SOUTHERN COPPER CORP (SCCO)

US84265V1052 - Common Stock

112.98  -2.09 (-1.82%)

After market: 112.75 -0.23 (-0.2%)

Technical Rating and Analysis

9

Overall SCCO gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SCCO has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SCCO is one of the better performing stocks in the market, outperforming 94% of all stocks.
SCCO is one of the better performing stocks in the Metals & Mining industry, it outperforms 90% of 154 stocks in the same industry.
SCCO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SCCO is lagging the market slightly.
SCCO has an average volume of 1413360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SCCO has a been trading in the 106.27 - 119.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SCCO Weekly chart
SCCO Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, SCCO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

72.78

120.86

5 important support areas can be observed.

  • Support @108.14 from a horizontal line in the daily time frame.
  • Support @84.99 from a trend line in the daily time frame.
  • Support @83.22 from a trend line in the weekly time frame.
  • Support @77.70 from a horizontal line in the daily time frame.
  • Support @73.52 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 113.45 to 115.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @119.66 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.31
Mansfield2.35
10 Day High119.8
10 Day Low106.96
20 Day High119.8
20 Day Low106.27
52 Week High119.8
52 Week Low64.02
Performance
1 Week-0.92%
2 Weeks4.47%
1 Month-1.81%
3 Month42.35%
6 Month61.47%
12 Month64.21%
2 Year84.7%
3 Year63.62%
5 Year238.3%
10 Year283.95%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.64
RSI(14)53.84
LBB107.08
UBB119.53
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
115.80108.137.67 (6.62%)15.10%
An entry @115.80. This is a Buy Stop order right above the resistance zone.An exit @108.13. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 7.67 points, which is 6.62%.For a 1.00% total portfolio risk, you can invest 15.10% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SCCO Daily chart

SOUTHERN COPPER CORP

NYSE:SCCO (5/8/2024, 7:17:42 PM)

After market: 112.75 -0.23 (-0.2%)

112.98

-2.09 (-1.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.82%
1 Week-0.92%
2 Weeks4.47%
1 Month-1.81%
3 Month42.35%
6 Month61.47%
12 Month64.21%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.01
ATR(20)%3.64%
ATR Inc
Range Today3.41
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High119.8
10 Day Low106.96
20 Day High119.8
20 Day Low106.27
52 Week High119.8
52 Week Low64.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.31M
Volume Incr-10.51%
Vol(5)1.33M
Vol(50)1.41M