Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp American Depositary Shares (Each repstg 250 Common Shares) (NYSE:SBS)
Bull Market Weakness (+75) - SBS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SBS as it may be in the beginning stages of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SBS
The long-term trend has been UP since Jun 2nd, 2023 at 10.830
The intermediate-term trend has been UP since Nov 7th, 2023 at 12.445
The short-term trend has been DOWN since Nov 29th, 2023 at 13.660
Smart Scan Analysis for SBS
Based on our trend formula, SBS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.850 | 13.980 | 13.700 | 13.725 | -0.235 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.960 | 841702 | 2023-12-04 15:59:57 |
| Year High | 11.96 | Year High Date | 2018-03-01 |
| Year Low | 5.58 | Year Low Date | 2018-09-14 |
| 52wk High | 14.01 | 52wk High Date | 2023-11-27 |
| 52wk Low | 8.45 | 52wk Low Date | 2023-03-24 |
| Year End Close | 41.78 | Average Volume | 926,162 |
| Shares Outstanding | 683,520 | Short Interest | 601,851 |
| % Institutional | 22.4 | Market Cap | 8,578M |
| Assets | 589,818,940M | Liabilities | 293,880,380M |
| P/E Ratio | 16.1574 | Beta | 1.2 |
| Volatility | 30.76 |