FBR - Fibria Celulose SA

Industry: Paper & Paper Products Sector: Consumer Goods | Exchange: NYSE

Buy Candidate
Buy Score Rank #1467 out of #5176
Wed 26'th Jul 2017

PERIOD COVERED
2017-04-27 - 2017-07-26
CHANGE
0.19%
PRICE
$10.41
VOLUME
Sell
TREND

MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Buy

BOLLINGER
Buy
Request Prediction
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Fibria Celulose SA Stock Analysis

Technical stock analysis for Wed 26'th Jul 2017

Buy candidate since 2017-07-25 Gain 0.19%

Fibria Celulose SA gained 0.19% in the last trading day, rising from $10.39 to $10.41 The price has risen in 6 of the last 10 days and is up by 5.15% over the past 2 weeks. Volume fell in the last day by -0.29 million shares, and in total, 1.02 million shares bought and sold for approximately $10.59 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Trend

Fibria Celulose SA lies in the middle of a very 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 9.97% during the next 3 months and, with 90% probability hold a price between $10.84 and $13.65 at the end of this period.

Signals

Fibria Celulose SA holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $10.67 and $10.56. A break-up above any of these levels will issue buy signals. Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Tuesday July 25, 2017, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely.

The stock had a Golden Star Signal* on Friday May 12, 2017 in the mediumterm chart.

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

Relative Strength Index (RSI)

RSI14 is 61 and the stock is currently not being overbought or oversold

Support & Resistance

Fibria Celulose SA finds support from accumulated volume at . On the upside the stock meets some resistance just above today's level from accumulated volume at $10.65, $11.12 and $11.08.

The stock is about to test the resistance from accumulated volume at $10.65 and this may cause the stock to take a minor break or get into a more sideways move for a few days.

Support: $10.33 Price: $10.41 Resistance: $10.65
S: $10.33 Price: $10.41 R: $10.65

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.21 (2.02%) between high and low. For the last week, the stock has had a daily average volatility of 2.62%.

Our recommended stoploss: $9.83 (-5.60%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Overall risk:

           

Evaluation

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, for the wholesome period, we think that today's level holds a possible buying-opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

Buy Candidate

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