Shares of Itau Unibanco Banco Holding SA (ITUB) Sees Large Outflow of Money

Itau Unibanco Banco Holding SA (ITUB) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($3.57 million) and the uptick to downtick ratio was 0.79. The transaction value on upticks was $13.49 million and on downticks, the transaction value was $17.06 million. In block trades, the transaction value of inflow done during uptick was $0.98 million. The transaction value of block trades during downticks was $4.29 million. The uptick to downtick block trade ratio was 0.23. The money flow was negative ($3.31 million), indicating the traders were booking profit on the price strength. Itau Unibanco Banco Holding SA (ITUB) rose $0.32 at $10.28, during intraday Thursday , a rise of 3.16% over the previous days close.


The stock has recorded a 20-day Moving Average of 13.92% and the 50-Day Moving Average is 17.25%. Shares have dropped -3.56% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $10.18 and the one year low was seen on Jan 21, 2016. The 50-Day Moving Average price is $8.68 and the 200 Day Moving Average price is recorded at $7.88.

Itau Unibanco Banco Holding SA (NYSE:ITUB): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.33 and $10.21 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $10.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.26, notching a gain of 3.01% for the day. The total traded volume was 14,270,851 . The stock had closed at $9.96 on the previous day.

Itau Unibanco Holding S.A. (Itau Unibanco Holding) is a holding company. The Company provides a range of financial products and services to individual and corporate clients in Brazil. It operates in four segments: Commercial Bank-Retail, which offers a range of banking services for retail individuals or clients and for companies, including services, such as asset management, investor services, insurance, private pension plans and credit cards issued to account holders; Consumer Credit-Retail, which offers financial products and services to account holders, such as vehicle financing, credit card transactions and consumer financing; Wholesale Bank, which offers wholesale products and services to large and medium-sized companies, as well as investment bank activities and The Activities with the Market and Corporation segment manages the interest income associated with ITAU UNIBANCO HOLDING capital surplus, subordinated debt surplus and the net balance of tax credits and debits.

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