GRUPO SIMEC SAB-SPON ADR (SIM)

US4004911065 - ADR

31.0001  -2 (-6.06%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to SIM. SIM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

SIM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SIM is lagging the market.
Warning: SIM has an average volume of 1350 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, SIM outperforms 47% of them, which is more or less in line with the market.
SIM is an average performer in the Metals & Mining industry, it outperforms 42% of 155 stocks in the same industry.
In the last month SIM has a been trading in the 29.75 - 33.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SIM Weekly chart
SIM Daily chart
Setup Rating and Analysis

5

SIM has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

28.71

37.33

We found 2 important support areas.

  • A support zone ranging from 29.75 to 30.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 29.00 to 29.10. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

  • A resistance zone ranging from 31.32 to 31.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @33.00 from a horizontal line in the daily time frame.
  • Resistance @36.20 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 36.96 to 36.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.4
Mansfield-1.99
10 Day High33
10 Day Low30.5
20 Day High33
20 Day Low29.75
52 Week High38.22
52 Week Low28
Performance
1 Week-5.51%
2 Weeks2.11%
1 Month-1.27%
3 Month0.78%
6 Month-11.43%
12 Month1.61%
2 Year10.91%
3 Year113.79%
5 Year239.17%
10 Year174.82%
15 Year588.89%
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)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)46.52
LBB30
UBB33.28
SIM Daily chart

GRUPO SIMEC SAB-SPON ADR

NYSEARCA:SIM (4/18/2024, 7:20:12 PM)

31.0001

-2 (-6.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-6.06%
1 Week-5.51%
2 Weeks2.11%
1 Month-1.27%
3 Month0.78%
6 Month-11.43%
12 Month1.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.84
ATR(20)%2.58%
ATR Inc
Range Today0
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High33
10 Day Low30.5
20 Day High33
20 Day Low29.75
52 Week High38.22
52 Week Low28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume400
Volume Incr-64.48%
Vol(5)460
Vol(50)1.35K