RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ITUB
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Itau Unibanco Banco Holding SA stock price ended at $6.93 on Thursday, after losing 0.144%.
(Updated on Mar 28, 2024)

Hold candidate since Mar 25, 2024 Gain 2.82% PDF

The Itau Unibanco Banco Holding SA stock price fell by -0.144% on the last day (Thursday, 28th Mar 2024) from $6.94 to $6.93. During the last trading day the stock fluctuated 1.31% from a day low at $6.89 to a day high of $6.98. The price has fallen in 6 of the last 10 days and is down by -0.29% for this period. Volume has increased on the last day by 370 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 9 million shares were bought and sold for approximately $60.86 million.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.38% during the next 3 months and, with a 90% probability hold a price between $6.87 and $7.58 at the end of this 3-month period.

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ITUB Signals & Forecast

The Itau Unibanco Banco Holding 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 $6.87 and $6.91. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 2.82%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Tuesday, March 26, 2024 in the short-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

The stock had a Golden Star Signal on Tuesday, March 26, 2024 in the short-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 Itau Unibanco Banco Holding SA stock

Itau Unibanco Banco Holding SA finds support from accumulated volume at $6.90 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 $0.0900 between high and low, or 1.31%. For the last week the stock has had daily average volatility of 1.33%.

Our recommended stop-loss: $6.66 (-3.94%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Itau Unibanco Banco Holding SA to open at $6.93, and during the day (based on 14 day Average True Range), to move between $6.81 and $7.05, which gives a possible trading interval of +/-$0.122 (+/-1.76%) up or down from last closing price. If Itau Unibanco Banco Holding SA takes out the full calculated possible swing range there will be an estimated 3.52% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $6.95 (0.29%) than the support at $6.90 (0.43%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Itau Unibanco Banco Holding SA stock A Buy?

Itau Unibanco Banco Holding SA holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.954 Hold/Accumulate Unchanged

Predicted Opening Price for Itau Unibanco Banco Holding SA of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$6.93 ( 0.0481%) $6.93

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

Trading levels for ITUB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 7.02 1.35 %
R2 6.99 0.85 %
R1 6.97 0.544 %
Current price: 6.93
Support S1 6.90 -0.448 %
S2 6.88 -0.754 %
S3 6.84 -1.25 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 7.23 4.33 %
R2 7.05 1.73 %
R1 6.95 0.289 %
Current price 6.93
Support S1 6.90 -0.433%
S2 6.86 -1.01%
S3 6.85 -1.15%

ITUB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 05, 2024 Mar 28, 2024 May 09, 2024 $0.0030 0.0437%
2 Mar 05, 2024 Mar 22, 2024 May 09, 2024 $0.0365 0.526%
3 Mar 01, 2024 Mar 08, 2024 Apr 08, 2024 $0.0060 0.0871%
4 Feb 22, 2024 Feb 22, 2024 Mar 15, 2024 $0.199 2.89%
5 Jan 05, 2024 Feb 01, 2024 Mar 11, 2024 $0.0031 0.0450%

FAQ

What is the symbol for Itau Unibanco Banco Holding SA Stock and on which exchange is it traded?
The symbol for Itau Unibanco Banco Holding SA is ITUB and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Itau Unibanco Banco Holding SA Stock?
Itau Unibanco Banco Holding SA holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Itau Unibanco Banco Holding SA Stock?
Itau Unibanco Banco Holding 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 Itau Unibanco Banco Holding SA Stock.

What's the current price of Itau Unibanco Banco Holding SA Stock?
As of the end of day on the 2024-03-28, the price of an Itau Unibanco Banco Holding SA (ITUB) share was $6.93.

What is the 52-week high and low for Itau Unibanco Banco Holding SA Stock?
The 52-week high for Itau Unibanco Banco Holding SA Stock is $7.27 and the 52-week low is $4.54.

What is the market capitalization of Itau Unibanco Banco Holding SA Stock?
As of the 2024-03-28, the market capitalization of Itau Unibanco Banco Holding SA is 62.592B.

When is the next earnings date for Itau Unibanco Banco Holding SA?
The upcoming earnings date for Itau Unibanco Banco Holding SA is May 13, 2024.
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About Itau Unibanco Banco Holding SA

Itau Unibanco Banco Holding SA Itaú Unibanco Holding S.A. offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market and Corporation. It offers various deposit products, as well as loans and credit cards; investment and commercial banking services; real estate lending services; financing and investment serv... ITUB Profile

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