blue-chip

Technical Weakness in this NYSE- Listed Financial Stock: NU

Apr 11, 2025 | Team Kalkine

Read Time :10 Mins

Technical Weakness in this NYSE- Listed Financial Stock: NU — Image source: shutterstock

NU:NYSE

Investment Type

Large-cap

Risk Level

Action

Rec. Price (US$)

Nu Holdings Ltd (NYSE: NU)

Nu Holdings Ltd (NYSE: NU) is a Brazil-based holding company, which engages in the provision of digital banking services. The Company offers its customers products across the five financial seasons: spending, saving, investing, borrowing, and protecting. As per our previous US Dailies report published on ‘NU’ on 24^th Feb 2025, Kalkine provided an ‘Buy’ stance on the stock at USD 10.82 based on technical analysis and the stock price has now moved down by ~3.60% since then.

Noted below are the details of support and resistance levels provided in our previous report:

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Disclaimer-

Kalkine Equities LLC, with Delaware File Number 4697384, Foreign Qualification Registration in California File Number 202109211078, and Texas File Number 805521396, is authorized to provide general advice only. The information on https://kalkine.com/ does not take into account any of your investment objectives, financial situation or needs. You should consider the appropriateness of advice taking into account your own objectives, financial situation and needs and seek independent financial advice before making any financial decisions. The link to our Terms and Conditions and Privacy Policy has been provided for your reference. On the date of publishing the reports (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.

Small-Cap