10 Updates

Banco Santander Brasil Enters Oversold Territory (BSBR)

Jan 10 2014, 12:17pm CST | by

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a...

Filed under: news

 
 
 

27 weeks ago

Banco Santander Brasil Enters Oversold Territory (BSBR)

Jan 10 2014, 12:17pm CST | by

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In trading on Friday, shares of Banco Santander Brasil SA (NYSE: BSBR ) entered into oversold territory, hitting an RSI reading of 23.6, after changing hands as low as $5.15 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 58.3. A bullish investor could look at BSBR’s 23.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of BSBR shares:

Looking at the chart above, BSBR’s low point in its 52 week range is $5.15 per share, with $8.19 as the 52 week high point — that compares with a last trade of $5.26. Find out what 9 other oversold stocks you need to know about »

According to the ETF Finder at ETFChannel.com, BSBR makes up 9.04% of the Brazil Financials ETF (AMEX: BRAF ) which is trading relatively unchanged on the day Friday.


Can your brain be trained to become a chart-predicting wizard? Click here to find out


Source: Forbes Business

/>/>
 
Update
10

6 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

Cambodia's Famous Battambang Circus
KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the Dewan Rakyat was ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

6 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

Newcastle United Training Session
KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broken into by ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
8

6 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

Federal Aviation Administration Bans All US Flights To Israel
KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was rejecte ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
7

6 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, Datuk Seri Hisha ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

6 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

INDIA-CHINA-DIPLOMACY-TRADE
PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Selatan’ in the southern states last mo ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

6 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

Government Weekly Cabinet Meeting
KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over RM2.78 million in ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

6 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Datuk Seri Mus ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

7 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

Iskandar Johor Open - Previews
JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involving an allocati ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

7 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

EurAsia Cup presented by DRB-HICOM - Day One
PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan Bazaar Scheme 20 ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

7 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion Kinrara Damansara Skyway ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Men with wider faces negotiate better
New York, July 24 (IANS) Men with wider faces are better at negotiating when it comes to their own benefit but not so much when the situation requires compromise and collaboration, says a study.
 
 
Why obese workers get tired sooner
New York, July 24 (IANS) Workers who are obese may have significantly shorter endurance times when performing workplace tasks, compared with their non-obese counterparts, says a study.
 
 
Plague quarantine lifted from Chinese city
Beijing, July 24 (IANS) China has lifted a nine-day quarantine imposed on its north-western city of Yumen following the death of a resident from plague last week.
 
 
Screw filter on bottle and drink clean water
London, July 24 (IANS) Imagine screwing a water filter onto a bottle containing polluted water and voila - you can put it straight in your mouth and drink.
 
 
 

Latest from the Network

North West takes first steps
Kim Kardashian's daughter has taken her first steps. The 'Keeping Up with the Kardashians' star and her husband Kanye West are ''so proud'' of 13-month-old North after she walked unaided for the first time after a...
Read more on Celebrity Balla
 
Michael Moore gets divorced
Michael Moore's divorce has been finalised. The 'Farenheit 9/11' filmmaker filed for divorce from Kathleen Glynn in June 2013 in Michigan's Antrim County, claiming at the time their 22-year union had broken down and...
Read more on Celebrity Balla
 
Naya Rivera married Ryan Dorsey on same day she was due to wed Big Sean
Naya Rivera tied the knot with Ryan Dorsey on the day she had planned to marry Big Sean. The 'Glee' actress and rapper Sean ended their engagement in a bitter split in April and just three months later, Naya married...
Read more on Celebrity Balla
 
US lifts ban on flights to Israeli airport
Washington, July 24 (IANS) The US aviation agency has lifted a ban on the country's flights to an airport in Israel's western port city of Tel Aviv late Wednesday. The Federal Aviation Administration (FAA) instituted...
Read more on Politics Balla
 
Five killed in market blast in Afghanistan
Kabul, July 24 (IANS) At least five civilians were killed and 21 others wounded in a bomb attack that took place in a local market in Afghanistan's northern province of Takhar Thursday, a provincial government...
Read more on Politics Balla
 
Men with wider faces negotiate better
New York, July 24 (IANS) Men with wider faces are better at negotiating when it comes to their own benefit but not so much when the situation requires compromise and collaboration, says a study. It adds that men who...
Read more on Apple Balla
 
Israeli airstrike kills four in Gaza, toll 707
Gaza, July 24 (IANS) An Israeli airstrike killed four Palestinians early Thursday in the northern Gaza Strip town of Beit Lahiya, taking the toll in the embattled coastal enclave to 707. Health ministry officials...
Read more on Politics Balla
 
Why obese workers get tired sooner
New York, July 24 (IANS) Workers who are obese may have significantly shorter endurance times when performing workplace tasks, compared with their non-obese counterparts, says a study. Obesity is associated with...
Read more on Apple Balla
 
Plague quarantine lifted from Chinese city
Beijing, July 24 (IANS) China has lifted a nine-day quarantine imposed on its north-western city of Yumen following the death of a resident from plague last week. A total of 151 people who had close contact with the...
Read more on Business Balla
 
Gwyneth Paltrow, Chris Martin put marriage on probation
Los Angeles, July 24 (IANS) Actress Gwyneth Paltrow and Chris Martin have been growing increasingly close recently and have reportedly given themselves 12 months to see if they can get their relationship back on track...
Read more on Celebrity Balla