GRUPO SUPERVIELLE SA-SP ADR (SUPV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SUPV - US40054A1088 - ADR
Overall SUPV gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SUPV is showing a nice and steady performance.
SUPV 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. There is a support zone below the current price at 11.00, a Stop Loss order could be placed below this zone.
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9.40
We found 2 important support areas.
- A support zone ranging from 10.80 to 11.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.49 to 9.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 11.34 to 11.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.73 from a horizontal line in the daily time frame.
- Resistance @11.99 from a trend line in the daily time frame.
- Resistance @12.43 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 SUPV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SUPV is up. |
| ChartMill Relative Strength | 91.66 | POSITIVE | SUPV has a high relative strength, it outperformed 91.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SUPV is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SUPV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SUPV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.84 | NEUTRAL | The RSI value for SUPV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SUPV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.98 | NEUTRAL | The Stochastics value for SUPV is a neutral value. |
| Average True Range in percent/ATR (20) | 6.98 | HIGH VOLATILITY | The high ATR as a percentage value for SUPV suggests high volalility. |
| Average Directional Index/ADX (14) | 22.16 | NEUTRAL | The ADX value for SUPV 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 |
|---|---|---|---|
| 11.47 | 10.79 | 0.68 (5.93%) | 16.87% |
| An entry @11.47. This is a Buy Stop order right above the resistance zone. | An exit @10.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.68 points, which is 5.93%. | For a 1.00% total portfolio risk, you can invest 16.87% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SUPV. 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.
11.04
+0.12 (+1.1%)
GRUPO SUPERVIELLE SA-SP ADR / SUPV FAQ
What is the ChartMill technical rating of GRUPO SUPERVIELLE SA-SP ADR (SUPV) stock?
ChartMill assigns a technical rating of 8 / 10 to SUPV.
What is the trend direction for SUPV stock?
The current trend direction for GRUPO SUPERVIELLE SA-SP ADR (SUPV) is Bullish.
What is the RSI signal for SUPV stock?
GRUPO SUPERVIELLE SA-SP ADR (SUPV) has an RSI value of 54.8437. This indicates that the stock is currently neutral.
What is the MACD signal for GRUPO SUPERVIELLE SA-SP ADR (SUPV) stock?
The MACD indicator for GRUPO SUPERVIELLE SA-SP ADR (SUPV) has a value of -0.110055, indicating a bearish trend.
What is the short term momentum for SUPV stock?
The short term momentum for GRUPO SUPERVIELLE SA-SP ADR (SUPV) is positive.