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 1 out of 10. BSBR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month BSBR has a been trading in the 5.49 - 6.69 range, which is quite wide. It is currently trading near the lows of this range.
- BSBR has an average volume of 1116420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, BSBR outperforms 65% of them, which is more or less in line with the market.
- BSBR is part of the Banks industry. There are 380 other stocks in this industry, BSBR did better than 53% of them.
- 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
Although the technical rating is bad, BSBR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.56, a Stop Loss order could be placed below this zone.
More info and screens
BSBR Support and Resistance Analysis
5.47
When analyzing the support we notice one important area.
- A support zone ranging from 5.53 to 5.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 5.80 to 5.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.69 from a trend line in the daily time frame.
- Resistance @7.20 from a horizontal 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 | 65.47 | NEUTRAL | BSBR is not amongst the best or worst performers 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) | 41.81 | NEUTRAL | The RSI value for BSBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BSBR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.59 | NEUTRAL | The Stochastics value for BSBR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for BSBR suggests some volalility. |
| Average Directional Index/ADX (14) | 22.41 | 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
5.79
+0.1 (+1.76%)
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 1 / 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 41.8083. 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 5.56 and a resistance level at 5.8. Check the full technical report for our detailed analysis of BSBR support and resistance levels.