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.
1.44
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
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. |
NYSE:SID (10/24/2025, 8:04:00 PM)
1.63
-0.01 (-0.61%)
ChartMill assigns a technical rating of 6 / 10 to SID.
The current trend direction for CIA SIDERURGICA NACL-SP ADR (SID) is Bearish.
CIA SIDERURGICA NACL-SP ADR (SID) has an RSI value of 59.0787. This indicates that the stock is currently neutral.
The short term momentum for CIA SIDERURGICA NACL-SP ADR (SID) is positive.