CIA SANEAMENTO BASICO DE-ADR (SBS)
US20441A1025 - ADR
Taking everything into account, SBS scores 6 out of 10 in our technical rating. In the last year, SBS was one of the better performers, but we do observe some doubts in the very recent evolution.
When comparing the yearly performance of all stocks, we notice that SBS is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, SBS also shows a nice and consistent pattern of rising prices.
SBS is part of the Water Utilities industry. There are 14 other stocks in this industry. SBS outperforms 100% of them.
SBS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SBS is performing more or less in line with the market.
In the last month SBS has a been trading in the 14.94 - 17.02 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Considerably lower volume is observed in the last couple of days.
SBS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.79. Right above this resistance zone may be a good entry point.
More info and screens
10.83
17.11
When analyzing the support we can see 4 important areas.
- Support @15.54 from a trend line in the daily time frame.
- A support zone ranging from 15.06 to 15.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.78 from a horizontal line in the daily time frame.
- Support @10.94 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 15.79 to 15.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.53 from a horizontal line in the daily time frame.
- A resistance zone ranging from 16.83 to 16.94. 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
CRS90.21
Mansfield0.75
10 Day High16.17
10 Day Low14.94
20 Day High17.02
20 Day Low14.94
52 Week High17.14
52 Week Low9.15
Performance
1 Week-0.95%
2 Weeks-0.19%
1 Month-5.3%
3 Month-0.95%
6 Month26.9%
12 Month68.38%
2 Year63.14%
3 Year104.29%
5 Year39.89%
10 Year60.47%
15 Year201.63%
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)-0.03
RSI(14)46.12
LBB15.21
UBB16.29
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 |
|---|---|---|---|
| 15.98 | 15.53 | 0.45 (2.82%) | 25.00% |
| An entry @15.98. This is a Buy Stop order right above the resistance zone. | An exit @15.53. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.45 points, which is 2.82%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SBS. Please evaluate whether better entry and exit points can be found.
- 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.
CIA SANEAMENTO BASICO DE-ADR
NYSE:SBS (5/2/2024, 7:18:15 PM)
After market: 15.71 0 (0%)15.71
+0.08 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg0.51%
1 Week-0.95%
2 Weeks-0.19%
1 Month-5.3%
3 Month-0.95%
6 Month26.9%
12 Month68.38%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.44
ATR(20)%2.66%
ATR Inc
Range Today0.4
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 High16.17
10 Day Low14.94
20 Day High17.02
20 Day Low14.94
52 Week High17.14
52 Week Low9.15
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume993.70K
Volume Incr-41.16%
Vol(5)599.98K
Vol(50)931.89K