Londinia Opportunities Analyses - 09/22/2022 (GMT) BANCO SANTANDER BRASIL SA ADS - 1H
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 6.05 USD
My targets
6.16 USD (+0.98%)
6.53 USD (+7.05%)
My analysis
The bullish trend is currently very strong on BANCO SANTANDER BRASIL SA ADS. As long as the price remains above the support at 6.05 USD, you could try to benefit from the boom. The first bullish objective is located at 6.16 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 6.53 USD as an objective. Crossing it would then enable buyers to target 7.04 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The BANCO SANTANDER BRASIL SA ADS price is 6.10 USD. The price registered an increase of +1.50% on the session and was traded between 5.96 USD and 6.13 USD over the period. The price is currently at +2.35% from its lowest and -0.49% from its highest.5.96
6.13
6.10
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of BANCO SANTANDER BRASIL SA ADS indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.82 | 5.92 | 6.05 | 6.10 | 6.16 | 6.53 | 7.04 |
| Change (%) | -4.59% | -2.95% | -0.82% | - | +0.98% | +7.05% | +15.41% |
| Change | -0.28 | -0.18 | -0.05 | - | +0.06 | +0.43 | +0.94 |
| Level | Intermediate | Major | Intermediate | - | Minor | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.72 | 5.82 | 5.92 | 6.02 | 6.12 | 6.22 | 6.32 |
| Camarilla | 5.96 | 5.97 | 5.99 | 6.01 | 6.03 | 6.05 | 6.07 |
| Woodie | 5.71 | 5.82 | 5.91 | 6.02 | 6.11 | 6.22 | 6.31 |
| Fibonacci | 5.82 | 5.90 | 5.95 | 6.02 | 6.10 | 6.15 | 6.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.04 | 5.33 | 5.50 | 5.79 | 5.96 | 6.25 | 6.42 |
| Camarilla | 5.55 | 5.60 | 5.64 | 5.68 | 5.72 | 5.76 | 5.81 |
| Woodie | 4.99 | 5.30 | 5.45 | 5.76 | 5.91 | 6.22 | 6.37 |
| Fibonacci | 5.33 | 5.50 | 5.61 | 5.79 | 5.96 | 6.07 | 6.25 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.43 | 4.82 | 5.27 | 5.66 | 6.11 | 6.50 | 6.95 |
| Camarilla | 5.49 | 5.57 | 5.64 | 5.72 | 5.80 | 5.87 | 5.95 |
| Woodie | 4.46 | 4.84 | 5.30 | 5.68 | 6.14 | 6.52 | 6.98 |
| Fibonacci | 4.82 | 5.14 | 5.34 | 5.66 | 5.98 | 6.18 | 6.50 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 62.76 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 19.29 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 6.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.96 | |
| Elder Ray (13): | 0.08 | |
| Super Trend (3,10): | 5.91 | |
| Zig ZAG (10): | 6.12 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 82.05 | |
| TEMA (21): | 6.10 | |
| Williams %R (14): | -10.26 | |
| Chande Momentum Oscillator (20): | 0.10 | |
| Repulse (5,40,3): | 1.2700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1400 | |
| Courbe Coppock: | 0.00 |
| MA7: | 5.91 | |
| MA20: | 5.86 | |
| MA50: | 5.63 | |
| MA100: | 5.88 | |
| MAexp7: | 6.06 | |
| MAexp20: | 6.01 | |
| MAexp50: | 5.93 | |
| MAexp100: | 5.88 | |
| Price / MA7: | +3.21% | |
| Price / MA20: | +4.10% | |
| Price / MA50: | +8.35% | |
| Price / MA100: | +3.74% | |
| Price / MAexp7: | +0.66% | |
| Price / MAexp20: | +1.50% | |
| Price / MAexp50: | +2.87% | |
| Price / MAexp100: | +3.74% |
Quotes :
-
15 min delayed data
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Actions NYSE
News
Don't forget to follow the news on BANCO SANTANDER BRASIL SA ADS. At the time of publication of this analysis, the latest news was as follows:
- BANCO SANTANDER (BRASIL) S.A. NOTICE TO THE MARKET: Filing of Form 20-F
- Banco Santander (Brasil) S.A.: Notice to the Market - Filing of Form 20-F