BANCO SANTANDER BRASIL-ADS (BSBR) Technical Analysis
NYSE:BSBR • US05967A1079
Current stock price
BSBR Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to BSBR. In the last year, BSBR was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- BSBR is part of the Banks industry. There are 376 other stocks in this industry, of which 69% are performing better than BSBR.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- BSBR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When comparing the performance of all stocks over the past year, BSBR turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
- BSBR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BSBR is lagging the market.
BSBR Weekly and Daily overview Charts
BSBR Setup Rating and Analysis
BSBR has an average technical rating and the quality of the presented setup is also not ideal 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
5.47
2 important support areas can be observed.
- A support zone ranging from 5.66 to 5.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.53 to 5.53. 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 6.33 to 6.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.46 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 | UP | POSITIVE | The long term trend for BSBR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BSBR is neutral. |
| ChartMill Relative Strength | 51.93 | NEUTRAL | BSBR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BSBR is above the rising 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) | 48.75 | NEUTRAL | The RSI value for BSBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BSBR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.82 | NEUTRAL | The Stochastics value for BSBR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for BSBR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.42 | NEGATIVE | The low ADX value for BSBR suggests a weak or negative trend. |
BSBR Chart- and CandleStick Pattern Analysis
BSBR Technicals: Chart, Performance Metrics, Trend & Indicators
6.15
-0.06 (-0.97%)
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 4 / 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 Bullish.
What is the RSI signal for BANCO SANTANDER BRASIL-ADS (BSBR) stock?
BANCO SANTANDER BRASIL-ADS (BSBR) has an RSI value of 48.7509. This indicates that the stock is currently neutral.
What is the short term momentum for BSBR stock?
The short term momentum for BANCO SANTANDER BRASIL-ADS (BSBR) is neutral.