Itaú Unibanco’s actions (Itub4) are still demonstrating Buying Force in 2025with an expressive appreciation of 20.55% in the year and 10.78% only in Marchbeing currently quoted to R $ 32.15. The paper continues in loud trendbut find it difficult to consolidate above the new historical topregistered in the last week in R $ 32.61.
The breakdown of this resistance will be decisive to confirm the continuity of the ascending movement. However, there are technical signs indicating that paper can go through a period of short term correctionsince it is away from moving averages and presents a High Relative Force Index (IFR)suggesting overcompire.
To understand how far Itaú Unibanco’s stock price can go, check out the full technical analysis and the main support and resistance points.
Technical Analysis of Itaú Unibanco
The analysis of weekly chart shows that Itub4 maintains a stupid structure, negotiating Above moving averages and forming ascending tops and funds. The breaking of the previous historical top, in the R $ 32.28reinforced this trend, leading the asset to test a new level of price in R $ 32.61.
This appreciation comes from the support found in the R $ 25.89region where there was a strong entry of buyers at the end of 2024, reversing the correction movement that occurred after the previous historical maxim. Since then, Itub4 has resumed the buying flow and continues with positive bias in the medium term.
However, There are technical factors that suggest that paper can undergo an adjustment before seeking new high. The first point of attention is that the price is far from moving averages of 9 and 21 periodssomething that historically tends to generate approach movements – that is, a possible correction to resume balance.
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In addition, the IFR (14) is 66.10a level close to the overcomparance zone. If there is a movement movement, the first relevant support zone is in the Last week minimum at R $ 31.14. If this level is lost, the correction can extend to R $ 30.04 and R $ 28.89regions where are the moving averages.
A more intense fall could lead Itub4 to seek supports in R $ 27.63 and R $ 25.89with an even longer target in the range of R $ 24.00where there is a relevant technical support, besides the moving average of 200 periods at R $ 22.85.
On the other hand, If the buyer flow continues to predominate and Itub4 exceed R $ 32.61the next projected target is between R $ 34.10 and R $ 36.65. In an even more optimistic scenario, the asset can seek the R $ 37.90/ R $ 40.76with a long -term target close to R $ 42.00.
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Short -term analysis
In the daily chart, Itub4 follows with a high -stretched movementreflecting the strong buying impulse of recent months. The asset broke the historical top of R $ 32.28reaching R $ 32.61but unable to consolidate above this level.
In the short term, the paper continues negotiating above moving averageswhich follow inclined upwards, confirming the positive trend. However, the recent sequence of high pushed the price of averages awaywhich historically increases the chances of a correction.
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Another factor that reinforces this risk is the IFR in 71.59a level that indicates about it. Therefore, there is a higher risk of profit.
If the correction is materialized, The first relevant support is in moving averages, between R $ 31.50 and R $ 30.35. A loss of this region could lead Itub4 to test R $ 29.35 and R $ 29.00with longer supports in R $ 27.60 and R $ 25.90.
On the other hand, so that the tall trend is strong, it will be essential that the asset Break R $ 32.61 with consistency. If this occurs, the targets projected in the short term are in R $ 33.60 and R $ 34.15being able to seek R $ 35.30 and R $ 36.40 in a more optimistic scenario.
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Itub4 supports and resistances
Supports:
- R $ 31.14 – Last week minimum; Loss of this level may indicate initiation of correction.
- R $ 30.04 – R $ 28.89 – Region of moving averages in the weekly chart; important technical support.
- R $ 27.63 – R $ 25.89 – Region that served as the basis for the last rise; strong support in the medium term.
- R $ 24.00 – longer support, before the moving average of 200 periods.
- R $ 22.85 – Moving average of 200 periods; Last relevant support in the long run.
Resistances:
- R $ 32.61 – Current historical top and main short -term resistance. Breaking it can make room for more appreciation.
- R $ 34.10 – R $ 36.65 – Region of targets projected after the historical top break.
- R $ 37.90 – R $ 40.76 – Longer resistance range if the buyer flow follows strong.
- R $ 42.00 – long -term projected target.
(Rodrigo Paz is a technical analyst)
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