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 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BBDO is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
BBDO is part of the Banks industry. There are 395 other stocks in this industry. BBDO outperforms 88% of them.
BBDO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BBDO is performing more or less in line with the market.
In the last month BBDO has a been trading in the 2.10 - 2.56 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, BBDO did better than 89% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
BBDO has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.85
2.57
4 important support areas can be observed.
- A support zone ranging from 2.44 to 2.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.29 from a trend line in the daily time frame.
- A support zone ranging from 1.92 to 1.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.87 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.53 to 2.54. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for BBDO is up. |
| ChartMill Relative Strength | 89.94 | POSITIVE | BBDO has a high relative strength, it outperformed 89.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBDO is above the rising 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) | 68.49 | NEUTRAL | The RSI value for BBDO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BBDO has a negative trend. |
| Stochastics (14,3) | 88.69 | OVERBOUGHT | The high Stochastics value suggests BBDO may be overbought. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for BBDO suggests some volalility. |
| Average Directional Index/ADX (14) | 34.98 | POSITIVE | The high ADX value value for BBDO suggests a strong 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)
NYSE:BBDO (5/30/2025, 8:04:00 PM)
2.52
-0.01 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.4%
1 Week2.02%
2 Weeks3.7%
1 Month9.57%
3 Month34.04%
6 Month32.63%
12 Month13.51%
2 Year-3.08%
3 Year-27.79%
5 Year-14.97%
10 Year-57.05%
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%3.63%
ATR Inc-19.74%
Range Today0.09
ADR(20)0.07
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.94
Mansfield1.38
10 Day High2.56
10 Day Low2.37
20 Day High2.56
20 Day Low2.1
52 Week High2.64
52 Week Low1.71
CS1 End2.44
CR1 Start2.53
Volume & EV
DER(3)2.24%
DER(5)3.73%
Volume32.10K
Volume Incr-68.97%
Vol(5)26.40K
Vol(50)68.77K