SUZANO SA - SPON ADR (SUZ)

US86959K1051 - ADR

11.75  +0.09 (+0.77%)

After market: 11.75 0 (0%)

Technical Rating and Analysis

8

Taking everything into account, SUZ scores 8 out of 10 in our technical rating. In the last year, SUZ was one of the better performers, but we do observe some doubts in the very recent evolution.

SUZ is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, SUZ did better than 84% of all other stocks. We also observe that the gains produced by SUZ over the past year are nicely spread over this period.
SUZ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SUZ is lagging the market slightly.
SUZ has an average volume of 1371730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SUZ is part of the Paper & Forest Products industry. There are 9 other stocks in this industry, SUZ did better than 50% of them.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SUZ Weekly chart
SUZ Daily chart
Setup Rating and Analysis

3

Although SUZ has an excellent technical rating, it does not present a decent entry opportunity 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

9.89

13.02

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 11.57 to 11.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 11.19 to 11.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 10.72 to 10.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 10.21 to 10.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @9.99 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 12.79 to 12.89. 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
CRS84.37
Mansfield-0.13
10 Day High11.86
10 Day Low11.14
20 Day High12.54
20 Day Low11.14
52 Week High12.98
52 Week Low8.68
Performance
1 Week2.26%
2 Weeks0.17%
1 Month-5.09%
3 Month10.23%
6 Month5.95%
12 Month36.31%
2 Year5.19%
3 Year-0.93%
5 Year44.44%
10 YearN/A
15 YearN/A
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)49.22
LBB11.27
UBB11.93
SUZ Daily chart

SUZANO SA - SPON ADR

NYSE:SUZ (5/6/2024, 7:04:00 PM)

After market: 11.75 0 (0%)

11.75

+0.09 (+0.77%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg0.77%
1 Week2.26%
2 Weeks0.17%
1 Month-5.09%
3 Month10.23%
6 Month5.95%
12 Month36.31%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.22
ATR(20)%1.89%
ATR Inc
Range Today0.19
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 High11.86
10 Day Low11.14
20 Day High12.54
20 Day Low11.14
52 Week High12.98
52 Week Low8.68
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume758.40K
Volume Incr-30.97%
Vol(5)800.38K
Vol(50)1.37M