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Price Performance Review of EBR
On Tuesday, Centrais Eletricas Brasileiras S.A. ADR [NYSE:EBR] saw its stock jump 1.40% to $5.79. Over the last five days, the stock has lost -6.61%. Centrais Eletricas Brasileiras S.A. ADR shares have fallen nearly -32.83% since the year began. Nevertheless, the stocks have fallen -30.91% over the past one year. While a 52-week high of $9.11 was reached on 02/20/24, a 52-week low of $5.55 was recorded on 11/29/24. SMA at 50 days reached $6.59, while 200 days put it at $7.26.
Levels Of Support And Resistance For EBR Stock
The 24-hour chart illustrates a support level at 5.70, which if violated will result in even more drops to 5.61. On the upside, there is a resistance level at 5.85. A further resistance level may holdings at 5.91. The Relative Strength Index (RSI) on the 14-day chart is 32.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.23%. Stochastics %K at 23.93% indicates the stock is a holding.
How much short interest is there in Centrais Eletricas Brasileiras S.A. ADR?
A steep rise in short interest was recorded in Centrais Eletricas Brasileiras S.A. ADR stocks on 2024-11-15, growing by 0.87 million shares to a total of 4.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 3.43 million shares. There was a rise of 20.2%, which implies that there is a positive sentiment for the stock.
