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Banco Bradesco DRC
Buy, Hold or Sell?

Let's analyse Banco together

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

I'm going to help you getting a better view of Banco Bradesco DRC. 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.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Banco (30 sec.)










What can you expect buying and holding a share of Banco? (30 sec.)

How much money do you get?

How much money do you get?
ARS0.00
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
ARS15.68
Expected worth in 1 year
ARS16.16
How sure are you?
81.8%

+ What do you gain per year?

Total Gains per Share
ARS0.83
Return On Investment
0.0%

For what price can you sell your share?

Current Price per Share
ARS3,053.50
Expected price per share
ARS2,500 - ARS4,250
How sure are you?
50%
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1. Valuation of Banco (5 min.)




Live pricePrice per Share (EOD)

ARS3,053.50

2. Growth of Banco (5 min.)




Is Banco growing?

Current yearPrevious yearGrowGrow %
How rich?$200.2m$186.9m$9.7m5.0%

How much money is Banco making?

Current yearPrevious yearGrowGrow %
Making money$694.2m$1.3b-$640.8m-92.3%
Net Profit Margin13.5%23.8%--

How much money comes from the company's main activities?

3. Financial Health of Banco (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

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What can you expect buying and holding a share of Banco? (5 min.)

Welcome investor! Banco's management wants to use your money to grow the business. In return you get a share of Banco.

What can you expect buying and holding a share of Banco?

First you should know what it really means to hold a share of Banco. And how you can make/lose money.

Speculation

The Price per Share of Banco is ARS3,054. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Banco.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Banco, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ARS15.68. Based on the TTM, the Book Value Change Per Share is ARS0.12 per quarter. Based on the YOY, the Book Value Change Per Share is ARS3.80 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ARS0.09 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Banco.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ARS% of Price per ShareARS% of Price per ShareARS% of Price per ShareARS% of Price per ShareARS% of Price per Share
Usd Eps0.070.0%0.060.0%0.120.0%0.100.0%0.100.0%
Usd Book Value Change Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Price Per Share2.81-1.85-1.06-1.31-1.31-
Price to Earnings Ratio10.76-10.34-2.34-5.13-5.13-
Price-to-Total Gains Ratio12,014.88-3,626.99--142.70-3,906.66-3,906.66-
Price to Book Ratio149.16-99.27-61.06-58.30-58.30-
Price-to-Total Gains Ratio12,014.88-3,626.99--142.70-3,906.66-3,906.66-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.6642
Number of shares272
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (272 shares)0.070.51
Gains per Year (272 shares)0.272.05
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
100-1002-8
200-1004-6
300-1016-4
401-1017-2
511-10190
611-101112
711-101134
811-101156
911-102178
1012-1021910

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.00.00.0100.0%11.00.00.0100.0%11.00.00.0100.0%11.00.00.0100.0%
Book Value Change Per Share2.02.00.050.0%5.03.03.045.5%5.03.03.045.5%5.03.03.045.5%5.03.03.045.5%
Dividend per Share4.00.00.0100.0%11.00.00.0100.0%11.00.00.0100.0%11.00.00.0100.0%11.00.00.0100.0%
Total Gains per Share3.01.00.075.0%9.02.00.081.8%9.02.00.081.8%9.02.00.081.8%9.02.00.081.8%
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Fundamentals of Banco

About Banco Bradesco DRC

Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through two segments, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; overdraft and agribusiness loans; debit and business cards; financial and security services; consortium products; car, personal accident, dental, travel, and life insurance; investment products; pension products; foreign currency exchange services; capitalization bonds; and internet banking services. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil.

