Banco Bradesco Sa Stock Technical Analysis

BBD Stock  USD 3.33  0.02  0.60%   
As of the 7th of December, Banco Bradesco shows the Mean Deviation of 1.58, risk adjusted performance of 0.0916, and Downside Deviation of 1.9. Banco Bradesco SA technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed nineteen technical drivers for Banco Bradesco SA, which can be compared to its rivals. Please confirm Banco Bradesco SA maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Banco Bradesco SA is priced correctly, providing market reflects its regular price of 3.33 per share. Given that Banco Bradesco has jensen alpha of 0.1945, we suggest you to validate Banco Bradesco SA's prevailing market performance to make sure the company can sustain itself at a future point.

Banco Bradesco Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Banco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Banco
  
Banco Bradesco's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Banco Bradesco Analyst Consensus

Target PriceAdvice# of Analysts
3.83Buy4Odds
Banco Bradesco SA current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Banco analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Banco stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Banco Bradesco SA, talking to its executives and customers, or listening to Banco conference calls.
Banco Analyst Advice Details
Banco Bradesco technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Banco Bradesco technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Banco Bradesco trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Banco Bradesco SA Technical Analysis

Indicator
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Execute Indicator
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Banco Bradesco SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Banco Bradesco SA Trend Analysis

Use this graph to draw trend lines for Banco Bradesco SA. You can use it to identify possible trend reversals for Banco Bradesco as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Banco Bradesco price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Banco Bradesco Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Banco Bradesco SA applied against its price change over selected period. The best fit line has a slop of   0.008016  , which may imply that Banco Bradesco SA will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 2.43, which is the sum of squared deviations for the predicted Banco Bradesco price change compared to its average price change.

About Banco Bradesco Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Banco Bradesco SA on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Banco Bradesco SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Banco Bradesco SA price pattern first instead of the macroeconomic environment surrounding Banco Bradesco SA. By analyzing Banco Bradesco's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Banco Bradesco's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Banco Bradesco specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2021 2022 2023 (projected)
Book Value per Share14.9815.3316.3315.78
Asset Turnover0.0390.0470.04230.0482

Banco Bradesco December 7, 2023 Technical Indicators

Most technical analysis of Banco help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Banco from various momentum indicators to cycle indicators. When you analyze Banco charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Banco Bradesco December 7, 2023 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Banco stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Banco Bradesco SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Banco Bradesco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Banco Bradesco Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Banco Bradesco Sa Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Bradesco SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Banco Bradesco SA information on this page should be used as a complementary analysis to other Banco Bradesco's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Banco Bradesco's price analysis, check to measure Banco Bradesco's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Banco Bradesco is operating at the current time. Most of Banco Bradesco's value examination focuses on studying past and present price action to predict the probability of Banco Bradesco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco Bradesco's price. Additionally, you may evaluate how the addition of Banco Bradesco to your portfolios can decrease your overall portfolio volatility.
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Is Banco Bradesco's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banco Bradesco. If investors know Banco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banco Bradesco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.36)
Dividend Share
0.052
Earnings Share
0.24
Revenue Per Share
6.276
Quarterly Revenue Growth
(0.28)
The market value of Banco Bradesco SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Bradesco's value that differs from its market value or its book value, called intrinsic value, which is Banco Bradesco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banco Bradesco's market value can be influenced by many factors that don't directly affect Banco Bradesco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banco Bradesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Bradesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Bradesco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.