As this happened, Scotiabank upgraded its Compania de Minas Buenaventura S.A. ADR [BVN] rating to a Sector perform from a a Sector underperform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in late June from “an Equal-weight” to “an Overweight”. Morgan Stanley also remained covering BVN and has decreased its forecast on March 12, 2024 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Morgan Stanley revised its rating on September 21, 2023. It rated BVN as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of BVN
On Monday, Compania de Minas Buenaventura S.A. ADR [NYSE:BVN] saw its stock fall -4.99% to $14.27. Over the last five days, the stock has lost -3.97%. Compania de Minas Buenaventura S.A. ADR shares have risen nearly 23.87% since the year began. Nevertheless, the stocks have fallen -16.84% over the past one year. While a 52-week high of $18.84 was reached on 03/28/25, a 52-week low of $11.50 was recorded on 01/02/25. SMA at 50 days reached $14.53, while 200 days put it at $13.45.
Levels Of Support And Resistance For BVN Stock
The 24-hour chart illustrates a support level at 14.06, which if violated will result in even more drops to 13.86. On the upside, there is a resistance level at 14.62. A further resistance level may holdings at 14.98. The Relative Strength Index (RSI) on the 14-day chart is 46.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.50%. Stochastics %K at 60.17% indicates the stock is a holding.
