Mizuho Financial Group, Inc. American Depositary Shares (each Representing One-fifth Of An Ordinary Share) | MFG

Daily Technical Analysis of Mizuho Financial Group, Inc. American Depositary Shares (each Representing One-fifth Of An Ordinary Share)

It looks like MFG may be interacting with a slightly angled support line. This area could represent a pivot point that it moves up from. If we also take into account the strong positive momentum that Mizuho Financial Group has shown over the last year. A lot of buyers typically come in on dips to bid the price up. It certainly increases the likelihood of getting a nice bounce off of this particular resistance line. Looking back at the previous year, the asset has returned 42.04 percent back to its shareholders, not too bad!

If we get a reversal off of support and Mizuho Financial Group starts moving up, it can probably get to $5.89 at which point it'll need to break through that resistance level in order to keep moving higher. If it fails to bounce off this level and breaks down lower, it will most likely find the nearest support a the $5.29 at which point, it may have a chance of recovering from there.

Analyst Ratings for Mizuho Financial Group By Price Target And Rating

The analysts are pretty neutral on Mizuho Financial Group right now, so not much useful information here. The current Analysts Sentiment Score is 0.22. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. The Goldman Sachs Group upgraded from Neutral to Buy on 2023-07-20.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Mizuho Financial Group

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Mizuho Financial Group

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.