CIA SIDERURGICA NACL-SP ADR (SID) Stock Technical Analysis
USA - NYSE:SID - US20440W1053 - ADR
Taking everything into account, SID scores 6 out of 10 in our technical rating. SID has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, SID does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.51, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.44
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.48 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.45 to 1.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.64 to 1.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for SID is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SID is up. |
| ChartMill Relative Strength | 20.89 | NEGATIVE | SID has a low relative strength, it was outperformed by 79.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SID is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SID is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SID is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.08 | NEUTRAL | The RSI value for SID is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SID has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.55 | NEUTRAL | The Stochastics value for SID is a neutral value. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for SID suggests some volalility. |
| Average Directional Index/ADX (14) | 22.46 | NEUTRAL | The ADX value for SID suggests a possible start of a new trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.68 | 1.48 | 0.20 (11.90%) | 8.40% |
| An entry @1.68. This is a Buy Stop order right above the resistance zone. | An exit @1.48. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.20 points, which is 11.90%. | For a 1.00% total portfolio risk, you can invest 8.40% 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.
NYSE:SID (10/24/2025, 8:04:00 PM)
1.63
-0.01 (-0.61%)
CIA SIDERURGICA NACL-SP ADR / SID FAQ
What is the ChartMill technical rating of CIA SIDERURGICA NACL-SP ADR (SID) stock?
ChartMill assigns a technical rating of 6 / 10 to SID.
What is the current trend direction of CIA SIDERURGICA NACL-SP ADR (SID) stock?
The current trend direction for CIA SIDERURGICA NACL-SP ADR (SID) is Bearish.
What is the RSI signal for CIA SIDERURGICA NACL-SP ADR (SID) stock?
CIA SIDERURGICA NACL-SP ADR (SID) has an RSI value of 59.0787. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CIA SIDERURGICA NACL-SP ADR?
The short term momentum for CIA SIDERURGICA NACL-SP ADR (SID) is positive.