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Stock Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp American Depositary Shares (Each repstg 250 Common Shares) (NYSE:SBS)
Countertrend Up (+85) - SBS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SBS?
MarketClub looks at technical strength and momentum to determine if the timing is right for SBS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SBS
The long-term trend has been UP since Aug 7th, 2024 at 16.09
The intermediate-term trend has been UP since Nov 12th, 2024 at 16.44
The short-term trend has been DOWN since Nov 21st, 2024 at 16.60
Smart Scan Analysis for SBS
Based on our trend formula, SBS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.740 | 16.905 | 16.630 | 16.905 | +0.245 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.660 | 530592 | 2024-11-22 15:59:29 |
| Year High | 11.96 | Year High Date | 2018-03-01 |
| Year Low | 5.58 | Year Low Date | 2018-09-14 |
| 52wk High | 18.3599 | 52wk High Date | 2024-08-14 |
| 52wk Low | 13.1 | 52wk Low Date | 2024-06-20 |
| Year End Close | 41.78 | Average Volume | 871,699 |
| Shares Outstanding | 683,520 | Short Interest | 601,851 |
| % Institutional | 22.4 | Market Cap | 8,578M |
| Assets | 761,349,480M | Liabilities | 382,259,760M |
| P/E Ratio | 6.6295 | Beta | 1.2 |
| Volatility | 30.76 |