BANCO SANTANDER BRASIL-ADS (BSBR) Stock Technical Analysis
USA - NYSE:BSBR - US05967A1079 - ADR
Overall BSBR gets a technical rating of 8 out of 10. Both in the recent history as in the last year, BSBR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although BSBR has an excellent technical rating, the quality of the presented setup is 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
4.87
We found 4 important support areas.
- A support zone ranging from 5.48 to 5.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.31 to 5.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.06 to 5.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.92 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.54 to 5.60. 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 BSBR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSBR is up. |
| ChartMill Relative Strength | 77.27 | POSITIVE | BSBR has a high relative strength, it outperformed 77.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BSBR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BSBR is above the rising 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) | 59.9 | 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. |
| Stochastics (14,3) | 89.2 | OVERBOUGHT | The high Stochastics value suggests BSBR may be overbought. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for BSBR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.7 | NEGATIVE | The low ADX value for BSBR suggests a weak or negative trend. |
5.53
+0.1 (+1.84%)
BANCO SANTANDER BRASIL-ADS / BSBR FAQ
What is the ChartMill technical rating of BANCO SANTANDER BRASIL-ADS (BSBR) stock?
ChartMill assigns a technical rating of 8 / 10 to BSBR.
What is the trend direction for BSBR stock?
The current trend direction for BANCO SANTANDER BRASIL-ADS (BSBR) is Bullish.
What is the RSI signal for BSBR stock?
BANCO SANTANDER BRASIL-ADS (BSBR) has an RSI value of 59.9006. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for BANCO SANTANDER BRASIL-ADS?
The buy/sell signal for BANCO SANTANDER BRASIL-ADS (BSBR) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for BANCO SANTANDER BRASIL-ADS?
BANCO SANTANDER BRASIL-ADS (BSBR) has a support level at 5.51 and a resistance level at 5.54. Check the full technical report for our detailed analysis of BSBR support and resistance levels.