Itau Unibanco Holding SA

ITUB remains in a Stage 2 advancing uptrend with consistent higher highs and higher lows. The current pullback into the rising 9 and 21 EMAs, with neutral RSI and Options Score, offers a favorable entry point. Medium- and long-term biases remain bullish, supporting immediate buy participation on this corrective reset.

• ↑Q4 net income R$12.3B (+13.2% YoY), ROE 27.3%.
• ↑Loan portfolio grew 6% YoY to R$1.49T with high-quality credit.
• ↓Election-year uncertainty could dent consumer confidence and loans.