Banco Santander Brasil SA Technical Analysis (NYSE:BSBR)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Banco Santander Brasil SA stock price data and volume are plotted in BSBR stock charts and these trading charts form the basis of technical analysis.
See Banco Santander Brasil SA bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Banco Santander Brasil SA stock analysis that does not care for the fair value of a company but uses price and volume data only.
Banco Santander Brasil SA Moving Average
Moving averages help predict the price direction of BSBR stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $7.73 is below the price of $8.42.
Banco Santander Brasil SA Bollinger Bands
Bollinger bands comprise of a center line usually BSBR SMA, and two BSBR stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Banco Santander Brasil SA bollinger bands show that the stock price is $8.42, upper band is 8.23, lower band is 7.22, and the average is 7.73.
Banco Santander Brasil SA Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Banco Santander Brasil SA MACD indicator is above 0 indicating a bullish trend.
Banco Santander Brasil SA Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of BSBR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.