CIA SIDERURGICA NACL-SP ADR (SID) Technical Analysis
NYSE:SID • US20440W1053
Current stock price
SID Technical Rating and Analysis
Overall SID gets a technical rating of 1 out of 10. SID scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 86% of all other stocks performed better in the past year than SID.
- SID is part of the Metals & Mining industry. There are 160 other stocks in this industry, of which 84% are performing better than SID.
- SID is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SID has a been trading in the 1.11 - 1.39 range, which is quite wide. It is currently trading near the high of this range.
- SID has an average volume of 6015310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SID Weekly and Daily overview Charts
SID Setup Rating and Analysis
SID has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
SID Support and Resistance Analysis
1.22
When analyzing the support we notice one important area.
- A support zone ranging from 1.23 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.36 from a horizontal line in the daily time frame.
- Resistance @1.87 from a trend line in the weekly time frame.
SID Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for SID is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SID is neutral. |
| ChartMill Relative Strength | 14.05 | NEGATIVE | SID has a low relative strength, it was outperformed by 85.95% 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) | DOWN | NEGATIVE | The current price of SID is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SID is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.6 | NEUTRAL | The RSI value for SID is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SID has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.36 | NEUTRAL | The Stochastics value for SID is a neutral value. |
| Average True Range in percent/ATR (20) | 5.48 | HIGH VOLATILITY | The high ATR as a percentage value for SID suggests high volalility. |
| Average Directional Index/ADX (14) | 26.15 | POSITIVE | The high ADX value value for SID suggests a strong trend. |
SID Chart- and CandleStick Pattern Analysis
SID Technicals: Chart, Performance Metrics, Trend & Indicators
1.29
-0.06 (-4.44%)
CIA SIDERURGICA NACL-SP ADR / SID TA FAQ
What is the ChartMill technical rating of CIA SIDERURGICA NACL-SP ADR (SID) stock?
ChartMill assigns a technical rating of 1 / 10 to SID.
Can you provide the trend direction for CIA SIDERURGICA NACL-SP ADR?
The current trend direction for CIA SIDERURGICA NACL-SP ADR (SID) is Bearish.
Can you provide the RSI signal for CIA SIDERURGICA NACL-SP ADR?
CIA SIDERURGICA NACL-SP ADR (SID) has an RSI value of 46.5953. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CIA SIDERURGICA NACL-SP ADR?
The MACD indicator for CIA SIDERURGICA NACL-SP ADR (SID) has a value of 0.0299028, indicating a bearish trend.
What is the short term momentum for SID stock?
The short term momentum for CIA SIDERURGICA NACL-SP ADR (SID) is neutral.