Is This the Top for Banco Santander Brasil (BSBR)? - Tale of the Tape

by Zacks, Benzinga Contributor

April 2, 2014 11:24 AM | 1 min read | Make a Comment

Although Banco Santander Brasil SA BSBR is up over 12.1% in the past four weeks, investors may be concerned. After all, BSBR is now in overbought territory, at least when looking at its RSI value of 72.5. If that wasn't enough, investors should also note that Banco Santander Brasil possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in BSBR shares before too long.

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