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 in -1.02% downward trend, sliding for three consecutive days on June 23, 2025
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where ECH declined for three days, in of 284 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The 10-day moving average for ECH crossed bearishly below the 50-day moving average on June 24, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
The Aroon Indicator for ECH entered a downward trend on July 01, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ECH's RSI Oscillator exited the oversold zone, of 32 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 30, 2025. You may want to consider a long position or call options on ECH as a result. In of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for ECH just turned positive on June 30, 2025. Looking at past instances where ECH's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
ECH moved above its 50-day moving average on June 30, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ECH advanced for three days, in of 366 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.
Industry description
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General Information
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