Fundamental data was last updated by Penke on 2024-03-01 00:37:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is very efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Banco Bradesco DRC.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Banco earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Banco to the Banks - Regional industry mean.
  • A Net Profit Margin of 13.8% means that $0.14 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Banco Bradesco DRC:

  • The MRQ is 13.8%. The company is making a huge profit. +2
  • The TTM is 13.5%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ13.8%TTM13.5%+0.3%
TTM13.5%YOY23.8%-10.3%
TTM13.5%5Y19.9%-6.4%
5Y19.9%10Y19.9%0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ13.8%36.5%-22.7%
TTM13.5%28.8%-15.3%
YOY23.8%24.2%-0.4%
5Y19.9%23.3%-3.4%
10Y19.9%19.7%+0.2%
1.1.2. Return on Assets

Shows how efficient Banco is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Banco to the Banks - Regional industry mean.
  • 30.5% Return on Assets means that Banco generated $0.31 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Banco Bradesco DRC:

  • The MRQ is 30.5%. Using its assets, the company is very efficient in making profit. +2
  • The TTM is 31.2%. Using its assets, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ30.5%TTM31.2%-0.7%
TTM31.2%YOY64.0%-32.8%
TTM31.2%5Y34.6%-3.4%
5Y34.6%10Y34.6%0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ30.5%0.3%+30.2%
TTM31.2%0.2%+31.0%
YOY64.0%0.2%+63.8%
5Y34.6%0.2%+34.4%
10Y34.6%0.2%+34.4%
1.1.3. Return on Equity

Shows how efficient Banco is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Banco to the Banks - Regional industry mean.
  • 348.0% Return on Equity means Banco generated $3.48 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Banco Bradesco DRC:

  • The MRQ is 348.0%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 352.1%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ348.0%TTM352.1%-4.1%
TTM352.1%YOY717.0%-364.9%
TTM352.1%5Y388.7%-36.7%
5Y388.7%10Y388.7%0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ348.0%3.1%+344.9%
TTM352.1%2.7%+349.4%
YOY717.0%2.7%+714.3%
5Y388.7%2.5%+386.2%
10Y388.7%2.9%+385.8%
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1.2. Operating Efficiency of Banco Bradesco DRC.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Banco is operating .

  • Measures how much profit Banco makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Banco to the Banks - Regional industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Banco Bradesco DRC:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient Banco is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Banco Bradesco DRC:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
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1.3. Liquidity of Banco Bradesco DRC.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Banco is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.33 means the company has $0.33 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Banco Bradesco DRC:

  • The MRQ is 0.328. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.424. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.328TTM0.424-0.096
TTM0.424YOY0.368+0.056
TTM0.4245Y0.465-0.041
5Y0.46510Y0.4650.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3280.234+0.094
TTM0.4240.186+0.238
YOY0.3680.228+0.140
5Y0.4650.233+0.232
10Y0.4650.131+0.334
1.3.2. Quick Ratio

Measures if Banco is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Banco to the Banks - Regional industry mean.
  • A Quick Ratio of 0.12 means the company can pay off $0.12 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Banco Bradesco DRC:

  • The MRQ is 0.120. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.169. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.120TTM0.169-0.049
TTM0.169YOY0.230-0.062
TTM0.1695Y0.169-0.001
5Y0.16910Y0.1690.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM0.1690.001+0.168
5Y0.1690.016+0.153
10Y0.1690.013+0.156
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1.4. Solvency of Banco Bradesco DRC.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Banco assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Banco to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.91 means that Banco assets are financed with 91.2% credit (debt) and the remaining percentage (100% - 91.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Banco Bradesco DRC:

  • The MRQ is 0.912. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.911. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.912TTM0.911+0.001
TTM0.911YOY0.911+0.001
TTM0.9115Y0.662+0.249
5Y0.66210Y0.6620.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9120.916-0.004
TTM0.9110.917-0.006
YOY0.9110.919-0.008
5Y0.6620.920-0.258
10Y0.6620.928-0.266
1.4.2. Debt to Equity Ratio

Measures if Banco is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Banco to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 1,039.6% means that company has $10.40 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Banco Bradesco DRC:

  • The MRQ is 10.396. The company is unable to pay all its debts with equity. -1
  • The TTM is 10.302. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ10.396TTM10.302+0.095
TTM10.302YOY10.218+0.084
TTM10.3025Y7.462+2.840
5Y7.46210Y7.4620.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ10.39610.841-0.445
TTM10.30211.116-0.814
YOY10.21811.414-1.196
5Y7.46211.618-4.156
10Y7.46213.164-5.702
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2. Market Valuation of Banco Bradesco DRC

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Banco generates.

