Why Did Grupo Supervielle Plunge 23.79%?

On April 11, 2025, Grupo Supervielle's stock experienced a significant drop of 23.79% in pre-market trading, marking a notable decline in its share price.

Analysts have set an average 52-week price target of $7 for Grupo Supervielle's stock, with forecasts ranging from a low of $7 to a high of $7. This target suggests a bearish outlook for the company's stock performance over the coming year.

The stock has been identified as a sell candidate since April 10, 2025, following a 2.80% decline on the previous trading day. This downward trend has been consistent, with the stock falling in 6 out of the last 10 days, resulting in a total decrease of 16.12% over this period.

Technical indicators also point to a bearish outlook. The stock is currently in a falling trend, with a predicted decline of 28.78% over the next three months. The short-term moving average indicates a buy signal, while the long-term average suggests a sell signal, adding to the overall negative forecast for the stock.