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IBOVESPA Bearish Momentum With A 6% Fall In The Last 21 Sessions

(VIANEWS) – IBOVESPA (BVSP) has been up by 6.73% for the last 21 sessions. At 09:10 EST on Thursday, 2 March, IBOVESPA (BVSP) is $104,712.39.

Regarding IBOVESPA’s yearly highs and lows, it’s 9.91% up from its 52-week low and 13.91% down from its 52-week high.

Volatility

IBOVESPA’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.14%, a negative 0.30%, and a positive 1.13%, respectively.

IBOVESPA’s highest amplitude of average volatility was 1.41% (last week), 1.09% (last month), and 1.13% (last quarter), respectively.

Index Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, IBOVESPA’s is considered to be overbought (>=80).

News about

  • According to FXStreet on Tuesday, 28 February, "Amid these plays, Wall Street closed positive and the S&P 500 Futures also prints mild gains by the press time."
  • According to FXStreet on Tuesday, 28 February, "A firmer risk tone is reflective of the 0.20% gain in the US S&P 500 Futures while the Asian equities track the Wall Street higher. "
  • According to FXStreet on Tuesday, 28 February, "That said, the US offers an olive branch to China companies despite its political differences with the dragon nation and hence allows the S&P 500 Futures to track Wall Street’s gains by the press time."
  • According to FXStreet on Tuesday, 28 February, "That said, the US offers an olive branch to China companies despite its political differences with the dragon nation and hence allows the S&P 500 Futures to track Wall Street’s gains by the press time. ", "It’s worth noting that the US Treasury bond yields remain lackluster while the S&P 500 Futures print mild gains, by tracking Wall Street’s upbeat closing, amid quiet hours of Tuesday’s trading."
  • According to FXStreet on Tuesday, 28 February, "While portraying the mood, the S&P 500 Futures print mild gains around 3,995, extending the week-start rebound from the monthly low, whereas the US two-year Treasury yields remain sidelined near 4.79% after reversing from a three-month high on Monday. ", "Earlier on Tuesday, market sentiment improves on headlines suggesting the fact that the US offers an olive branch to Chinese companies despite its political differences with the dragon nation and hence allows the S&P 500 Futures to track Wall Street’s gains by the press time. "

More news about IBOVESPA (BVSP).

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