Banco Santander (Brasil) SA (BSBR, $5.59) RSI Indicator left the overbought zone on August 22, 2024

#RegionalBanks, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #LargeCap
BSBR - Banco Santander (Brasil) SA
RSI signal
Bearish Trend
69%
Odds of DOWN Trend
Price: $5.59
Daily change: -$0.11 (-1.93%)
Daily volume: 212.7K
Capitalization: $21B
Industry: Regional Banks

This is a signal that BSBR's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 26 similar cases where BSBR's RSI Indicator left the overbought zone, and in 18 of them led to a successful outcome. Odds of Success: 69%.