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(BBDO) Banco Bradesco complete technical analysis [charts+indicators] | Buy/Sell Banco Bradesco | (BBDO) share price targets

Complete technical analysis of Banco Bradesco (BBDO) by charts plus indicators, forecast predictions and share price targets for Banco Bradesco (BBDO)

Banco Bradesco trades in USA in Finance sector.

10 day averaged volume of Banco Bradesco is 21088

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 2.31 2.36 2.36 2.31 0.503 times
15 Wed May 2024 2.32 2.34 2.34 2.32 0.62 times
14 Tue May 2024 2.33 2.36 2.36 2.32 0.413 times
13 Mon May 2024 2.32 2.39 2.39 2.30 1.167 times
10 Fri May 2024 2.38 2.37 2.38 2.32 0.555 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.3 as stoploss in an intra day buy trade for a target of 2.37. However, stock will show a bearish move below 2.3.

Share price targets for Banco Bradesco (BBDO)

Target Type Value
Downside Target 2.30
Upside Target 2.38
Upside Target 2.46
Upside Target 2.49
Upside Target 2.50
Upside Target 2.63
Upside Target 2.67
Upside Target 2.77
Upside Target 2.96
Upside Target 3.17

Intraday share price targets for Banco Bradesco (BBDO)

Target Type Value
Downside Intraday Target 2.28
Downside Intraday Target 2.24
Upside Intraday Target 2.37
Upside Intraday Target 2.42
Upside Intraday Target 2.33

Weekly technical analysis of Banco Bradesco (BBDO)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 2.31 2.39 2.39 2.30 0.417 times
10 Fri May 2024 2.38 2.45 2.50 2.32 2.321 times
03 Fri May 2024 2.43 2.38 2.49 2.33 1.324 times
26 Fri Apr 2024 2.37 2.35 2.38 2.30 0.574 times
19 Fri Apr 2024 2.33 2.46 2.46 2.30 1.65 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Banco Bradesco (BBDO)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 2.31 2.42 2.50 2.30 0.817 times
30 Tue Apr 2024 2.35 2.60 2.67 2.30 0.587 times
28 Thu Mar 2024 2.56 2.53 2.63 2.46 1.227 times
29 Thu Feb 2024 2.51 2.80 2.96 2.46 1.494 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Banco Bradesco (BBDO)

Indicator Name Indicator Value Indicator Signal
ADX 71, 71, 0 Sell
MACD -0, -0Buy
Stochastics 10Sell
CCI -69Sell
RSI 47Sell
OBV -8182Sell
VWAP 2Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Banco Bradesco ( (BBDO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Banco Bradesco ( (BBDO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Banco Bradesco ( (BBDO) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Banco Bradesco ( (BBDO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Banco Bradesco stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Banco Bradesco in short term but the buy signal is initial and weak.

Banco Bradesco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Banco Bradesco in short term

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Banco Bradesco is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.39 and Banco Bradesco (BBDO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Banco Bradesco (BBDO) stock. Volume based technical analysis of Banco Bradesco (BBDO) stock is negative.

Banco Bradesco Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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