CIA DE MINAS BUENAVENTUR-ADR (BVN) Technical Analysis
NYSE:BVN • US2044481040
Current stock price
BVN Technical Rating and Analysis
Taking everything into account, BVN scores 6 out of 10 in our technical rating. BVN was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month BVN has a been trading in the 30.67 - 39.28 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.
- When comparing the yearly performance of all stocks, we notice that BVN is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by BVN over the past year are nicely spread over this period.
- BVN has an average volume of 1571100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- BVN is an average performer in the Metals & Mining industry, it outperforms 68% of 163 stocks in the same industry.
- BVN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BVN is lagging the market.
BVN Weekly and Daily overview Charts
BVN Setup Rating and Analysis
BVN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
BVN Support and Resistance Analysis
27.87
We found 3 important support areas.
- A support zone ranging from 30.29 to 30.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.71 from a trend line in the weekly time frame.
- Support @28.15 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 31.77 to 31.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 36.19 to 36.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
BVN Technical Indicator Signal Analysis
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 | 90.58 | POSITIVE | BVN has a high relative strength, it outperformed 90.58% 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) | DOWN | NEGATIVE | The current price of BVN is below a declining 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) | 35.5 | NEUTRAL | The RSI value for BVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests BVN has a negative trend. |
| Stochastics (14,3) | 19.25 | OVERSOLD | The low Stochastics value suggests BVN may be oversold. |
| Average True Range in percent/ATR (20) | 5.91 | HIGH VOLATILITY | The high ATR as a percentage value for BVN suggests high volalility. |
| Average Directional Index/ADX (14) | 12.53 | NEGATIVE | The low ADX value for BVN suggests a weak or negative trend. |
BVN Chart- and CandleStick Pattern Analysis
BVN Technicals: Chart, Performance Metrics, Trend & Indicators
31.76
-3.32 (-9.46%)
CIA DE MINAS BUENAVENTUR-ADR / BVN TA FAQ
Can you provide the ChartMill technical rating for CIA DE MINAS BUENAVENTUR-ADR?
ChartMill assigns a technical rating of 6 / 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.
What is the RSI signal for BVN stock?
CIA DE MINAS BUENAVENTUR-ADR (BVN) has an RSI value of 35.5014. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CIA DE MINAS BUENAVENTUR-ADR?
The short term momentum for CIA DE MINAS BUENAVENTUR-ADR (BVN) is negative.
What is the support and resistance level for BVN stock?
CIA DE MINAS BUENAVENTUR-ADR (BVN) has a support level at 30.29 and a resistance level at 31.77. Check the full technical report for our detailed analysis of BVN support and resistance levels.