BVSP NEWS why is Bovespa - Brazil price falling or rising

BVSP NEWS reasons for why stock price of Bovespa - Brazil is falling or rising

BVSP Bovespa Brazil is falling or rising technical reasons

Technical analysis forecast for Bovespa Brazil Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Bovespa Brazil BVSP at this time. Stock is falling and might fall more.

It appears as if Bovespa Brazil BVSP gave a large move recently.

Stock of Bovespa Brazil (BVSP) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Bovespa Brazil is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Bovespa Brazil stays below 121480.9, but if it comes above 121480.9, then a intra day buy could be more profitable.
If you take a sell trade below 121480.9, then use 121480.9 as stoploss and 116716.1 as target. However if you take a buy trade in Bovespa Brazil, then use 121480.9 as stoploss and 125451.61 as target.

BVSP Bovespa Brazil is falling or rising NEWS fundamental reasons

More announcements and NEWS

BVSP Bovespa - Brazil current price & indicator signals

Moving Averages for Bovespa - Brazil

  • 5Day Average: 119857.94
  • 12Day Average: 125015.3
  • 20Day Average: 126489.88
  • 50Day Average: 129198.7
  • 100Day Average: 130619.04
  • 150Day Average: 128577.72
  • 200Day Average: 128314.1

BVSP Indicators & signals

Indicator MACD (12,26,9)

123719.87, 126309.12, -1619.85
Indicator MACD is in negative zone

Indicator ADX (14)

51.03, 13.83, 42.64
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 38
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of BVSP Bovespa - Brazil are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 118856.50 118732.40 to 120052.50 -0.64% 0 times
08 Wed Jan 2025 119624.50 119351.30 to 121160.30 0% 0 times
08 Wed Jan 2025 119624.50 119351.30 to 121160.30 -1.27% 0 times
07 Tue Jan 2025 121162.70 120022.20 to 121713.20 0.95% 0 times
06 Mon Jan 2025 120021.50 118534.00 to 120322.10 -7.62% 0 times
26 Tue Nov 2024 129922.40 129042.20 to 130360.80 0% 0 times
26 Tue Nov 2024 129922.40 129042.20 to 130360.80 0.69% 0 times
25 Mon Nov 2024 129036.00 128932.00 to 129495.00 -0.07% 0 times
22 Fri Nov 2024 129125.50 126944.30 to 129125.50 1.74% 0 times
21 Thu Nov 2024 126922.10 126593.90 to 128196.60 -0.99% 0 times
19 Tue Nov 2024 128197.30 127234.80 to 128579.50 0.34% 0 times
18 Mon Nov 2024 127768.20 127226.40 to 128277.30 -0.02% 0 times

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BVSP NEWS why is Bovespa - Brazil price falling or rising

 

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