  • Above 15 is considered overpriced but always compare Banco to the Banks - Regional industry mean.
  • A PE ratio of 10.76 means the investor is paying $10.76 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Banco Bradesco DRC:

  • The EOD is 14.045. Based on the earnings, the company is underpriced. +1
  • The MRQ is 10.759. Based on the earnings, the company is underpriced. +1
  • The TTM is 10.336. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD14.045MRQ10.759+3.286
MRQ10.759TTM10.336+0.422
TTM10.336YOY2.336+8.001
TTM10.3365Y5.134+5.203
5Y5.13410Y5.1340.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD14.0453.606+10.439
MRQ10.7593.814+6.945
TTM10.3365.611+4.725
YOY2.3369.550-7.214
5Y5.13410.088-4.954
10Y5.13410.196-5.062
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Banco Bradesco DRC:

  • The EOD is 104.138. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 79.770. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is -17.335. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD104.138MRQ79.770+24.368
MRQ79.770TTM-17.335+97.105
TTM-17.335YOY-1,053.984+1,036.648
TTM-17.3355Y-367.653+350.318
5Y-367.65310Y-367.6530.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD104.1380.729+103.409
MRQ79.7700.771+78.999
TTM-17.3350.514-17.849
YOY-1,053.9845.763-1,059.747
5Y-367.6530.476-368.129
10Y-367.6530.138-367.791
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Banco is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 149.16 means the investor is paying $149.16 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Banco Bradesco DRC:

  • The EOD is 194.719. Based on the equity, the company is expensive. -2
  • The MRQ is 149.156. Based on the equity, the company is expensive. -2
  • The TTM is 99.274. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD194.719MRQ149.156+45.563
MRQ149.156TTM99.274+49.883
TTM99.274YOY61.059+38.215
TTM99.2745Y58.303+40.971
5Y58.30310Y58.3030.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD194.7190.441+194.278
MRQ149.1560.467+148.689
TTM99.2740.520+98.754
YOY61.0590.697+60.362
5Y58.3030.813+57.490
10Y58.3031.069+57.234
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Banco Bradesco DRC compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.0160.118-114%3.802-100%1.426-101%1.426-101%
Book Value Per Share--15.68215.404+2%14.456+8%10.858+44%10.858+44%
Current Ratio--0.3280.424-23%0.368-11%0.465-29%0.465-29%
Debt To Asset Ratio--0.9120.911+0%0.911+0%0.662+38%0.662+38%
Debt To Equity Ratio--10.39610.302+1%10.218+2%7.462+39%7.462+39%
Dividend Per Share--0.2110.088+139%0.087+141%0.143+47%0.143+47%
Eps--54.35248.832+11%96.852-44%80.261-32%80.261-32%
Free Cash Flow Per Share--7.3300.955+667%-0.186+103%0.005+160620%0.005+160620%
Free Cash Flow To Equity Per Share--11.8183.066+285%3.444+243%2.454+382%2.454+382%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Market Cap32495956332032.000+23%24892104752128.00016371693735808.000+52%9547982205572.875+161%11653910039414.137+114%11653910039414.137+114%
Net Profit Margin--0.1380.135+3%0.238-42%0.199-31%0.199-31%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%-0%-0%
Pb Ratio194.719+23%149.15699.274+50%61.059+144%58.303+156%58.303+156%
Pe Ratio14.045+23%10.75910.336+4%2.336+361%5.134+110%5.134+110%
Price Per Share3053.500+23%2339.0001538.375+52%885.625+164%1090.864+114%1090.864+114%
Price To Free Cash Flow Ratio104.138+23%79.770-17.335+122%-1053.984+1421%-367.653+561%-367.653+561%
Price To Total Gains Ratio15685.095+23%12014.8803626.994+231%-142.696+101%3906.665+208%3906.665+208%
Quick Ratio--0.1200.169-29%0.230-48%0.169-29%0.169-29%
Return On Assets--0.3050.312-2%0.640-52%0.346-12%0.346-12%
Return On Equity--3.4803.521-1%7.170-51%3.887-10%3.887-10%
Total Gains Per Share--0.1950.207-6%3.889-95%1.569-88%1.569-88%
Usd Book Value--200263382.400196720014.000+2%186947502.300+7%139515460.473+44%139515460.473+44%
Usd Book Value Change Per Share--0.0000.000-114%0.005-100%0.002-101%0.002-101%
Usd Book Value Per Share--0.0190.018+2%0.017+8%0.013+44%0.013+44%
Usd Dividend Per Share--0.0000.000+139%0.000+141%0.000+47%0.000+47%
Usd Eps--0.0650.059+11%0.116-44%0.096-32%0.096-32%
Usd Free Cash Flow--93614544.00012199883.700+667%-2029389.600+102%183859.091+50816%183859.091+50816%
Usd Free Cash Flow Per Share--0.0090.001+667%0.000+103%0.000+160620%0.000+160620%
Usd Free Cash Flow To Equity Per Share--0.0140.004+285%0.004+243%0.003+382%0.003+382%
Usd Market Cap38995147598.438+23%29870525702.55419646032482.970+52%11457578646.687+161%13984692047.297+114%13984692047.297+114%
Usd Price Per Share3.664+23%2.8071.846+52%1.063+164%1.309+114%1.309+114%
Usd Profit--694108160.226694217329.9520%1335095117.830-48%1057357248.329-34%1057357248.329-34%
Usd Revenue--5013418622.4635219304967.698-4%5595214254.875-10%5314074543.691-6%5314074543.691-6%
Usd Total Gains Per Share--0.0000.000-6%0.005-95%0.002-88%0.002-88%
 EOD+4 -4MRQTTM+17 -16YOY+14 -195Y+14 -1910Y+14 -19

