The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Grupo Supervielle S.A. ADR shares valued at $40,203 were purchased by Jacques Patrick Supervielle on Aug 16 ’24. At $7.16 per share, Jacques Patrick Supervielle acquired 5,615 shares.
As published in a research note from Morgan Stanley on December 16, 2024, Grupo Supervielle S.A. ADR [SUPV] has been rated up from an Underweight to an Overweight and the price target has been revised to $19. Analysts at JP Morgan upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in mid December. As of August 08, 2024, BofA Securities has increased its “an Underperform” rating to a “Neutral” for SUPV. Earlier on January 20, 2022, JP Morgan downgraded its rating. Their new recommendation was “an Underweight” for SUPV stock which previously was a “a Neutral”.
Analyzing SUPV Stock Performance
During the last five days, there has been a surge of approximately 0.48%. Over the course of the year, Grupo Supervielle S.A. ADR shares have dropped approximately -3.38%. Shares of the company reached a 52-week high of $19.75 on 01/15/25 and a 52-week low of $9.93 on 04/07/25. A 50-day SMA is recorded $13.89, while a 200-day SMA reached $11.63.
Support And Resistance Levels for Grupo Supervielle S.A. ADR (SUPV)
According to the 24-hour chart, there is a support level at 14.24, which, if violated, would cause prices to drop to 13.89. In the upper region, resistance lies at 14.97. The next price resistance is at 15.35. RSI (Relative Strength Index) is 51.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.54, which suggests the price will decrease in the coming days. Percent R is at 74.46%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
