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IBOVESPA Bearish Momentum With A 7% Drop In The Last 21 Sessions

IBOVESPA Bearish Momentum With A 7% Drop In The Last 21 Sessions
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(VIANEWS) - IBOVESPA (BVSP) has been up by 7.35% for the last 21 sessions. At 13:09 EST on Thursday, 23 March, IBOVESPA (BVSP) is $99,271.96.

About IBOVESPA's yearly highs and lows, it's 4.2% up from its 52-week low and 18.38% 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 0.68%, a negative 0.53%, and a positive 1.07%, respectively.

IBOVESPA's highest amplitude of average volatility was 0.72% (last week), 0.99% (last month), and 1.07% (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, 21 March, "While portraying the mood, Wall Street closed with gains but S&P 500 Futures struggled for clear directions."
  • According to FXStreet on Tuesday, 21 March, "Amid these plays, the S&P 500 Futures print mild gains while tracking Wall Street's performance."
  • According to FXStreet on Tuesday, 21 March, "Risk sentiment is in a firmer spot so far this Tuesday, with the US S&P 500 futures up 0.31% on the day. "
  • According to Business Insider on Tuesday, 21 March, "The Dow climbed 1.2 percent, the tech-heavy Nasdaq Composite rose 0.4 percent and the S&P 500 advanced 0.9 percent."
  • According to DailyForex on Tuesday, 21 March, "The Dow Jones added over 300 points while the S&P 500 and Nasdaq 100 indices jumped by over 0.80%. "

More news about IBOVESPA (BVSP).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.