price action, where early discovery volume signaled aggressive positioning right before the headline news hit the wires. Operating in a firmly RISK_ON regime that aggressively rewards high-beta momentum and structural risk-taking, BAP is uniquely positioned to capitalize on its strong loan growth and expanding margins.

Technical Context
The Setup

Technical confirmation is anchored by a market-leading 18.5 score and an explosive 6.6x volume surge that initiated the momentum, while current price action maintains a firm support level at $303.86 despite resting 19.0% off its absolute 52-week highs.

Setup profileMOMENTUM BREAKOUTWhat these mean →
Invalidation — what would prove this wrong
The bullish thesis is immediately invalidated if BAP breaks and closes below the established structural support level of $303.86.
Runner-ups — considered, not selected
KW

High materiality take-private news, but upside is inherently capped by the tender offer price

Recent Performance History · 72 total picks · 48% win rate (7d)Full history →
DateTickerEntryLastGain/Loss7d30d60d
2026-05-15BAP$316.31$303.86-3.94%
2026-05-14CVLG$34.11$35.27+3.40%
2026-05-13BTI$65.35$66.35+1.53%
2026-05-12BTI$63.64$66.35+4.26%
2026-05-11WAFD$35.47$35.07-1.13%-1.13%
2026-05-08WAFD$35.55$35.07-1.35%-3.46%
2026-05-07KW$11.00$11.03+0.27%+0.09%
2026-05-06WAFD$35.64$35.07-1.60%-2.95%
2026-05-05WAFD$35.51$35.07-1.24%-0.96%
2026-05-04PKBK$30.28$30.48+0.66%+1.06%
Schema v1.0 | Pipeline v1.2.0