BANCO BRADESCO-ADR (BBDO)
US0594604029 - ADR
Taking everything into account, BBDO scores 0 out of 10 in our technical rating. BBDO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
87% of all other stocks performed better in the past year than BBDO.
BBDO is one of the lesser performing stocks in the Banks industry. 97% of 404 stocks in the same industry do better.
BBDO 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.
BBDO 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.
Warning: BBDO has an average volume of 17100 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Although the technical rating is bad, BBDO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.03, a Stop Loss order could be placed below this zone.
More info and screens
1.98
2.70
We found 1 important support area.
- A support zone ranging from 2.00 to 2.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.17 to 2.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.35 to 2.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.46 from a horizontal line in the daily time frame.
- Resistance @2.56 from a horizontal line in the weekly time frame.
- Resistance @2.67 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.84
Mansfield-2.19
10 Day High2.21
10 Day Low2.06
20 Day High2.35
20 Day Low2.06
52 Week High3.21
52 Week Low1.95
Performance
1 Week2.62%
2 Weeks0.7%
1 Month-5.46%
3 Month-16.73%
6 Month-5.87%
12 Month-25.34%
2 Year-15.68%
3 Year-22.93%
5 Year-63.77%
10 Year-74.8%
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)0.01
RSI(14)44.72
LBB2.08
UBB2.2
BANCO BRADESCO-ADR
NYSE:BBDO (11/20/2024, 8:08:37 PM)
2.165
+0.02 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.17%
1 Week2.62%
2 Weeks0.7%
1 Month-5.46%
3 Month-16.73%
6 Month-5.87%
12 Month-25.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%3.29%
ATR Inc
Range Today0.04
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 High2.21
10 Day Low2.06
20 Day High2.35
20 Day Low2.06
52 Week High3.21
52 Week Low1.95
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.60K
Volume Incr-29.83%
Vol(5)16.62K
Vol(50)17.10K