3.2. Fundamental Score

Let's check the fundamental score of Banco Bradesco DRC based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1514.045
Price to Book Ratio (EOD)Between0-1194.719
Net Profit Margin (MRQ)Greater than00.138
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.120
Current Ratio (MRQ)Greater than10.328
Debt to Asset Ratio (MRQ)Less than10.912
Debt to Equity Ratio (MRQ)Less than110.396
Return on Equity (MRQ)Greater than0.153.480
Return on Assets (MRQ)Greater than0.050.305
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Banco Bradesco DRC based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.008
Ma 20Greater thanMa 503,359.000
Ma 50Greater thanMa 1003,594.300
Ma 100Greater thanMa 2003,199.630
OpenGreater thanClose2,999.000
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in ARS. All numbers in thousands.

Summary
Total Assets1,895,059,109
Total Liabilities1,728,172,957
Total Stockholder Equity166,230,067
 As reported
Total Liabilities 1,728,172,957
Total Stockholder Equity+ 166,230,067
Total Assets = 1,895,059,109

Assets

Total Assets1,895,059,109
Total Current Assets430,085,830
Long-term Assets-
Total Current Assets
Cash And Cash Equivalents 158,627,110
Short-term Investments 150,108,409
Net Receivables 6,628,490
Other Current Assets 142,442,602
Total Current Assets  (as reported)430,085,830
Total Current Assets  (calculated)457,806,611
+/- 27,720,781
Long-term Assets
Property Plant Equipment 10,988,358
Goodwill 6,573,725
Long Term Investments 663,010,935
Intangible Assets 13,104,238
Long-term Assets  (as reported)0
Long-term Assets  (calculated)693,677,256
+/- 693,677,256

