As this happened, Goldman upgraded its Mizuho Financial Group, Inc. ADR [MFG] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in late January from “a Hold” to “a Buy”. BofA Securities also remained covering MFG and has decreased its forecast on June 23, 2022 with a “Neutral” recommendation from previously “Buy” rating. BofA Securities revised its rating on April 11, 2022. It rated MFG as “a Buy” which previously was an “a Neutral”.
Price Performance Review of MFG
On Tuesday, Mizuho Financial Group, Inc. ADR [NYSE:MFG] saw its stock jump 2.11% to $4.83. Over the last five days, the stock has gained 10.27%. Mizuho Financial Group, Inc. ADR shares have fallen nearly -1.23% since the year began. Nevertheless, the stocks have risen 23.53% over the past one year. While a 52-week high of $6.08 was reached on 03/21/25, a 52-week low of $3.45 was recorded on 04/07/25. SMA at 50 days reached $5.48, while 200 days put it at $4.75.
Levels Of Support And Resistance For MFG Stock
The 24-hour chart illustrates a support level at 4.78, which if violated will result in even more drops to 4.72. On the upside, there is a resistance level at 4.89. A further resistance level may holdings at 4.94. The Relative Strength Index (RSI) on the 14-day chart is 41.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.53%. Stochastics %K at 37.46% indicates the stock is a holding.
How much short interest is there in Mizuho Financial Group, Inc. ADR?
A steep rise in short interest was recorded in Mizuho Financial Group, Inc. ADR stocks on 2025-03-31, growing by 0.28 million shares to a total of 1.56 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 1.27 million shares. There was a rise of 18.25%, which implies that there is a positive sentiment for the stock.
