While this happened, Wolfe Research initiated its Stevanato Group Spa [STVN] rating to an Outperform in a research note published on December 13, 2024; the price target was $28. Exane BNP Paribas began covering STVN with “an Outperform” recommendation on April 22, 2024. Jefferies revised its rating on November 01, 2023. It rated STVN as “a Hold” which previously was an “a Buy”.
Price Performance Review of STVN
On Tuesday, Stevanato Group Spa [NYSE:STVN] saw its stock fall -3.98% to $21.25. Over the last five days, the stock has gained 1.19%. Stevanato Group Spa shares have fallen nearly -2.48% since the year began. Nevertheless, the stocks have fallen -20.74% over the past one year. While a 52-week high of $28.08 was reached on 01/06/25, a 52-week low of $16.56 was recorded on 03/03/25. SMA at 50 days reached $20.88, while 200 days put it at $20.58.
Levels Of Support And Resistance For STVN Stock
The 24-hour chart illustrates a support level at 20.06, which if violated will result in even more drops to 18.86. On the upside, there is a resistance level at 22.53. A further resistance level may holdings at 23.80. The Relative Strength Index (RSI) on the 14-day chart is 49.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.33%. Stochastics %K at 59.35% indicates the stock is a holding.
The most recent change occurred on September 26, 2023 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $33 price target.
