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Bullish Moving Average Cross by Cia de Minas Buenaventura (BVN)

By Amy Schwartz

Today, shares of Cia de Minas Buenaventura (NYSE:BVN) have crossed bullishly above their 10-day moving average of $14.22 on a volume of 143K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Cia de Minas Buenaventura have traded between a low of $3.30 and a high of $16.45 and are now at $14.40, which is 336% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 5.2%.

SmarTrend is monitoring the recent change of momentum in Cia de Minas Buenaventura. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Cia de Minas Buenaventura in search of a potential trend change.

Keywords: moving crosses cia de minas buenaventura

Ticker(s): BVN