CIA DE MINAS BUENAVENTUR-ADR (BVN) Stock Technical Analysis
USA - NYSE:BVN - US2044481040 - ADR
23.04 USD
-0.52 (-2.21%)
23.04 USD
0 (0%)
Taking everything into account, BVN scores 9 out of 10 in our technical rating. In the last year, BVN was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that BVN is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, BVN also shows a nice and consistent pattern of rising prices.
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.
In the last month BVN has a been trading in the 21.00 - 24.07 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
BVN has an average volume of 1487180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BVN is an average performer in the Metals & Mining industry, it outperforms 66% of 154 stocks in the same industry.
BVN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 22.96, a Stop Loss order could be placed below this zone.
More info and screens
20.36
23.84
We found 4 important support areas.
- A support zone ranging from 22.16 to 22.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.71 from a trend line in the daily time frame.
- Support @21.16 from a horizontal line in the daily time frame.
- Support @20.57 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @23.60 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for BVN is neutral. |
| ChartMill Relative Strength | 94.75 | POSITIVE | BVN has a high relative strength, it outperformed 94.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BVN is above a declining 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) | 50.53 | NEUTRAL | The RSI value for BVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests BVN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.12 | OVERBOUGHT | The high Stochastics value suggests BVN may be overbought. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for BVN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.18 | NEUTRAL | The ADX value for BVN suggests a possible start of a new 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 |
|---|---|---|---|
| 23.61 | 22.15 | 1.46 (6.18%) | 16.17% |
| An entry @23.61. This is a Buy Stop order right above the resistance zone. | An exit @22.15. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.46 points, which is 6.18%. | When investing 16.17% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
23.04
-0.52 (-2.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.21%
1 Week-1.29%
2 Weeks5.11%
1 Month-10.18%
3 Month22.1%
6 Month53.6%
12 Month91.04%
2 Year141.51%
3 Year182.35%
5 Year107.57%
10 Year386.08%
15 Year-54.5%
Volatility
ATR(14)0.98
ATR(20)%4.79%
ATR Inc12.5%
Range Today0.92
ADR(20)0.98
ADR(20)%4.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.75
3 months CRS91.13
6 months CRS91.36
Mansfield2.79
10 Day High23.99
10 Day Low21.04
20 Day High24.07
20 Day Low21
52 Week High26.97
52 Week Low11.5
CS1 End22.96
CR1 Start23.6
Volume & EV
DER(3)1.78%
DER(5)1.89%
Volume732.48K
Volume Incr20.04%
Vol(5)1.80M
Vol(50)1.49M
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.
Can you provide the trend direction for CIA DE MINAS BUENAVENTUR-ADR?
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 50.5324. This indicates that the stock is currently neutral.
What is the short term momentum for CIA DE MINAS BUENAVENTUR-ADR (BVN) stock?
The short term momentum for CIA DE MINAS BUENAVENTUR-ADR (BVN) is neutral.