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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
19.4% Moderate
Bovespa (Brazil)
Strong Bullish195,129
+1.52%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (74.2)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Buyers defend the 20-day SMA at 183,862 — the near-term trend structure remains intact. The momentum gauge prints 74 — historically, readings above 65 precede short-term retracements in this name. The MACD reading adds conviction to the long thesis — positive and expanding histogram with a bullish signal-line cross. The scoring engine flags Long Call with a 72% conviction score — the strongest signal in today's scan.
Support / Resistance
Support175,039
Resistance195,514
Moving Averages
21-day SMA183,867
50-day SMA184,842
100-day SMA173,086
200-day SMA156,940
Moving Average Signals
Bullish short-term cross (21-EMA crossed above 50-SMA) — Trend accelerating upward
Momentum (RSI)
RSI is extremely high at 74.2 (Overbought), indicating price is extended and a pullback is likely.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 195,514 |
| 23.6% | 190,682 |
| 38.2% | 187,693 |
| 50.0% | 185,276 |
| 61.8% | 182,860 |
| 78.6% | 179,421 |
| Low (100.0%) | 175,039 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 198,176 |
| Ext 1.272 (Up) | 201,083 |
| Ext 1.618 (Up) | 208,168 |
| Ext 1.13 (Dn) | 172,377 |
| Ext 1.272 (Dn) | 169,470 |
| Ext 1.618 (Dn) | 162,385 |
Trade Setup
Entry
195,129
Stop Loss
192,976
Take Profit
199,435
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call72%
Buy OTM Call
Call Ratio Backspread72%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)69%
Sell OTM Put
Market Search Previews
Key Takeaway
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
⚠ Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice. Options trading involves significant risk of loss. Past performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.