Following these proceedings, JP Morgan upgraded its MINISO Group Holding Ltd ADR [MNSO] rating to an Overweight from a a Neutral in a research note published on March 25, 2025; the price target was increased to $22 from $15. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who began to cover the stock in late February with a ‘”a Buy”‘ rating. Citigroup began covering MNSO with “Buy” recommendation on October 04, 2024. JP Morgan revised its rating on September 25, 2024. It rated MNSO as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of MNSO
On Monday, MINISO Group Holding Ltd ADR [NYSE:MNSO] saw its stock jump 4.88% to $20.63. Over the last five days, the stock has gained 11.33%. MINISO Group Holding Ltd ADR shares have fallen nearly -13.65% since the year began. Nevertheless, the stocks have fallen -15.86% over the past one year. While a 52-week high of $27.71 was reached on 01/03/25, a 52-week low of $12.51 was recorded on 04/09/25. SMA at 50 days reached $18.37, while 200 days put it at $19.22.
Levels Of Support And Resistance For MNSO Stock
The 24-hour chart illustrates a support level at 20.25, which if violated will result in even more drops to 19.88. On the upside, there is a resistance level at 21.00. A further resistance level may holdings at 21.38. The Relative Strength Index (RSI) on the 14-day chart is 66.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.43, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.53%. Stochastics %K at 88.61% indicates the stock is a selling.
