BANCO BRADESCO-ADR (BBDO) Stock Technical Analysis
NYSE:BBDO - New York Stock Exchange, Inc. - US0594604029 - ADR - Currency: USD
Overall BBDO gets a technical rating of 7 out of 10. In the last year, BBDO was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month BBDO has a been trading in the 2.51 - 2.88 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
BBDO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BBDO is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that BBDO is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this relatively good performance is mostly due to a recent big move.
BBDO is part of the Banks industry. There are 394 other stocks in this industry, BBDO did better than 68% of them.
Besides having an excellent technical rating, BBDO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.53, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.90
2.75
3 important support areas can be observed.
- A support zone ranging from 2.49 to 2.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.97 from a trend line in the daily time frame.
- Support @1.92 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @2.58 from a trend line in the daily time frame.
- A resistance zone ranging from 2.65 to 2.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BBDO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BBDO is neutral. |
| ChartMill Relative Strength | 81.82 | POSITIVE | BBDO has a high relative strength, it outperformed 81.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BBDO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBDO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBDO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.61 | NEUTRAL | The RSI value for BBDO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BBDO has a negative trend. |
| Stochastics (14,3) | 18.74 | OVERSOLD | The low Stochastics value suggests BBDO may be oversold. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for BBDO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.17 | NEGATIVE | The low ADX value for BBDO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.59 | 2.50 | 0.09 (3.47%) | 25.00% |
| An entry @2.59. This is a Buy Stop order right above the resistance zone. | An exit @2.50. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.09 points, which is 3.47%. | For a 0.87% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BBDO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:BBDO (7/11/2025, 8:04:00 PM)
2.57
+0.01 (+0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.39%
1 Week-2.65%
2 Weeks-3.75%
1 Month-1.91%
3 Month29.15%
6 Month46.86%
12 Month19.72%
2 Year-16.83%
3 Year-6.38%
5 Year-28.25%
10 Year-53.76%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%4.6%
ATR Inc-33.88%
Range Today0.06
ADR(20)0.11
ADR(20)%4.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.82
Mansfield0.85
10 Day High2.88
10 Day Low2.51
20 Day High2.88
20 Day Low2.51
52 Week High2.88
52 Week Low1.71
CS1 End2.53
CR1 Start2.58
Volume & EV
DER(3)-5.36%
DER(5)-0.69%
Volume12.90K
Volume Incr11.46%
Vol(5)42.78K
Vol(50)59.01K