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IBOVESPA Bearish Momentum With A 5% Slide In The Last 21 Sessions

(VIANEWS) – IBOVESPA (BVSP) has been up by 5.11% for the last 21 sessions. At 10:08 EST on Tuesday, 11 June, IBOVESPA (BVSP) is $121,079.89.

Concerning IBOVESPA’s yearly highs and lows, it’s 8.5% up from its 52-week low and 9.91% 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 0.22%, a negative 0.28%, and a positive 0.58%, respectively.

IBOVESPA’s highest amplitude of average volatility was 0.84% (last week), 0.51% (last month), and 0.58% (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 Zacks on Monday, 10 June, "Meanwhile, the S&P 500 Index averages around a 10% return over the past 50 years.", "Historical data indicates that election years outperform the average year in the S&P 500 Index."
  • According to Zacks on Monday, 10 June, "In that same time, the Consumer Discretionary sector gained 0.59%, while the S&P 500 gained 3.25%."
  • According to FXStreet on Monday, 10 June, "The S&P 500 opens on a negative note as the Fed is expected to deliver only one rate-cut this year. "

More news about IBOVESPA (BVSP).

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