BSBR Makes Bullish Cross Above Critical Moving Average

In trading on Friday, shares of Banco Santander Brasil SA ( BSBR) crossed above their 200 day moving average of $7.36, changing hands as high as $7.40 per share. Banco Santander Brasil SA shares are currently trading up about 0.6% on the day. The chart below shows the one year performance of BSBR shares, versus its 200 day moving average:

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Banco Santander Brasil SA 200 Day Moving Average Chart

Looking at the chart above, BSBR's low point in its 52 week range is $6.56 per share, with $9.04 as the 52 week high point — that compares with a last trade of $7.34.

BSBR makes up 9.24% of the Brazil Financials ETF ( BRAF)
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