Brazilian stock alert

BRAZ

CLOSING UPDATE: Banco Santander Brasil keeps sliding: down 4.0% in 3 days 21 July 2017 17:33 BRT

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Brazilian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Banco Santander Brasil, Brazil's 3rd largest bank by market capitalisation, extended its slide on Friday, shedding an additional 12.0 centavos (or 0.5%) to trade at R$25.88. Trading volume was 36% of average at the end of the day. The shares have fallen R$1.08 (or 4.0%) over the past three trading days vs. the Brazil Index 50 which has fallen 1.0% in the same period.

Technical indicators complementing today's significant downtrend:

+ The stock has underperformed 88% of the Brazilian market over the past 6 months.

+ The price dropped 3.1% in the last week.

Note

Banco Santander Brasil today is at a discount of 28.4% to the 12-month high of R$36.13 on 16 Feb, 2017. It is at a premium of 35.7% to the 12-month low of R$19.07 on 22 Jul, 2016.

Bullish Signals:

The positive 0.24 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

TODAY'S ALERTS

Afternoon Alert: Banco Santander Brasil keeps sliding: down 4.6% in 3 days

21 July 2017 13:08 BRT

Banco Santander Brasil SA (SA:SANB11) extended its slide on Friday, shedding an additional 29.0 centavos (or 1.1%) to trade at R$25.71. Trading volume was 1.5 times average so far today. The shares have fallen R$1.25 (or 4.6%) over the past three trading days vs. the Brazil Index 50 which has fallen 1.0% in the same period.

Morning Alert: Banco Santander Brasil keeps sliding: down 4.2% in 3 days

21 July 2017 11:10 BRT

Banco Santander Brasil SA (SA:SANB11) extended its slide on Friday, shedding an additional 16.0 centavos (or 0.6%) to trade at R$25.84. Trading volume was 57% of average so far today. The shares have fallen R$1.12 (or 4.2%) over the past three trading days vs. the Brazil Index 50 which has fallen 0.7% in the same period.

RECENT ALERTS

CLOSING UPDATE: Banco Santander Brasil down 3.6% in 2 days

20 July 2017 17:33 BRT

Banco Santander Brasil, Brazil's 3rd largest bank by market capitalisation, extended its slide on Thursday, shedding an additional 5.0 centavos (or 0.2%) to trade at R$26.0. Trading volume was 24% of average at the end of the day. The shares have fallen 96.0 centavos (or 3.6%) over the past two trading days vs. the Brazil Index 50 which has fallen 0.6% in the same period.

Afternoon Alert: Banco Santander Brasil down 3.4% in 2 days

20 July 2017 13:08 BRT

Banco Santander Brasil SA (SA:SANB11) extended its slide on Thursday, shedding an additional 2.0 centavos (or 0.1%) to trade at R$26.03. Trading volume was 1.4 times average so far today. The shares have fallen 93.0 centavos (or 3.4%) over the past two trading days vs. the Brazil Index 50 which has fallen 0.6% in the same period.

Banco Santander Brasil SA (SA:SANB11; SAO:SANB11; BZ:SANB11)

ISIN: BRSANBCDAM13

Source: www.BuySellSignals.com