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.
Besides having an excellent technical rating, SIM also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for SIM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
24.06
We found 4 important support areas.
- A support zone ranging from 27.79 to 27.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.00 to 26.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.00 to 25.38. 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.
We found 1 important resistance area.
- A resistance zone ranging from 29.33 to 30.09. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 46.01 | NEUTRAL | SIM is not amongst the best or worst performers 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) | 51.09 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 34.06 | NEUTRAL | The Stochastics value for SIM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for SIM suggests high volalility. |
| Average Directional Index/ADX (14) | 21.9 | NEUTRAL | The ADX value for SIM suggests a possible start of a new trend. |
NYSEARCA:SIM (12/16/2025, 8:04:00 PM)
28.725
-0.97 (-3.28%)
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 51.0944. 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 27.97 and a resistance level at 29.33. Check the full technical report for our detailed analysis of SIM support and resistance levels.