GRUPO SIMEC SAB-SPON ADR (SIM) Stock Technical Analysis
USA - NYSEARCA:SIM - US4004911065 - ADR
We assign a technical rating of 5 out of 10 to SIM. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SIM is a bad performer.
SIM has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 28.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.54, a Stop Loss order could be placed below this zone.
More info and screens
24.06
We found 3 important support areas.
- A support zone ranging from 27.11 to 27.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.00 to 26.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.30 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 28.00 to 28.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 28.80 to 28.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | UP | POSITIVE | The long term trend for SIM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SIM is neutral. |
| ChartMill Relative Strength | 26.24 | NEGATIVE | SIM has a low relative strength, it was outperformed by 73.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SIM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SIM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SIM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.29 | NEUTRAL | The RSI value for SIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SIM has a positive trend. |
| Stochastics (14,3) | 65.69 | NEUTRAL | The Stochastics value for SIM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for SIM suggests some volalility. |
| Average Directional Index/ADX (14) | 12.42 | NEGATIVE | The low ADX value for SIM suggests a weak or negative trend. |
NYSEARCA:SIM (10/29/2025, 8:04:00 PM)
27.58
-0.2 (-0.72%)
GRUPO SIMEC SAB-SPON ADR / SIM FAQ
What is the ChartMill technical rating of GRUPO SIMEC SAB-SPON ADR (SIM) stock?
ChartMill assigns a technical rating of 5 / 10 to SIM.
Can you provide the trend direction for GRUPO SIMEC SAB-SPON ADR?
The current trend direction for GRUPO SIMEC SAB-SPON ADR (SIM) is Bullish.
Can you provide the RSI signal for GRUPO SIMEC SAB-SPON ADR?
GRUPO SIMEC SAB-SPON ADR (SIM) has an RSI value of 51.2928. This indicates that the stock is currently neutral.
What is the short term momentum for SIM stock?
The short term momentum for GRUPO SIMEC SAB-SPON ADR (SIM) is neutral.
What is the support and resistance level for SIM stock?
GRUPO SIMEC SAB-SPON ADR (SIM) has a support level at 27.54 and a resistance level at 28. Check the full technical report for our detailed analysis of SIM support and resistance levels.