USA - NYSE:SCCO - US84265V1052 - Common Stock
We assign a technical rating of 6 out of 10 to SCCO. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
SCCO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
75.58
When analyzing the support we can see 6 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SCCO is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SCCO is down. |
| ChartMill Relative Strength | 89.29 | POSITIVE | SCCO has a high relative strength, it outperformed 89.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SCCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SCCO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SCCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.58 | NEUTRAL | The RSI value for SCCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.45 | NEGATIVE | The MACD value suggests SCCO has a negative trend. |
| Stochastics (14,3) | 4.9 | OVERSOLD | The low Stochastics value suggests SCCO may be oversold. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for SCCO suggests some volalility. |
| Average Directional Index/ADX (14) | 23.46 | NEUTRAL | The ADX value for SCCO suggests a possible start of a new trend. |
120.02
-5.36 (-4.28%)
ChartMill assigns a technical rating of 6 / 10 to SCCO.
The current trend direction for SOUTHERN COPPER CORP (SCCO) is Bullish.
SOUTHERN COPPER CORP (SCCO) has an RSI value of 36.5758. This indicates that the stock is currently neutral.
The MACD indicator for SOUTHERN COPPER CORP (SCCO) has a value of -2.44618, indicating a bearish trend.
SOUTHERN COPPER CORP (SCCO) has a support level at 105.75. Check the full technical report for our detailed analysis of SCCO support and resistance levels.