CIA DE MINAS BUENAVENTUR-ADR (BVN) Technical Analysis
NYSE:BVN • US2044481040
Taking everything into account, BVN scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month BVN has a been trading in the 35.43 - 44.67 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Looking at the yearly performance, BVN did better than 96% of all other stocks. On top of that, BVN also shows a nice and consistent pattern of rising prices.
- BVN is part of the Metals & Mining industry. There are 157 other stocks in this industry. BVN outperforms 76% of them.
- BVN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BVN is performing more or less in line with the market.
- BVN has an average volume of 1697310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Besides having an excellent technical rating, BVN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 37.02, a Stop Loss order could be placed below this zone.
More info and screens
26.05
3 important support areas can be observed.
- A support zone ranging from 36.53 to 37.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.12 from a trend line in the weekly time frame.
- Support @26.31 from a trend line in the daily 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 | DOWN | NEGATIVE | The short term trend for BVN is down. |
| ChartMill Relative Strength | 96.42 | POSITIVE | BVN has a high relative strength, it outperformed 96.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BVN is below 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) | 48.36 | NEUTRAL | The RSI value for BVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests BVN has a negative trend. |
| Stochastics (14,3) | 19.76 | OVERSOLD | The low Stochastics value suggests BVN may be oversold. |
| Average True Range in percent/ATR (20) | 6.12 | HIGH VOLATILITY | The high ATR as a percentage value for BVN suggests high volalility. |
| Average Directional Index/ADX (14) | 24.54 | NEUTRAL | The ADX value for BVN suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 39.65 | 36.52 | 3.13 (7.90%) | 12.65% |
| An entry @39.65. This is a Buy Stop order right above the 10 day moving average. | An exit @36.52. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.13 points, which is 7.90%. | For a 1.00% total portfolio risk, you can invest 12.65% 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.
BVN Technicals: Chart, Performance Metrics, Trend & Indicators
37.51
+0.48 (+1.3%)
CIA DE MINAS BUENAVENTUR-ADR / BVN FAQ
Can you provide the ChartMill technical rating for CIA DE MINAS BUENAVENTUR-ADR?
ChartMill assigns a technical rating of 9 / 10 to BVN.
What is the current trend direction of CIA DE MINAS BUENAVENTUR-ADR (BVN) stock?
The current trend direction for CIA DE MINAS BUENAVENTUR-ADR (BVN) is Bullish.
Can you provide the RSI signal for CIA DE MINAS BUENAVENTUR-ADR?
CIA DE MINAS BUENAVENTUR-ADR (BVN) has an RSI value of 48.3565. This indicates that the stock is currently neutral.
What is the MACD signal for CIA DE MINAS BUENAVENTUR-ADR (BVN) stock?
The MACD indicator for CIA DE MINAS BUENAVENTUR-ADR (BVN) has a value of -0.534747, indicating a bearish trend.
Can you provide the buy/sell signal for CIA DE MINAS BUENAVENTUR-ADR?
The buy/sell signal for CIA DE MINAS BUENAVENTUR-ADR (BVN) is hold as the short term and long term trends are mixed.