
USA - New York Stock Exchange - NYSE:BVN - US2044481040 - ADR
We assign a technical rating of 10 out of 10 to BVN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BVN is showing a nice and steady performance.
Although BVN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
23.43
3 important support areas can be observed.
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 | 95.91 | POSITIVE | BVN has a high relative strength, it outperformed 95.91% off all stocks 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) | 75.35 | OVERBOUGHT | The high RSI value suggests BVN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests BVN has a positive trend. |
| Stochastics (14,3) | 92.58 | OVERBOUGHT | The high Stochastics value suggests BVN may be overbought. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for BVN suggests some volalility. |
| Average Directional Index/ADX (14) | 24.28 | NEUTRAL | The ADX value for BVN suggests a possible start of a new trend. |
28.16
+0.38 (+1.37%)
ChartMill assigns a technical rating of 10 / 10 to BVN.
The current trend direction for CIA DE MINAS BUENAVENTUR-ADR (BVN) is Bullish.
CIA DE MINAS BUENAVENTUR-ADR (BVN) has an RSI value of 75.3546. This indicates that the stock is currently overbought.
The short term momentum for CIA DE MINAS BUENAVENTUR-ADR (BVN) is positive.
The buy/sell signal for CIA DE MINAS BUENAVENTUR-ADR (BVN) is buy as both the short term and long term trends are positive.