Grupo Supervielle S.A. ADR’s recent filing unveils that its insider Jacques Patrick Supervielle acquired Company’s shares for reported $40203.0 on Aug 16 ’24. In the deal valued at $7.16 per share,5,615 shares were bought.
Morgan Stanley upgraded its Grupo Supervielle S.A. ADR [SUPV] rating to an Overweight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in mid December from “a Neutral” to “an Overweight”. BofA Securities also remained covering SUPV and has increased its forecast on August 08, 2024 with a “Neutral” recommendation from previously “an Underperform” rating. JP Morgan revised its rating on January 20, 2022. It rated SUPV as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of SUPV
On Tuesday, Grupo Supervielle S.A. ADR [NYSE:SUPV] saw its stock jump 3.85% to $18.32. Over the last five days, the stock has gained 21.08%. Grupo Supervielle S.A. ADR shares have risen nearly 21.24% since the year began. Nevertheless, the stocks have risen 457.13% over the past one year. While a 52-week high of $18.30 was reached on 01/07/25, a 52-week low of $3.25 was recorded on 01/02/25. SMA at 50 days reached $12.30, while 200 days put it at $8.17.
Levels Of Support And Resistance For SUPV Stock
The 24-hour chart illustrates a support level at 17.59, which if violated will result in even more drops to 16.87. On the upside, there is a resistance level at 19.12. A further resistance level may holdings at 19.92. The Relative Strength Index (RSI) on the 14-day chart is 80.93, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.81, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.23%. Stochastics %K at 89.09% indicates the stock is a selling.
How much short interest is there in Grupo Supervielle S.A. ADR?
A steep rise in short interest was recorded in Grupo Supervielle S.A. ADR stocks on 2024-10-31, dropping by -0.75 million shares to a total of 1.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 2.07 million shares. There was a decline of -56.81%, which implies that there is a negative sentiment for the stock.
