CENTRAIS ELETRICAS BR-SP ADR (EBR)

US15234Q2075 - ADR

7.78  +0.15 (+1.97%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to EBR. EBR 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
EBR has an average volume of 1079860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, EBR turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
EBR is part of the Electric Utilities industry. There are 45 other stocks in this industry, EBR did better than 68% of them.
EBR 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 is lagging the market slightly.
In the last month EBR has a been trading in the 7.05 - 8.37 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 Weekly chart
EBR Daily chart
Setup Rating and Analysis

3

The technical rating of EBR 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

7.09

8.98

We found 2 important support areas.

  • A support zone ranging from 7.33 to 7.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 7.16 to 7.19. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 7.79 to 7.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 8.02 to 8.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @8.64 from a trend line in the weekly time frame.
  • A resistance zone ranging from 8.88 to 8.89. 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
CRS49.35
Mansfield-1.07
10 Day High7.93
10 Day Low7.05
20 Day High8.37
20 Day Low7.05
52 Week High9.11
52 Week Low6.45
Performance
1 Week5.28%
2 Weeks5.99%
1 Month-4.42%
3 Month-5.24%
6 Month3.32%
12 Month12.75%
2 Year-11.49%
3 Year-6.04%
5 Year-11.09%
10 Year266.98%
15 Year-30.41%
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)0.07
RSI(14)52.99
LBB7.06
UBB7.69
EBR Daily chart

CENTRAIS ELETRICAS BR-SP ADR

NYSE:EBR (5/3/2024, 7:04:00 PM)

7.78

+0.15 (+1.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg1.97%
1 Week5.28%
2 Weeks5.99%
1 Month-4.42%
3 Month-5.24%
6 Month3.32%
12 Month12.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.19
ATR(20)%2.8%
ATR Inc
Range Today0.17
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 High7.93
10 Day Low7.05
20 Day High8.37
20 Day Low7.05
52 Week High9.11
52 Week Low6.45
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.01M
Volume Incr-36.92%
Vol(5)891.54K
Vol(50)1.08M