IBOVESPA Bullish Momentum With A 3% Jump In The Last 5 Sessions

(VIANEWS) – IBOVESPA (BVSP) has been up by 3.14% for the last 5 sessions. At 16:08 EST on Thursday, 27 June, IBOVESPA (BVSP) is $124,226.71.

Concerning IBOVESPA’s yearly highs and lows, it’s 11.32% up from its 52-week low and 7.56% down from its 52-week high.

Volatility

IBOVESPA’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.45%, a negative 0.04%, and a positive 0.56%, respectively.

IBOVESPA’s highest amplitude of average volatility was 0.58% (last week), 0.53% (last month), and 0.56% (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 oversold (<=20).

News about

  • According to Zacks on Tuesday, 25 June, "The stock has gained 33.9% compared with the 8.6% rally of the industry it belongs to and the 26.4% rise of the Zacks S&P 500 composite."
  • According to Zacks on Tuesday, 25 June, "The Dow, which has led market indices since last week’s Juneteenth break, is currently -73 points, while the S&P 500 is +6 points and the Nasdaq +69. "
  • According to FXStreet on Tuesday, 25 June, "$27.8 billion has drained out of the SPDR S&P 500 ETF Trust (SPY), the index’s largest ETF, so far in June. ", "The S&P 500 continues to trade well above its 30, 100 and 200-day Simple Moving Averages (SMA), which tells us that the index continues to relish its uptrend status. "
  • According to FXStreet on Tuesday, 25 June, "Analysts at Societe Generale expect profits - the glue that holds the S&P 500 Index together - to reach new highs in 2H24.", "The outperformance of mega caps vs the average S&P 500 stock is now at a critical juncture. "

More news about IBOVESPA (BVSP).

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