CIA SIDERURGICA NACL-SP ADR (SID) Stock Technical Analysis
USA - NYSE:SID - US20440W1053 - ADR
1.57 USD
+0.03 (+1.95%)
1.57 USD
0 (0%)
We assign a technical rating of 4 out of 10 to SID. Recently some decent action could be observed, but in the medium term time frame this is still negative. SID was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SID is a bad performer in the overall market: 87% of all stocks are doing better.
SID is one of the lesser performing stocks in the Metals & Mining industry. 87% of 156 stocks in the same industry do better.
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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month SID has a been trading in the 1.43 - 1.59 range, which is quite wide. It is currently trading near the high of this range.
SID has an average volume of 2448010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SID has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.53, 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
1.46
1.60
We found 1 important support area.
- A support zone ranging from 1.47 to 1.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.58 to 1.58. 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 | 13.54 | NEGATIVE | SID has a low relative strength, it was outperformed by 86.46% 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 | MIXED | The current price of SID is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SID is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.39 | 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. |
| Stochastics (14,3) | 70.94 | NEUTRAL | The Stochastics value for SID is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for SID suggests some volalility. |
| Average Directional Index/ADX (14) | 23.67 | NEUTRAL | The ADX value for SID suggests a possible start of a new trend. |
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)
1.57
+0.03 (+1.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.95%
1 Week3.97%
2 Weeks4.67%
1 Month7.53%
3 Month1.29%
6 Month8.28%
12 Month-32.62%
2 Year-32.03%
3 Year-34.85%
5 Year-56.02%
10 Year27.64%
15 Year-90.7%
Volatility
ATR(14)0.05
ATR(20)%3.29%
ATR Inc7.19%
Range Today0.04
ADR(20)0.05
ADR(20)%3.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.54
Mansfield-1.23
10 Day High1.58
10 Day Low1.46
20 Day High1.59
20 Day Low1.43
52 Week High2.42
52 Week Low1.24
CS1 End1.53
CR1 Start1.58
Volume & EV
DER(3)0.16%
DER(5)-0.79%
Volume1.57M
Volume Incr19.51%
Vol(5)2.02M
Vol(50)2.45M