Brazilian stock alert

BRAZ

CLOSING UPDATE: Suzano Papel e Celulose keeps sliding: down 7.9% in 4 days 20 September 2018 17:35 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).

Suzano Papel e Celulose, Brazil's largest forest products & paper company by market capitalisation, extended its slide on Thursday, shedding an additional 51.0 centavos (or 1.1%) to trade at R$47.88. The shares have fallen R$4.12 (or 7.9%) over the past four trading days vs. the Brazil Index 50 which has risen 3.7% in the same period.

Technical indicators complementing today's significant downtrend:

+ The price tumbled 7.5% in the last week.

Note

Bullish Signals:

The positive 0.86 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

TODAY'S ALERTS

Afternoon Alert: Suzano Papel e Celulose keeps sliding: down 8.0% in 4 days

20 September 2018 13:09 BRT

Suzano Papel e Celulose SA (SA:SUZB3) extended its slide on Thursday, shedding an additional 54.0 centavos (or 1.1%) to trade at R$47.85. Trading volume was 1.5 times average so far today. The shares have fallen R$4.15 (or 8.0%) over the past four trading days vs. the Brazil Index 50 which has risen 3.6% in the same period.

Morning Alert: Suzano Papel e Celulose keeps sliding: down 7.6% in 4 days

20 September 2018 11:10 BRT

Suzano Papel e Celulose SA (SA:SUZB3) extended its slide on Thursday, shedding an additional 34.0 centavos (or 0.7%) to trade at R$48.05. Trading volume was 63% of average so far today. The shares have fallen R$3.95 (or 7.6%) over the past four trading days vs. the Brazil Index 50 which has risen 3.8% in the same period.

RECENT ALERTS

CLOSING UPDATE: Suzano Papel e Celulose keeps sliding: down 6.9% in 3 days

19 September 2018 17:35 BRT

Suzano Papel e Celulose, Brazil's largest forest products & paper company by market capitalisation, extended its slide on Wednesday, shedding an additional 83.0 centavos (or 1.7%) to trade at R$48.39. Trading volume was 1.2 times average at the end of the day. The shares have fallen R$3.61 (or 6.9%) over the past three trading days vs. the Brazil Index 50 which has risen 3.7% in the same period.

Afternoon Alert: Suzano Papel e Celulose decreases 1.5%, leads Forest products & paper sector lower

19 September 2018 13:09 BRT

Suzano Papel e Celulose SA (SA:SUZB3) has decreased 1.5% to trade at R$48.50 vs. the Forest products & paper sector which weakened 360.4 points (or 1.3%) to 27,141.8. Representing a weighting of about 44.1% of the sector, the stock accounted for 49.3% of today's loss. The shares have underperformed 91% of the market in the past week. Trading volume was 2.0 times average so far today.

Suzano Papel e Celulose SA (SA:SUZB3; SAO:SUZB3; BZ:SUZB3)

ISIN: BRSUZBACNOR0

Source: www.BuySellSignals.com