ITAU UNIBANCO H-SPON PRF ADR (ITUB) Stock Technical Analysis
NYSE:ITUB - New York Stock Exchange, Inc. - US4655621062 - ADR - Currency: USD
We assign a technical rating of 9 out of 10 to ITUB. Both in the recent history as in the last year, ITUB has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
ITUB is one of the better performing stocks in the Banks industry, it outperforms 72% of 397 stocks in the same industry.
ITUB is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ITUB slightly outperforms the market at the moment.
ITUB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ITUB has an average volume of 24575500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ITUB did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, ITUB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for ITUB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.18
6.38
2 important support areas can be observed.
- Support @5.49 from a trend line in the daily time frame.
- Support @5.23 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.20 to 6.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.32 to 6.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.55
Mansfield1.26
10 Day High6.37
10 Day Low6.01
20 Day High6.37
20 Day Low5.12
52 Week High6.37
52 Week Low4.42
Performance
1 Week-3.33%
2 Weeks2.01%
1 Month16.41%
3 Month14.7%
6 Month9.82%
12 Month5.84%
2 Year30.54%
3 Year22.45%
5 Year57.88%
10 Year-5.93%
15 Year-45.33%
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
RSI(14)62.16
LBB5.67
UBB6.49
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.22 | 6.00 | 0.22 (3.46%) | 25.00% |
| An entry @6.22. This is a Buy Stop order right above the resistance zone. | An exit @6.00. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.22 points, which is 3.46%. | For a 0.87% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
6.1
-0.01 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.16%
1 Week-3.33%
2 Weeks2.01%
1 Month16.41%
3 Month14.7%
6 Month9.82%
12 Month5.84%
2 Year30.54%
3 Year22.45%
5 Year57.88%
10 Year-5.93%
15 Year-45.33%
Volatility
ATR(14)0.13
ATR(20)%2.4%
ATR Inc-32.13%
Range Today0.07
ADR(20)0.14
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.55
Mansfield1.26
10 Day High6.37
10 Day Low6.01
20 Day High6.37
20 Day Low5.12
52 Week High6.37
52 Week Low4.42
CS1 End5.49
CR1 Start6.2
Volume & EV
DER(3)3.45%
DER(5)4.7%
Volume17.17M
Volume Incr-35.69%
Vol(5)18.98M
Vol(50)24.58M