BANCO BRADESCO-ADR (BBD) Stock Technical Analysis
NYSE:BBD - New York Stock Exchange, Inc. - US0594603039 - ADR - Currency: USD
Taking everything into account, BBD scores 2 out of 10 in our technical rating. In the past year, BBD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BBD is a bad performer in the overall market: 85% of all stocks are doing better.
BBD is part of the Banks industry. There are 405 other stocks in this industry, of which 96% are performing better than BBD.
BBD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BBD has an average volume of 45695000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BBD has a been trading in the 1.92 - 2.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BBD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.82
2.89
We found 2 important support areas.
- Support @2.05 from a trend line in the daily time frame.
- A support zone ranging from 1.84 to 1.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 2.10 to 2.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.17 to 2.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.24 from a horizontal line in the daily time frame.
- Resistance @2.40 from a trend line in the weekly time frame.
- Resistance @2.86 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.72
Mansfield-2.09
10 Day High2.21
10 Day Low2.01
20 Day High2.23
20 Day Low1.92
52 Week High2.98
52 Week Low1.84
Performance
1 Week0%
2 Weeks-6.28%
1 Month7.73%
3 Month-12.18%
6 Month-27.43%
12 Month-24.82%
2 Year-17.39%
3 Year-40.44%
5 Year-62.7%
10 Year-69.61%
15 Year-74.54%
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)50.34
LBB2.06
UBB2.22
2.09
-0.04 (-1.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.88%
1 Week0%
2 Weeks-6.28%
1 Month7.73%
3 Month-12.18%
6 Month-27.43%
12 Month-24.82%
2 Year-17.39%
3 Year-40.44%
5 Year-62.7%
10 Year-69.61%
15 Year-74.54%
Volatility
ATR(14)0.08
ATR(20)%3.63%
ATR Inc-42.14%
Range Today0.04
ADR(20)0.06
ADR(20)%3.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.72
Mansfield-2.09
10 Day High2.21
10 Day Low2.01
20 Day High2.23
20 Day Low1.92
52 Week High2.98
52 Week Low1.84
CS1 End2.05
CR1 Start2.1
Volume & EV
DER(3)1.56%
DER(5)1.07%
Volume36.68M
Volume Incr-22.61%
Vol(5)40.17M
Vol(50)45.70M