BANCO SANTANDER BRASIL-ADS (BSBR) Technical Analysis
NYSE:BSBR • US05967A1079
Current stock price
BSBR Technical Rating and Analysis
Overall BSBR gets a technical rating of 3 out of 10. Although BSBR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- BSBR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- When comparing the yearly performance of all stocks, we notice that BSBR is one of the better performing stocks in the market, outperforming 71% of all stocks. On top of that, BSBR also shows a nice and consistent pattern of rising prices.
- BSBR is one of the better performing stocks in the Banks industry, it outperforms 71% of 381 stocks in the same industry.
- BSBR has an average volume of 1058810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- BSBR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BSBR is lagging the market slightly.
BSBR Weekly and Daily overview Charts
BSBR Setup Rating and Analysis
BSBR has a poor technical rating and the quality of the setup is also 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
BSBR Support and Resistance Analysis
5.59
We found 1 important support area.
- A support zone ranging from 5.65 to 5.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.21 to 6.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.75 from a trend line in the daily time frame.
BSBR Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for BSBR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BSBR is down. |
| ChartMill Relative Strength | 71.68 | POSITIVE | BSBR has a high relative strength, it outperformed 71.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BSBR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BSBR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BSBR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.66 | NEUTRAL | The RSI value for BSBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BSBR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.38 | OVERSOLD | The low Stochastics value suggests BSBR may be oversold. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for BSBR suggests some volalility. |
| Average Directional Index/ADX (14) | 22.4 | NEUTRAL | The ADX value for BSBR suggests a possible start of a new trend. |
BSBR Chart- and CandleStick Pattern Analysis
BSBR Technicals: Chart, Performance Metrics, Trend & Indicators
5.76
+0.03 (+0.52%)
BANCO SANTANDER BRASIL-ADS / BSBR TA FAQ
What is the ChartMill technical rating of BANCO SANTANDER BRASIL-ADS (BSBR) stock?
ChartMill assigns a technical rating of 3 / 10 to BSBR.
What is the current trend direction of BANCO SANTANDER BRASIL-ADS (BSBR) stock?
The current trend direction for BANCO SANTANDER BRASIL-ADS (BSBR) is Bearish.
Can you provide the RSI signal for BANCO SANTANDER BRASIL-ADS?
BANCO SANTANDER BRASIL-ADS (BSBR) has an RSI value of 36.6553. This indicates that the stock is currently neutral.
What is the buy/sell signal for BANCO SANTANDER BRASIL-ADS (BSBR) stock?
The buy/sell signal for BANCO SANTANDER BRASIL-ADS (BSBR) is sell as both the short term and long term trends are negative.
What is the support and resistance level for BSBR stock?
BANCO SANTANDER BRASIL-ADS (BSBR) has a support level at 5.74 and a resistance level at 6.21. Check the full technical report for our detailed analysis of BSBR support and resistance levels.