Liabilities & Shareholders' Equity

Total Current Liabilities1,309,686,863
Long-term Liabilities-
Total Stockholder Equity166,230,067
Total Current Liabilities
Accounts payable 613,928,452
Other Current Liabilities 333,476,972
Total Current Liabilities  (as reported)1,309,686,863
Total Current Liabilities  (calculated)947,405,424
+/- 362,281,439
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt3,960,511
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)3,960,511
+/- 3,960,511
Total Stockholder Equity
Common Stock87,100,000
Retained Earnings 77,075,087
Other Stockholders Equity 1,984,484
Total Stockholder Equity (as reported)166,230,067
Total Stockholder Equity (calculated)166,159,571
+/- 70,496
Other
Capital Stock87,170,496
Common Stock Shares Outstanding 10,625,852
Net Debt 184,831,042
Net Invested Capital 509,688,219
Net Tangible Assets 150,205,469
Property Plant and Equipment Gross 27,821,058



Balance Sheet

Currency in ARS. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-31
> Total Assets 
0
0
0
0
0
0
0
1,675,572,193
1,701,376,036
1,735,945,156
1,861,372,023
1,799,615,675
1,828,731,521
1,863,388,514
1,895,059,109
1,895,059,1091,863,388,5141,828,731,5211,799,615,6751,861,372,0231,735,945,1561,701,376,0361,675,572,1930000000
   > Total Current Assets 
606,105,691
687,530,074
764,608,766
385,591,859
673,448,830
661,484,118
650,139,883
281,330,645
407,294,205
315,083,547
417,450,052
297,421,734
376,522,920
903,462,817
430,085,830
430,085,830903,462,817376,522,920297,421,734417,450,052315,083,547407,294,205281,330,645650,139,883661,484,118673,448,830385,591,859764,608,766687,530,074606,105,691
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
128,420,683
124,218,960
142,418,544
153,218,964
142,983,856
144,867,227
158,502,122
158,627,110
158,627,110158,502,122144,867,227142,983,856153,218,964142,418,544124,218,960128,420,6830000000
       Short-term Investments 
0
0
0
0
0
0
0
193,516,537
186,431,595
185,955,663
210,649,910
215,588,278
211,038,498
144,473,130
150,108,409
150,108,409144,473,130211,038,498215,588,278210,649,910185,955,663186,431,595193,516,5370000000
       Net Receivables 
88,637,303
94,153,084
93,809,553
5,535,882
91,679,759
89,577,625
91,444,267
5,801,294
92,398,292
5,296,502
6,879,440
7,706,021
6,918,880
2,672,391
6,628,490
6,628,4902,672,3916,918,8807,706,0216,879,4405,296,50292,398,2925,801,29491,444,26789,577,62591,679,7595,535,88293,809,55394,153,08488,637,303
       Inventory 
1,323,262
1,411,415
1,304,041
1,202,488
0
1,212,259
1,216,086
1,196,272
0
1,207,262
0
1,236,931
1,267,544
0
1,248,792
1,248,79201,267,5441,236,93101,207,26201,196,2721,216,0861,212,25901,202,4881,304,0411,411,4151,323,262
       Other Current Assets 
157,940,224
162,998,689
157,233,946
117,577,453
162,944,327
163,588,117
160,605,507
120,423,182
165,278,041
131,182,004
147,444,346
136,876,324
129,673,352
765,245,680
142,442,602
142,442,602765,245,680129,673,352136,876,324147,444,346131,182,004165,278,041120,423,182160,605,507163,588,117162,944,327117,577,453157,233,946162,998,689157,940,224
   > Long-term Assets 000000000000000
       Property Plant Equipment 
9,921,862
9,696,363
9,563,133
14,071,129
9,555,754
9,319,685
9,062,417
13,513,105
9,757,794
12,685,417
12,037,027
11,971,122
12,201,684
11,499,798
10,988,358
10,988,35811,499,79812,201,68411,971,12212,037,02712,685,4179,757,79413,513,1059,062,4179,319,6859,555,75414,071,1299,563,1339,696,3639,921,862
