CIA DE MINAS BUENAVENTUR-ADR (BVN) Stock Technical Analysis
NYSE:BVN - New York Stock Exchange, Inc. - US2044481040 - ADR - Currency: USD
Overall BVN gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BVN is only an average performer.
BVN is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 66% are performing better than BVN.
The long and short term trends are both positive. This is looking good!
BVN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BVN is lagging the market slightly.
BVN has an average volume of 1036870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, BVN outperforms 54% of them, which is more or less in line with the market.
In the last month BVN has a been trading in the 15.62 - 17.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BVN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
11.87
17.47
We found 4 important support areas.
- A support zone ranging from 15.89 to 16.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.51 from a trend line in the weekly time frame.
- A support zone ranging from 12.96 to 13.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @11.99 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 16.88 to 16.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.30 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BVN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BVN is up. |
| ChartMill Relative Strength | 54.07 | NEUTRAL | BVN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BVN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BVN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BVN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.09 | NEUTRAL | The RSI value for BVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BVN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.41 | NEUTRAL | The Stochastics value for BVN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for BVN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.43 | NEGATIVE | The low ADX value for BVN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.41 | 15.99 | 0.42 (2.56%) | 25.00% |
| An entry @16.41. This is a Buy Stop order right above the resistance zone. | An exit @15.99. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.42 points, which is 2.56%. | For a 0.64% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BVN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
16.7
+0.08 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.48%
1 Week0.18%
2 Weeks0.85%
1 Month3.28%
3 Month25.38%
6 Month39.52%
12 Month-1.65%
2 Year116.32%
3 Year206.99%
5 Year40.81%
10 Year134.55%
15 Year-56.75%
Volatility
ATR(14)0.45
ATR(20)%2.88%
ATR Inc-30.33%
Range Today0.32
ADR(20)0.44
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.07
Mansfield1
10 Day High16.76
10 Day Low15.62
20 Day High17.43
20 Day Low15.62
52 Week High17.71
52 Week Low11.5
CS1 End16.14
CR1 Start16.2
Volume & EV
DER(3)-1.39%
DER(5)-1.59%
Volume280.30K
Volume Incr-45.85%
Vol(5)648.28K
Vol(50)1.04M