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BOVESPA
Index
fx
OIBR4.SA
BOVESPA
Oi Pref
STAY SHORT
Close
1.9200
Prev.Close
1.9100
Change
+0.0100
Change%
+0.52%
BULLISH MATCHING LOW
Sold at
2.0600
Open
1.9300
High
1.9900
Low
1.9000
Close
1.9200
Gain%
-6.80%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
BRL100⇨
18/09
2.0600
SHORT
-6.8%
82
01/09
1.9900
BUY
+3.5%
80
02/08
2.8150
SELL
-29.3%
81
28/07
2.8450
BUY
-1.1%
82
24/07
2.8200
SELL
+0.9%
82
19/07
2.5100
BUY
+12.4%
74
12/07
2.3200
SHORT
+8.2%
81
10/07
2.3400
BUY
-0.9%
83
05/07
2.3400
SHORT
0.0%
84
29/06
2.3900
BUY
-2.1%
87
26/06
2.3600
SELL
+1.3%
87
21/06
2.4000
BUY
-1.7%
89
13/06
2.3600
SHORT
+1.7%
92
05/06
2.4000
BUY
-1.7%
95
11/05
2.4800
SELL
-3.2%
95
09/05
2.5000
BUY
-0.8%
97
14/04
2.5000
SHORT
0.0%
98
11/04
2.5100
BUY
-0.4%
99
† Trade commissions are taken as 0.60%.
Date
Price
Signal
Change%
BRL100⇨
18/09
2.0600
SHORT
-6.8%
286
01/09
1.9900
BUY
+3.5%
279
02/08
2.8150
SELL
-29.3%
281
28/07
2.8450
BUY
-1.1%
286
24/07
2.8200
SELL
+0.9%
287
19/07
2.5100
BUY
+12.4%
257
12/07
2.3200
SHORT
+8.2%
284
10/07
2.3400
BUY
-0.9%
289
05/07
2.3400
SHORT
0.0%
293
29/06
2.3900
BUY
-2.1%
303
26/06
2.3600
SELL
+1.3%
305
21/06
2.4000
BUY
-1.7%
312
13/06
2.3600
SHORT
+1.7%
321
05/06
2.4000
BUY
-1.7%
330
11/05
2.4800
SELL
-3.2%
332
09/05
2.5000
BUY
-0.8%
337
14/04
2.5000
SHORT
0.0%
341
11/04
2.5100
BUY
-0.4%
347
20/03
3.0100
SHORT
-16.6%
301
14/03
3.2300
BUY
-6.8%
327
09/03
3.3800
SELL
-4.4%
329
07/03
3.3200
BUY
+1.8%
325
23/02
3.9350
SHORT
-15.6%
284
13/02
3.3050
BUY
+19.1%
242
27/01
5.0000
SELL
-33.9%
243
20/01
3.4500
BUY
+44.9%
169
10/01
5.2500
SELL
-34.3%
170
02/01
5.2500
BUY
0.0%
171
27/12
5.1500
SELL
+1.9%
172
22/12
5.3500
BUY
-3.7%
180
19/12
5.5400
SELL
-3.4%
181
15/12
5.3400
BUY
+3.7%
175
29/11
5.2500
SHORT
+1.7%
180
21/11
5.1500
BUY
+1.9%
179
07/11
6.2400
SHORT
-17.5%
154
28/10
6.2600
BUY
-0.3%
157
05/10
8.8100
SHORT
-28.9%
123
03/10
8.4800
BUY
+3.9%
120
14/09
10.4000
SHORT
-18.5%
102
01/09
10.6000
BUY
-1.9%
106
19/08
11.2000
SELL
-5.4%
106
16/08
11.2000
BUY
0.0%
107
11/08
11.5000
SELL
-2.6%
108
04/08
10.1000
BUY
+13.9%
95
22/07
10.0000
SHORT
+1.0%
97
20/07
10.3000
BUY
-2.9%
101
06/07
10.9000
SELL
-5.5%
102
27/06
10.6000
BUY
+2.8%
100
23/06
9.7000
SHORT
+9.3%
111
20/06
10.1000
BUY
-4.0%
117
01/06
12.9000
SHORT
-21.7%
97
25/05
12.6000
BUY
+2.4%
96
17/05
13.0000
SHORT
-3.1%
95
13/05
12.9000
BUY
+0.8%
95
09/05
13.3000
SHORT
-3.0%
93
04/05
13.6000
BUY
-2.2%
97
22/04
14.6400
SELL
-7.1%
97
14/04
14.2000
BUY
+3.1%
95
08/04
14.0900
SELL
+0.8%
95
05/04
14.6000
BUY
-3.5%
99
31/03
14.0000
SELL
+4.3%
100
28/03
13.7000
BUY
+2.2%
99
23/03
13.4500
SHORT
+1.9%
102
16/03
13.3000
BUY
+1.1%
102
11/03
13.4000
SHORT
-0.7%
102
09/03
13.5000
BUY
-0.7%
104
07/03
13.2000
SHORT
+2.3%
108
03/03
13.8000
BUY
-4.3%
114
18/02
14.5900
SHORT
-5.4%
110
12/01
12.7500
BUY
+14.4%
97
04/01
12.7000
SHORT
+0.4%
98
28/12
13.0500
BUY
-2.7%
102
14/12
13.7500
SHORT
-5.1%
99
08/12
13.9000
BUY
-1.1%
101
10/11
16.3800
SELL
-15.1%
102
01/11
16.3000
BUY
+0.5%
102
20/10
17.1000
SELL
-4.7%
102
13/10
16.1100
BUY
+6.1%
97
04/10
16.6800
SELL
-3.4%
98
30/09
16.9000
BUY
-1.3%
99
† Trade commissions are taken as 0.60%.
Pattern & Confirmation Chart for the Last 6 Months
Our system’s recommendation today is to
STAY SHORT
. The previous
SHORT
signal was issued on 18/09/2023, 11 days ago, when the stock price was 2.0600. Since then
OIBR4.SA
has fallen by
-6.80%
.
Bear market rallies may be vicious reversals, giving hard times to those holding short positions; so, it is better to be on alert despite the relative comfort provided by the current bearish trend. There is a bullish pattern to be confirmed, but the share price is still not above its confirmation level and the signal is suggesting to
STAY SHORT
; however, the chance of a bullish confirmation that will change the signal to
BUY
is quite high. The Delayed Intraday Module is ON. Given the risks involved, we strongly suggest you to follow price movements on an intraday basis.
This pattern occurs when two black days appear with equal closes in a downtrend. Matching Low indicates a bottom has been made, even though the new low was tested and there was no follow through, which is indicative of a good support price.
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