       Goodwill 
0
0
0
0
0
0
0
6,048,734
6,520,247
6,520,247
6,542,091
6,542,091
6,556,713
6,590,591
6,573,725
6,573,7256,590,5916,556,7136,542,0916,542,0916,520,2476,520,2476,048,7340000000
       Long Term Investments 
0
0
0
0
0
0
0
758,349,633
737,104,130
770,457,746
810,206,124
779,330,052
761,112,644
688,317,175
663,010,935
663,010,935688,317,175761,112,644779,330,052810,206,124770,457,746737,104,130758,349,6330000000
       Intangible Assets 
0
0
0
0
0
0
0
8,862,273
9,825,463
9,904,427
10,938,075
12,257,722
13,095,376
12,971,455
13,104,238
13,104,23812,971,45513,095,37612,257,72210,938,0759,904,4279,825,4638,862,2730000000
> Total Liabilities 
0
0
0
0
0
0
0
1,525,343,486
1,547,153,770
1,579,080,603
1,699,529,208
1,640,874,411
1,665,685,239
1,696,328,832
1,728,172,957
1,728,172,9571,696,328,8321,665,685,2391,640,874,4111,699,529,2081,579,080,6031,547,153,7701,525,343,4860000000
   > Total Current Liabilities 
831,252,098
911,186,951
995,009,861
905,674,048
1,012,607,768
1,009,315,794
1,035,467,268
930,470,383
987,799,401
916,067,232
1,008,467,788
990,312,960
1,010,967,750
1,296,575,923
1,309,686,863
1,309,686,8631,296,575,9231,010,967,750990,312,9601,008,467,788916,067,232987,799,401930,470,3831,035,467,2681,009,315,7941,012,607,768905,674,048995,009,861911,186,951831,252,098
       Accounts payable 
401,915,369
493,431,488
522,762,357
547,683,129
539,982,090
546,710,575
565,363,026
575,889,977
548,735,486
567,554,295
590,830,982
593,422,900
589,215,657
896,273,798
613,928,452
613,928,452896,273,798589,215,657593,422,900590,830,982567,554,295548,735,486575,889,977565,363,026546,710,575539,982,090547,683,129522,762,357493,431,488401,915,369
       Other Current Liabilities 
55,955,891
60,873,514
58,811,051
36,357,654
87,003,055
94,542,673
98,476,768
38,806,213
97,665,820
43,124,488
43,153,199
43,152,274
41,940,372
327,522,723
333,476,972
333,476,972327,522,72341,940,37243,152,27443,153,19943,124,48897,665,82038,806,21398,476,76894,542,67387,003,05536,357,65458,811,05160,873,51455,955,891
   > Long-term Liabilities 000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
4,661,486
5,175,305
5,057,748
4,801,766
4,596,412
4,681,417
4,294,950
3,960,511
3,960,5114,294,9504,681,4174,596,4124,801,7665,057,7485,175,3054,661,4860000000
       Deferred Long Term Liability 
1,047,370
1,012,152
1,025,050
1,020,567
1,100,027
1,135,725
1,151,579
1,115,127
1,152,881
1,132,337
1,254,202
1,285,383
0
0
0
0001,285,3831,254,2021,132,3371,152,8811,115,1271,151,5791,135,7251,100,0271,020,5671,025,0501,012,1521,047,370
> Total Stockholder Equity
0
0
0
0
0
0
0
149,776,837
153,777,736
156,434,634
161,359,321
158,265,358
162,485,997
166,454,090
166,230,067
166,230,067166,454,090162,485,997158,265,358161,359,321156,434,634153,777,736149,776,8370000000
   Retained Earnings 
50,598,602
52,985,796
55,773,626
58,750,920
59,055,182
61,100,338
67,221,315
68,242,639
67,681,050
73,171,363
76,362,942
74,387,465
986,886
76,403,179
77,075,087
77,075,08776,403,179986,88674,387,46576,362,94273,171,36367,681,05068,242,63967,221,31561,100,33859,055,18258,750,92055,773,62652,985,79650,598,602
   Accumulated Other Comprehensive Income 000000000000000
   Capital Surplus 000000000000000
   Treasury Stock000000000000000



Balance Sheet

Currency in ARS. All numbers in thousands.




