CENTRAIS ELEC BRAS-ADR PREF (EBR.B)

US15234Q1085 - ADR

8.55  +0.18 (+2.15%)

Technical Rating and Analysis

1

Taking everything into account, EBR.B scores 1 out of 10 in our technical rating. EBR.B 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.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
Warning: EBR.B has an average volume of 11064 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
EBR.B is one of the better performing stocks in the Electric Utilities industry, it outperforms 79% of 45 stocks in the same industry.
When comparing the performance of all stocks over the past year, EBR.B turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
EBR.B 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 EBR.B is lagging the market slightly.
In the last month EBR.B has a been trading in the 8.01 - 9.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
EBR.B Weekly chart
EBR.B Daily chart
Setup Rating and Analysis

3

The technical rating of EBR.B is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

7.94

9.90

2 important support areas can be observed.

  • A support zone ranging from 8.22 to 8.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 8.02 to 8.07. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 8.56 to 8.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 9.71 to 9.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.38
Mansfield-1.2
10 Day High8.96
10 Day Low8.01
20 Day High9.39
20 Day Low8.01
52 Week High10.05
52 Week Low7.19
Performance
1 Week3.89%
2 Weeks-0.47%
1 Month-7.57%
3 Month-8.42%
6 Month10.18%
12 Month20.25%
2 Year1.06%
3 Year23.73%
5 Year-3.39%
10 Year94.32%
15 Year-19.87%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)45.27
LBB7.75
UBB9.15
EBR.B Daily chart

CENTRAIS ELEC BRAS-ADR PREF

NYSE:EBR.B (4/26/2024, 7:04:00 PM)

8.55

+0.18 (+2.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg2.15%
1 Week3.89%
2 Weeks-0.47%
1 Month-7.57%
3 Month-8.42%
6 Month10.18%
12 Month20.25%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.33
ATR(20)%3.79%
ATR Inc
Range Today0.77
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.96
10 Day Low8.01
20 Day High9.39
20 Day Low8.01
52 Week High10.05
52 Week Low7.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume15.10K
Volume Incr51.65%
Vol(5)12.42K
Vol(50)11.06K