RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BSBR
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Stronger technical forecast for Banco Santander Brasil SA stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Banco Santander Brasil SA stock price gained 0.704% on the last trading day (Thursday, 28th Mar 2024), rising from $5.68 to $5.72. During the last trading day the stock fluctuated 1.95% from a day low at $5.65 to a day high of $5.76. The price has fallen in 5 of the last 10 days. Volume fell on the last day by -389 thousand shares and in total, 676 thousand shares were bought and sold for approximately $3.87 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -11.31% during the next 3 months and, with a 90% probability hold a price between $4.86 and $5.21 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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BSBR Signals & Forecast

Mostly positive signals in the chart today. The Banco Santander Brasil SA stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $5.65 and $5.72. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, March 22, 2024, and so far it has risen 2.33%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal on Wednesday, May 03, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Wednesday, May 03, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Banco Santander Brasil SA stock

Banco Santander Brasil SA finds support from accumulated volume at $5.70 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.110 between high and low, or 1.95%. For the last week the stock has had daily average volatility of 1.25%.

Our recommended stop-loss: $5.45 (-4.74%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 4 days ago.)

Trading Expectations (BSBR) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Banco Santander Brasil SA to open at $5.71, and during the day (based on 14 day Average True Range), to move between $5.63 and $5.81, which gives a possible trading interval of +/-$0.0939 (+/-1.64%) up or down from last closing price. If Banco Santander Brasil SA takes out the full calculated possible swing range there will be an estimated 3.28% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $5.70 (0.35%) than the resistance at $5.88 (2.80%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Banco Santander Brasil SA stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 2.509 Buy Candidate Upgraded

Predicted Opening Price for Banco Santander Brasil SA of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$5.71 ( 0.175%) $5.72

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BSBR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.82 1.75 %
R2 5.78 1.01 %
R1 5.75 0.560 %
Current price: 5.72
Support S1 5.67 -0.91 %
S2 5.64 -1.36 %
S3 5.60 -2.10 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 6.01 5.07 %
R2 5.96 4.20 %
R1 5.88 2.80 %
Current price 5.72
Support S1 5.70 -0.350%
S2 5.68 -0.699%
S3 5.59 -2.27%

BSBR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 22, 2024 Jan 22, 2024 Feb 20, 2024 $0.0621 1.04%
2 Oct 11, 2023 Oct 20, 2023 Nov 20, 2023 $0.0202 0.320%
3 Jul 14, 2023 Jul 21, 2023 Aug 23, 2023 $0.0840 1.52%
4 Apr 14, 2023 Apr 25, 2023 Aug 23, 2023 $0.0820 1.49%
5 Jan 20, 2023 Jan 27, 2023 Mar 13, 2023 $0.0880 1.77%

FAQ

What is the symbol for Banco Santander Brasil SA Stock and on which exchange is it traded?
The symbol for Banco Santander Brasil SA is BSBR and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Banco Santander Brasil SA Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy Banco Santander Brasil SA Stock?
Banco Santander Brasil SA Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Banco Santander Brasil SA Stock.

What's the current price of Banco Santander Brasil SA Stock?
As of the end of day on the 2024-03-28, the price of an Banco Santander Brasil SA (BSBR) share was $5.72.

What is the 52-week high and low for Banco Santander Brasil SA Stock?
The 52-week high for Banco Santander Brasil SA Stock is $6.66 and the 52-week low is $4.93.

What is the market capitalization of Banco Santander Brasil SA Stock?
As of the 2024-03-28, the market capitalization of Banco Santander Brasil SA is 42.733B.
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About Banco Santander Brasil SA

Banco Santander Brasil SA Banco Santander (Brasil) S.A., together with its subsidiaries, provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally. The company operates in two segments, Commercial Banking and Global Wholesale Banking. It offers deposits and other bank funding instruments; debit and credit cards; digital prepaid solutions; payment platform; loyalty programs; employee b... BSBR Profile

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