QUIMICA Y MINERA CHIL-SP ADR (SQM) Stock Technical Analysis
NYSE:SQM - New York Stock Exchange, Inc. - US8336351056 - ADR - Currency: USD
Taking everything into account, SQM scores 5 out of 10 in our technical rating. In the past year, SQM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, SQM is a bad performer in the overall market: 73% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SQM has an average volume of 1127190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SQM is part of the Chemicals industry. There are 85 other stocks in this industry, SQM did better than 51% of them.
SQM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SQM is lagging the market.
In the last month SQM has a been trading in the 31.90 - 40.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
SQM has an average technical rating and it also does not offer a high quality setup 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
31.75
41.93
When analyzing the support we can see 2 important areas.
- A support zone ranging from 34.26 to 34.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @32.07 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 37.33 to 37.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.87 to 39.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @41.51 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for SQM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SQM is up. |
| ChartMill Relative Strength | 27.25 | NEGATIVE | SQM has a low relative strength, it was outperformed by 72.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SQM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SQM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SQM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.03 | NEUTRAL | The RSI value for SQM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests SQM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.99 | NEUTRAL | The Stochastics value for SQM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for SQM suggests some volalility. |
| Average Directional Index/ADX (14) | 31.41 | POSITIVE | The high ADX value value for SQM suggests a strong 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)
36.5
-1.42 (-3.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-3.74%
1 Week-3.82%
2 Weeks3.49%
1 Month11.35%
3 Month4.52%
6 Month-9.11%
12 Month-7.94%
2 Year-50.47%
3 Year-62.9%
5 Year19.48%
10 Year170.17%
15 Year-3.92%
Volatility
ATR(14)1.69
ATR(20)%4.22%
ATR Inc-0.49%
Range Today2.17
ADR(20)1.43
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.25
Mansfield-0.97
10 Day High40.66
10 Day Low34.78
20 Day High40.66
20 Day Low31.9
52 Week High45.89
52 Week Low29.36
CS1 End34.6
CR1 Start37.33
Volume & EV
DER(3)-4.75%
DER(5)-4.6%
Volume1.38M
Volume Incr34.36%
Vol(5)1.65M
Vol(50)1.13M