GRUPO SIMEC SAB-SPON ADR (SIM) Stock Technical Analysis
USA - NYSEARCA:SIM - US4004911065 - ADR
We assign a technical rating of 8 out of 10 to SIM. Although SIM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
SIM has an excellent technical rating, but the quality of the setup is only medium 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
24.06
5 important support areas can be observed.
- A support zone ranging from 27.61 to 28.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.05 from a horizontal line in the weekly time frame.
- A support zone ranging from 25.98 to 26.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.00 from a horizontal line in the daily time frame.
- Support @24.30 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.09 to 30.09. 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 | UP | POSITIVE | The long term trend for SIM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SIM is up. |
| ChartMill Relative Strength | 74.23 | POSITIVE | SIM has a high relative strength, it outperformed 74.23% 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 | MIXED | The current price of SIM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.17 | NEUTRAL | The RSI value for SIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests SIM has a positive trend. |
| Stochastics (14,3) | 47.64 | NEUTRAL | The Stochastics value for SIM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for SIM suggests some volalility. |
| Average Directional Index/ADX (14) | 21.89 | NEUTRAL | The ADX value for SIM suggests a possible start of a new trend. |
NYSEARCA:SIM (11/17/2025, 8:19:02 PM)
29.89
-0.2 (-0.66%)
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 8 / 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 59.1663. 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 positive.
What is the support and resistance level for SIM stock?
GRUPO SIMEC SAB-SPON ADR (SIM) has a support level at 28.67 and a resistance level at 30.09. Check the full technical report for our detailed analysis of SIM support and resistance levels.