CENTRAIS ELETRICAS BR-SP ADR (EBR) Technical Analysis
NYSE:EBR • US15234Q2075
Current stock price
11.03 USD
+0.11 (+1.01%)
At close:
11.15 USD
+0.12 (+1.09%)
After Hours:
EBR Technical Rating and Analysis
Overall EBR gets a technical rating of 10 out of 10. Both in the recent history as in the last year, EBR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that EBR is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, EBR also shows a nice and consistent pattern of rising prices.
- EBR is one of the better performing stocks in the Electric Utilities industry, it outperforms 97% of 46 stocks in the same industry.
- EBR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so EBR is leading the market.
- In the last month EBR has a been trading in the 9.42 - 11.27 range, which is quite wide. It is currently trading near the high of this range.
- EBR has an average volume of 1999820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
EBR Weekly and Daily overview Charts
EBR Setup Rating and Analysis
Although EBR has an excellent technical rating, it 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.
More info and screens
EBR Support and Resistance Analysis
6.73
11.14
When analyzing the support we can see 5 important areas.
- A support zone ranging from 10.47 to 10.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.44 to 9.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.38 from a trend line in the weekly time frame.
- Support @7.20 from a trend line in the daily time frame.
- Support @6.80 from a horizontal line in the daily time frame.
EBR 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 EBR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EBR is up. |
| ChartMill Relative Strength | 93.76 | POSITIVE | EBR has a high relative strength, it outperformed 93.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EBR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EBR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EBR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.64 | OVERBOUGHT | The high RSI value suggests EBR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests EBR has a positive trend. |
| Stochastics (14,3) | 82.13 | OVERBOUGHT | The high Stochastics value suggests EBR may be overbought. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for EBR suggests some volalility. |
| Average Directional Index/ADX (14) | 38.2 | POSITIVE | The high ADX value value for EBR suggests a strong trend. |
EBR Chart- and CandleStick Pattern Analysis
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)
EBR Technicals: Chart, Performance Metrics, Trend & Indicators
11.03
+0.11 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg1.01%
1 Week6.57%
2 Weeks10.19%
1 Month16.72%
3 Month35.01%
6 Month43.62%
12 Month77.33%
2 Year33.21%
3 Year23.1%
5 Year90.17%
10 Year560.48%
15 Year-15.67%
Volatility
ATR(14)0.21
ATR(20)%2.08%
ATR Inc132.02%
Range Today0.34
ADR(20)0.19
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.76
3 months CRS93.49
6 months CRS89.35
Mansfield3.53
10 Day High11.27
10 Day Low10.04
20 Day High11.27
20 Day Low9.42
52 Week High11.27
52 Week Low5.45
CS1 End10.49
CR1 StartN/A
Volume & EV
DER(3)-1.45%
DER(5)-0.62%
Volume2.19M
Volume Incr26.35%
Vol(5)2.52M
Vol(50)2.00M
CENTRAIS ELETRICAS BR-SP ADR / EBR TA FAQ
What is the ChartMill technical rating of CENTRAIS ELETRICAS BR-SP ADR (EBR) stock?
ChartMill assigns a technical rating of 10 / 10 to EBR.
What is the trend direction for EBR stock?
The current trend direction for CENTRAIS ELETRICAS BR-SP ADR (EBR) is Bullish.
Can you provide the RSI signal for CENTRAIS ELETRICAS BR-SP ADR?
CENTRAIS ELETRICAS BR-SP ADR (EBR) has an RSI value of 77.6393. This indicates that the stock is currently overbought.
What is the MACD signal for CENTRAIS ELETRICAS BR-SP ADR (EBR) stock?
The MACD indicator for CENTRAIS ELETRICAS BR-SP ADR (EBR) has a value of 0.0504375, indicating a bearish trend.
Can you provide the buy/sell signal for CENTRAIS ELETRICAS BR-SP ADR?
The buy/sell signal for CENTRAIS ELETRICAS BR-SP ADR (EBR) is buy as both the short term and long term trends are positive.