Technical Analysis for SBS - Companhia de saneamento Basico Do Estado De Sao Paulo
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| D | 14.14 | -0.07% | -0.01 |
SBS closed down 1.67 percent on Friday, May 31, 2024, on approximately normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 200 DMA Support | Bullish | -0.07% | |
| Hammer Candlestick | Bullish | -0.07% | |
| Lizard Bullish | Bullish Day Trade Setup | -0.07% | |
| Doji - Bullish? | Reversal | -0.07% | |
| Gapped Down | Weakness | -0.07% | |
| Lower Bollinger Band Touch | Weakness | -0.07% | |
| Oversold Stochastic | Weakness | -0.07% | |
| Oversold Stochastic | Weakness | -1.74% | |
| NR7 | Range Contraction | -1.39% | |
| Narrow Range Bar | Range Contraction | -1.39% |
| Alert | Time |
|---|---|
| 200 DMA Support | about 1 hour ago |
| Down 1% | about 1 hour ago |
| Lower Bollinger Band Support | about 1 hour ago |
| Possible Inside Day | about 1 hour ago |
| 200 DMA Support | 3 days ago |
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Basic chart:
- Earnings date: 05/09/2024
Companhia de Saneamento Básico do Estado de São Paulo-SABESP provides basic and environmental sanitation services; and supplies treated water on a wholesale basis to residential, commercial, industrial, and municipal customers in the State of São Paulo. The company supplies water to approximately 27.7 million people; collects sewage generated by 21 million people; and operates 214 water treatment stations and 502 sewage treatment stations. It also operates a 67.6 thousand kilometer long water distribution network; and 45.8 thousand kilometer long sewage network. The company was founded in 1954 and is headquartered in São Paulo, Brazil.
Sector: Utilities
Industry: Utilities - Regulated Water
Keywords: Pollution Distribution Network Sanitation Sewage Treatment Brazil Sanitation Services
Classification
Sector: Utilities
Industry: Utilities - Regulated Water
Keywords: Pollution Distribution Network Sanitation Sewage Treatment Brazil Sanitation Services
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 16.8365 |
| 52 Week Low | 10.373 |
| Average Volume | 846,426 |
| 200-Day Moving Average | 14.06 |
| 50-Day Moving Average | 15.54 |
| 20-Day Moving Average | 15.07 |
| 10-Day Moving Average | 14.65 |
| Average True Range | 0.32 |
| RSI (14) | 30.07 |
| ADX | 34.01 |
| +DI | 13.83 |
| -DI | 42.26 |
| Chandelier Exit (Long, 3 ATRs) | 15.12 |
| Chandelier Exit (Short, 3 ATRs) | 14.92 |
| Upper Bollinger Bands | 16.14 |
| Lower Bollinger Band | 14.01 |
| Percent B (%b) | 0.07 |
| BandWidth | 14.10 |
| MACD Line | -0.36 |
| MACD Signal Line | -0.26 |
| MACD Histogram | -0.0945 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 14.50 | ||||
| Resistance 3 (R3) | 14.47 | 14.32 | 14.44 | ||
| Resistance 2 (R2) | 14.32 | 14.24 | 14.34 | 14.42 | |
| Resistance 1 (R1) | 14.24 | 14.18 | 14.17 | 14.27 | 14.40 |
| Pivot Point | 14.09 | 14.09 | 14.06 | 14.11 | 14.09 |
| Support 1 (S1) | 14.01 | 14.01 | 13.94 | 14.04 | 13.90 |
| Support 2 (S2) | 13.86 | 13.95 | 13.88 | 13.88 | |
| Support 3 (S3) | 13.78 | 13.86 | 13.86 | ||
| Support 4 (S4) | 13.81 |
