Brazilian stock alert


Morning Alert: Cia Saneamento Basico Est. Sao Paulo down 2.1% in 2 days 25 July 2017 11:11 BRT


Cia de Saneamento Basico do Estado de Sao Paulo (SA:SBSP3) extended its slide on Tuesday, shedding an additional 31.0 centavos (or 0.9%) to trade at R$34.29. Trading volume was 28% of average so far today. The shares have fallen 74.0 centavos (or 2.1%) over the past two trading days.

SECTION 1: The past week

Current indications of bearish signals that support the trend in the unusual trading

1.1 5-day Recap

Cia Saneamento Basico Est. Sao Paulo underperformed the Brazil index 50 in 3 out of 5 days.

DayHeadlineClose price [BRL]Price change %Relative change %Comment
MondayCia Saneamento Basico Est. Sao Paulo underperforms 84% of the market34.6-1.2-1.2Steepest Fall
ThursdayCia Saneamento Basico Est. Sao Paulo falls 2.4% from 14-day high34.95-0.6-0.2
WednesdayCia Saneamento Basico Est. Sao Paulo decreases on firm volume35.15-0.7-0.2


DayHeadlineClose price [BRL]Price change %Relative change %Comment
FridayCia Saneamento Basico Est. Sao Paulo increases, lifts 3.7% for week35.030.20.6
TuesdayCia Saneamento Basico Est. Sao Paulo accelerates rise, up 4.7% in 2 days35.382.62.9Top Rise; VI=2.1

SECTION 2: Technical indicators


The price dropped 3.1% in the last week.


The stock has outperformed 56% of the Brazilian market over the past 6 months.


The positive 1.09 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal (12-day minus 26-day Exponential Moving Averages). Both the 12-day and the 26-day EMA are rising - another bullish signal. In the past week, the stock's MACD has been positive every day, a reinforcing bullish signal.

The 4.2% discount to 12-month high of R$35.81 against the 35.8% premium to 12-month low of R$25.25 suggests the stock continues to push for new highs.

In the last three months the stock has hit a new 52-week high four times, pointing to an uptrend.

The present value of BRL1,000 invested one year ago is R$1,173 [vs R$1,134 for the Brazil Index 50], including a capital gain of R$131 and dividend reinvested of R$42. The total return to shareholders for 1 year is 17.3%.

SECTION 3: Ranking

DescriptionValueRank In Market
MCap $US billion7.4In Top Quartile
52-week Range (in R$)25.2-35.8
1-month Range (in R$)30.2-35.8

Cia de Saneamento Basico do Estado de Sao Paulo (SA:SBSP3; SAO:SBSP3; BZ:SBSP3)


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