NYSE:BSBR - US05967A1079 - ADR
We assign a technical rating of 5 out of 10 to BSBR. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BSBR is a bad performer.
BSBR has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
4.63
We found 2 important support areas.
2 important resistance areas can be observed.
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 | UP | POSITIVE | The short term trend for BSBR is up. |
ChartMill Relative Strength | 21.69 | NEGATIVE | BSBR has a low relative strength, it was outperformed by 78.31% off all stocks 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 | MIXED | The current price of BSBR is above 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) | 58.68 | NEUTRAL | The RSI value for BSBR is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BSBR has a positive trend. |
Stochastics (14,3) | 88.67 | OVERBOUGHT | The high Stochastics value suggests BSBR may be overbought. |
Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for BSBR suggests some volalility. |
Average Directional Index/ADX (14) | 15.32 | NEGATIVE | The low ADX value for BSBR suggests a weak or negative trend. |
5.12
+0.02 (+0.39%)