SUPV Price Prediction Next Week
Prediction and Recommendation for Grupo Supervielle (SUPV)
Based on the analysis of news sentiment and technical indicators, here is the prediction and recommendation for SUPV:
Price Prediction:
The stock price of Grupo Supervielle (SUPV) is expected to trade between $13.50 and $15.00 in the next trading week.
Buy/Sell Recommendation:
Buy if the stock price dips to the lower end of the range ($13.50) and shows signs of bullish reversal. Sell if the stock price reaches the upper end of the range ($15.00) and technical indicators suggest a potential pullback.
Technical Indicators:
- RSI: 53.22 (Neutral)
- MACD: -0.04 (Slightly Bearish)
- Stochastic Oscillator: 83.22 (Overbought)
- Fibonacci Pivot: $13.97
- Fibonacci Resistance Levels: $14.86, $15.41
- Fibonacci Support Levels: $13.08, $12.53
News Sentiment:
- SUPV recently saw a 6.2% increase after earnings, indicating positive sentiment.
- Broader market trends show recession fears and declines in major indices, which could impact SUPV's performance.
Conclusion:
The stock is expected to remain volatile but could present a buying opportunity at the lower support level if market conditions stabilize.
SUPV Similar Chart Price Prediction
The price of SUPV is predicted to go up -1.52%, based on the high correlation periods with BBAR. The similarity of these two price pattern on the periods is 96.1%.
SUPV
BBAR
Down: -1.52%Similarity: 96.1%
SUPV Revenue Forecast
SUPV EPS Forecast
SUPV Analyst's Forecast
Jorge Kuri
Morgan Stanley
Sell → Buy
2024-12-16
Price Target
$19
Upside
+23.38%
JPMorgan upgraded Grupo Supervielle to Neutral from Underweight with a $15 price target. The Argentine macroeconomic normalization process "keeps moving in the right direction" and the initial large-caps outperforming phase has come to an end, the analyst tells investors in a research note. The firm keeps its preference for Galicia to play the Argentine growth story but says Supervielle shares are now fairly priced.
Yuri Fernandes
JP Morgan
Sell → Hold
2024-12-12
Price Target
$15
Upside
+13.81%
