Chile Retail Sales' Unexpected November Decline
Chile experienced an apparently unanticipated decline in retail sales in November. On a year-over-year basis, Chile Retail Sales real index dropped -0.8% - the sharpest decline in four years, according to data from the national statistics agency. A Bloomberg survey’s median forecast for November sales in Chile was a +1.8% gain.
November’s decline also marks a reversal from October’s +7.5% increase in Chilean retail sales. The nation’s sales of electronics, pharmacy, cosmetics and personal hygiene goods and fuel dropped in November, while automobile sales slowed sharply.
ECH's RSI Indicator leaves overbought zone
The 10-day RSI Oscillator for ECH moved out of overbought territory on May 16, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 46 instances where the indicator moved out of the overbought zone. In of the 46 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for ECH turned negative on May 22, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ECH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 66 cases where ECH's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on June 11, 2025. You may want to consider a long position or call options on ECH as a result. In of 75 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ECH advanced for three days, in of 368 cases, the price rose further within the following month. The odds of a continued upward trend are .
ECH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 274 cases where ECH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
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