Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSE | BRU
Monday June 24, 2019 Change 3.33% Price $17.08
Chart period: 2019-03-25 - 2019-06-24
VOLUME
Sell
TREND
Hold
MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Social Sentiment for BVN

Today's data is from 1 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
100%
0%
Weighted Sentiment 0.87

Will BVN stock price go up or down on Wed, 26 Jun 2019?

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Buenaventura Mining Company Inc Forecast and Stock Analysis

Technical BVN stock analysis for Monday June 24, 2019.

Buy candidate since 2019-06-24


Buenaventura Mining Company Inc gained 3.33% in the last trading day ( Monday, 24th Jun 2019 ), rising from $16.53 to $17.08 During day the stock fluctuated 3.14% from a day low at $16.58 to a day high of $17.10. The price has risen in 6 of the last 10 days and is up by 11.34% over the past 2 weeks. Volume fell in the last day by -1.63 million shares, and in total, 1.20 million shares bought and sold for approximately $20.57 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Quick summary:

  • 30 day high of the BVN stock price was $17.10 and low was $14.15.
  • 90 day high was $17.71 and low was $14.15.
  • 52 week high for the Buenaventura Mining Company Inc - $17.78 and low - $11.67.

Trend

Buenaventura Mining Company Inc has broken the wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction there will be support on the roof on the current trend broken, which is $16.10, a level that may pose a second chance to hit a runner. According to fan-theory $18.46 will be the next possible trendtop level and thereby pose a resistance level which may not be broken on the first attempt.

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Signals

Only positive signals in the chart today. Buenaventura Mining Company Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $16.11 and $15.45. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday June 17, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely.

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A buy signal from a double bottom formation was found on Monday June 17, 2019 with a target of $16.26. Despite the objective of the signal formation has been reached the stock may continue to perform well.

Relative Strength Index (RSI)

RSI14 is 69 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Buenaventura Mining Company Inc finds support from accumulated volume at $16.53.

Support: $16.53 Price: $17.08 Resistance: $17.22

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.52 between high and low, or 3.14%. For the last week, the stock has had a daily average volatility of 3.21%.

Our recommended stoploss: $16.47 (-3.60%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 5 days ago.)

3.21 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

Buy Candidate Upgraded
Weaker Buy Today BVN ranks #423 as BUY CANDIDATE #423 Stronger Buy

Will BVN stock price go up or down on Wed, 26 Jun 2019?

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