itau unibanco banco holding sa technical analysis charts
TRANSCRIPT
September 21, 2015
ITUB: Itau Unibanco Banco Holding SA technical analysis charts
On Friday, compared to Friday, price action opened higher (7.33, vs Friday’s close
of 6.95), saw a unchanged high (7.40, vs Friday’s high of 7.40) and unchanged low
(6.93, vs Friday’s low of 6.93); and closed unchanged (6.95, vs Friday’s close of
6.95). The day’s range was 47 ticks.
On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action was
unchanged towards the bottom of the 20 day moving average envelope (7.18).
The parameters of the envelope (6.96-7.39) are pointing lower.
The RSI (41.01) below is in neutral mode between the key 20 (oversold) and 80
(overbought) levels.
September 21, 2015
The MACD 12 day moving average is above the MACD 26 day moving average;
both are above zero and falling.
The Slow Stochastics, below, are in positive mode, with the K line above the D
line.
The Commodity Channel Index (-31.02), below, is in positive mode above the
oversold -200 level.
On the DAILY BOLLINGER BANDS CHART below, Friday represents the 3rd
consecutive close below the middle of the Bollinger Band envelope (7.18). The
Bollinger Bands (6.58-7.77) are pointing lower; and widened from a width of 117
ticks on Friday to a width of 119 ticks on Friday.
September 21, 2015
On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving
average (7.17, moving down) is equal to the 20 day moving average (7.18, moving
down); the 5 day moving average has just crossed below the 20 day moving
average to generate a negative signal. The 3-50 day strip of moving averages
ranges from the 3 day moving average (6.95) at the bottom of the range to the 50
day moving average (7.97) at the top of the range.
September 21, 2015
The Parabolic Stop and Reverse (6.84) below is in the 5th day of buy mode.
On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 5th
consecutive close below the middle of the Bollinger Bands envelope (9.56). The
Bollinger Bands (5.69-13.42) are pointing lower; contracting from a width of 785
ticks on Friday to a width of 773 ticks on Friday.