Cash Flow

Currency in ARS. All numbers in thousands.




Income Statement

Currency in BRL. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue103,403,551
Cost of Revenue--
Gross Profit-103,403,551
 
Operating Income (+$)
Gross Profit-
Operating Expense--
Operating Income-0
 
Operating Expense (+$)
Research Development-
Selling General Administrative43,136,256
Selling And Marketing Expenses-
Operating Expense-43,136,256
 
Net Interest Income (+$)
Interest Income219,013,873
Interest Expense-155,930,470
Other Finance Cost-0
Net Interest Income63,083,403
 
Pretax Income (+$)
Operating Income-
Net Interest Income63,083,403
Other Non-Operating Income Expenses-
Income Before Tax (EBT)8,076,1640
EBIT - interestExpense = -155,930,470
13,148,549
169,079,019
Interest Expense155,930,470
Earnings Before Interest and Taxes (EBIT)-164,006,634
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax8,076,164
Tax Provision--5,315,878
Net Income From Continuing Ops13,392,04213,392,042
Net Income13,148,549
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--63,083,403
 

Technical Analysis of Banco
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 Banco. The general trend of Banco is BULLISH with 14.3% 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 Banco'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 (14.3%) Bearish trend (-14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Banco Bradesco DRC.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 3,658 < 4,235 < 4,250.

The bearish price targets are: 2,897 > 2,790 > 2,500.

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Banco Bradesco DRC Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Banco Bradesco DRC. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

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

Banco Bradesco DRC Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Banco Bradesco DRC. The current macd is -189.67286469.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Banco price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Banco. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Banco price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Banco Bradesco DRC Daily Moving Average Convergence/Divergence (MACD) ChartBanco Bradesco DRC Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Banco Bradesco DRC. The current adx is 33.23.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Banco shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Banco Bradesco DRC Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Banco Bradesco DRC. The current sar is 2,910.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Banco Bradesco DRC Daily Parabolic SAR Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Banco Bradesco DRC. The current rsi is 36.01. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Banco Bradesco DRC Daily Relative Strength Index (RSI) ChartBanco Bradesco DRC Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Banco Bradesco DRC. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Banco price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Banco Bradesco DRC Daily Stochastic Oscillator ChartBanco Bradesco DRC Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Banco Bradesco DRC. The current cci is -66.69221666.

Banco Bradesco DRC Daily Commodity Channel Index (CCI) ChartBanco Bradesco DRC Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Banco Bradesco DRC. The current cmo is -31.85832235.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Banco Bradesco DRC Daily Chande Momentum Oscillator (CMO) ChartBanco Bradesco DRC Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Banco Bradesco DRC. The current willr is -74.04958678.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Banco is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Banco Bradesco DRC Daily Williams %R ChartBanco Bradesco DRC Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Banco Bradesco DRC.

Banco Bradesco DRC Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Banco Bradesco DRC. The current atr is 192.00.

Banco Bradesco DRC Daily Average True Range (ATR) ChartBanco Bradesco DRC Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Banco Bradesco DRC. The current obv is 1,902,371.

Banco Bradesco DRC Daily On-Balance Volume (OBV) ChartBanco Bradesco DRC Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Banco Bradesco DRC. The current mfi is 15.62.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Banco Bradesco DRC Daily Money Flow Index (MFI) ChartBanco Bradesco DRC Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Banco Bradesco DRC.

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
2023-10-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-10-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-10-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-25WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-27STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-02CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-22BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-24RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-28MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-20MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-03WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-05BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-09RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-20MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-23MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Banco Bradesco DRC Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Banco Bradesco DRC based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.008
Ma 20Greater thanMa 503,359.000
Ma 50Greater thanMa 1003,594.300
Ma 100Greater thanMa 2003,199.630
OpenGreater thanClose2,999.000
Total2/5 (40.0%)
Penke

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