The decline is losing steam
Banco Bradesco slips 1.2%: buyers resurface after five weeks of selling
Our view last week
Banco Bradesco breaks below its recent lows and sheds 4.2% this week: sellers are extremely dominant in the last bar and a distribution phase is underway. A fresh Sell signal follows on this Brazilian bank stock, while the Financials sector moves the other way, higher over the same span. Signal strength already sits at 96 out of 100: the decline is making lower lows, pace holding.
This week's summary
After last week's breakdown, Banco Bradesco's decline is slowing: the stock sheds just 1.2% and buyers resurface after five weeks of seller dominance. Signal strength, which was near-record last week (96 out of 100), is deflating: the move has lost fresh momentum. The weekly picture still sits below the 50-week average with MACD in negative territory, while the Financials sector gains ground over the month.
IQS Phase
76
in tension
Signal Strength
29
decline losing steam
Sizing
MINIMUM
Ranking
#17 / 25
Rest of the World stocks sell signals
Trade P&L %
+1.24%
from signal to date, no stop loss
Rank position
ranks 17th among the 25 sell signals for titoli resto del mondo in our ranking, with a signal strength of 29 out of 100.
Sector context
SectorFinancials
Benchmark ETFXLF
Sector regimein positive regime
Performanceweekly -1.17% · monthly +2.55%
BBDC3 belongs to the financials sector (reference ETF XLF). The sector is classified in positive regime according to our weekly reading.
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