Banco Santander Brasil Breaks Above 200-Day Moving Average – Bullish for BSBR

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In trading on Thursday, shares of Banco Santander Brasil SA (Symbol: BSBR) crossed above their 200 day moving average of $5.75, changing hands as high as $5.77 per share. Banco Santander Brasil SA shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of BSBR shares, versus its 200 day moving average:

Banco Santander Brasil SA 200 Day Moving Average Chart

Looking at the chart above, BSBR’s low point in its 52 week range is $4.925 per share, with $6.66 as the 52 week high point — that compares with a last trade of $5.75.

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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