10 XP 0   0   5  
0coffee
Main menu

📉 The Great Reset 📈

Data gone? Yes, I pulled the plug. I shut down my paid data feeds and deleted the entire dataset to become fully independent.

No worries! Penke(Bot) will find new copyright-free data.

Curious how? Read it here… 🥸 Penke

$BST (Banca Sistema) Price Analysis
Buy, Hold or Sell?

Let's analyze Banca Sistema together

Penke

I guess you are interested in Banca Sistema. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📈 Technical Analysis (TA) – Banca Sistema’s Price Targets

I'm going to help you getting a better view of Banca Sistema. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

Get notifications about Banca Sistema

I send you an email if I find something interesting about Banca Sistema.


Technical Analysis of Banca Sistema
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Banca Sistema. The general trend of Banca Sistema is BEARISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Banca Sistema's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-28.6%) Bearish trend (28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Neutral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Neutral to overboughtOverbought=Overbought

1. Banca Sistema Price Targets

1.1 sr

Score

Let's take a look at the sr of Banca Sistema.

  • The price is trading between support and resistance lines.
Banca Sistema Daily sr Chart
3rd party ad coffee SUPPORTERis ad-free.

2. Trend Indicators

2.1 Moving Averages

Score

Let's take a look at the Moving Averages of Banca Sistema.

  • The SHORT shows weakening trend behaviour.
  • Price action is trading under pressure relative to the SHORT.
  • The SHORT is lagging behind the MEDIUM, indicating weaker trend alignment.
  • The SHORT is leading the INTER, indicating positive trend alignment.
  • The SHORT is lagging behind the LONG, indicating weaker trend alignment.
  • The MEDIUM shows weakening trend behaviour.
  • Price action is trading under pressure relative to the MEDIUM.
  • The MEDIUM is leading the INTER, indicating positive trend alignment.
  • The MEDIUM is lagging behind the LONG, indicating weaker trend alignment.
  • The INTER shows a strengthening upward trend.
  • Price action is supported by the INTER.
  • The INTER is lagging behind the LONG, indicating weaker trend alignment.
  • The LONG shows a strengthening upward trend.
  • Price action is trading under pressure relative to the LONG.

Directionalities and relatives.

Moving AverageTrendPricevs. MEDIUMvs. INTERvs. LONG
SHORT
MEDIUM
INTER
LONG

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Banca Sistema Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Banca Sistema.

  • Momentum is leaning bearish. Selling pressure outweighs buying interest, indicating increased caution and reduced risk appetite among market participants.
  • Overall momentum is negative. Market conditions reflect cautious sentiment, with sellers exerting more influence and limiting upside progress for Banca Sistema.
  • Momentum is improving. Bullish pressure is strengthening as confidence builds and market participants position for potential continuation.
Banca Sistema Daily Moving Average Convergence/Divergence (MACD) ChartBanca Sistema Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

Score

Let's take a look at the Directional Movement Index (DMI) of Banca Sistema.

  • Directional bias favors sellers. Selling pressure dominates buying interest, reflecting cautious sentiment and increasing downside pressure.
  • Directional bias is mildly bearish, but overall trend conditions remain weak and lack clear directional commitment.
Banca Sistema Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Score

Let's take a look at the Parabolic SAR of Banca Sistema.

  • Price action is supported by the prevailing trend structure, which is commonly interpreted as a bullish market signal.
Banca Sistema Daily Parabolic SAR Chart
3rd party ad coffee SUPPORTERis ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Score

Let's take a look at the Relative Strength Index (RSI) of Banca Sistema. The current phase is Continuation in bear market.

  • Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Banca Sistema Daily Relative Strength Index (RSI) ChartBanca Sistema Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Score

Let's take a look at the Stochastic Oscillator of Banca Sistema. The current phase is Correction in bear market.

  • Momentum favors buyers, indicating constructive short-term market participation.
  • Momentum is leaning bullish, with buying pressure currently dominating selling interest and supporting positive short-term sentiment for Banca Sistema.
  • Momentum is weakening as selling pressure increases and short-term sentiment deteriorates.
Banca Sistema Daily Stochastic Oscillator ChartBanca Sistema Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Score

Let's take a look at the Commodity Channel Index (CCI) of Banca Sistema.

Banca Sistema Daily Commodity Channel Index (CCI) ChartBanca Sistema Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Banca Sistema.

  • Momentum is leaning positive, indicating constructive market conditions and increasing upside participation.
Banca Sistema Daily Chande Momentum Oscillator (CMO) ChartBanca Sistema Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Score

Let's take a look at the Williams %R of Banca Sistema.

  • Momentum appears balanced, with neither buyers nor sellers showing a clear advantage in the current market environment.
Banca Sistema Daily Williams %R ChartBanca Sistema Daily Williams %R Chart
3rd party ad coffee SUPPORTERis ad-free.

4. Volatility Indicators

4.1 Bollinger Bands

Score

Let's take a look at the Bollinger Bands of Banca Sistema.

Banca Sistema Daily Bollinger Bands Chart
4.2 Average True Range (ATR)

Score

Let's take a look at the Average True Range (ATR) of Banca Sistema.

Banca Sistema Daily Average True Range (ATR) ChartBanca Sistema Daily Average True Range (ATR) Chart
3rd party ad coffee SUPPORTERis ad-free.

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Score

Let's take a look at the On-Balance Volume (OBV) of Banca Sistema.

Banca Sistema Daily On-Balance Volume (OBV) ChartBanca Sistema Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Score

Let's take a look at the Money Flow Index (MFI) of Banca Sistema.

  • Money flow favors buyers, indicating constructive participation and supportive market conditions.
Banca Sistema Daily Money Flow Index (MFI) ChartBanca Sistema Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Banca Sistema.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal

6.3. Candlestick Patterns

Banca Sistema Daily Candlestick Chart
DateCandlestick Pattern
Penke

Good job! You gained 10 XP and 0   0   5 . What's next:

  • Share my analysis of Banca Sistema with someone you think should read this too:
  • Are you bullish or bearish on Banca Sistema? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Banca Sistema? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is my analysis useful to you? coffee Support Penke with Coffee coffee so I can develop more tools and provide more market analysis for you. Thanks in advance!

Get notifications about Banca Sistema

I send you an email if I find something interesting about Banca Sistema.

Comments

How you think about this?

Leave a comment
3rd party ad coffee SUPPORTERis ad-free.