BAP
Credicorp Ltd.MOMENTUM BREAKOUT setupReal picks. Real tracking. We bet on one stock daily and show you exactly how it plays out.
- Credicorp Ltd. (BAP) is the Signal52 Pick of the Day for 2026-05-18.
- Framed as a 7-day tactical idea: performance is measured against the S&P 500 at the 7-day mark.
- 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 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.
High materiality take-private news, but upside is inherently capped by the tender offer price
| Date | Ticker | Entry | Last | Gain/Loss | 7d | 30d | 60d |
|---|---|---|---|---|---|---|---|
| 2026-05-15 | BAP | $316.31 | $303.86 | -3.94% | — | — | — |
| 2026-05-14 | CVLG | $34.11 | $35.27 | +3.40% | — | — | — |
| 2026-05-13 | BTI | $65.35 | $66.35 | +1.53% | — | — | — |
| 2026-05-12 | BTI | $63.64 | $66.35 | +4.26% | — | — | — |
| 2026-05-11 | WAFD | $35.47 | $35.07 | -1.13% | -1.13% | — | — |
| 2026-05-08 | WAFD | $35.55 | $35.07 | -1.35% | -3.46% | — | — |
| 2026-05-07 | KW | $11.00 | $11.03 | +0.27% | +0.09% | — | — |
| 2026-05-06 | WAFD | $35.64 | $35.07 | -1.60% | -2.95% | — | — |
| 2026-05-05 | WAFD | $35.51 | $35.07 | -1.24% | -0.96% | — | — |
| 2026-05-04 | PKBK | $30.28 | $30.48 | +0.66% | +1.06% | — | — |