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Cia de Minas Buenaventura Bearish Moving Average Crossover Alert (BVN)

By Amy Schwartz

Cia de Minas Buenaventura (NYSE:BVN) crossed under its 10-day moving average of $12.45 on a volume of 291K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Cia de Minas Buenaventura has traded in a range of $3.30 to $16.45 and is now at $12.20, 270% above that low. The 200-day and 50-day moving averages have moved 0.53% higher and 5.17% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Cia de Minas Buenaventura and will alert subscribers who have BVN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses cia de minas buenaventura

Ticker(s): BVN