Grupo Supervielle SA

SUPV remains in a fragile Stage 1 consolidation, with flat EMAs and muted volume signaling basing. Medium-term bias is bearish given the low odds of a Stage 1→2 breakout and repetitive failures at range highs. Short-term price action is neutral, tightly tracking the flattened EMAs without exhaustion. Execution is deferred, recommending trimming into the flattened EMAs resistance zone. The long-term uptrend remains intact above the rising 200 DMA.

• ↑Q1 2026 net income of 6.7 B pesos ex-severance marks recovery
• ↑Guidance for 20–25% real loan growth, focused on energy and mining
• ↓NPL ratio rose from 5.0% to 5.6%, signaling asset‐quality pressure