QUIMICA Y MINERA CHIL-SP ADR (SQM) Stock Technical Analysis
NYSE:SQM - US8336351056 - ADR
45.51 USD
-0.17 (-0.37%)
45.51 USD
0 (0%)
We assign a technical rating of 9 out of 10 to SQM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SQM is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
SQM is part of the Chemicals industry. There are 84 other stocks in this industry. SQM outperforms 86% of them.
SQM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SQM has a been trading in the 35.74 - 47.51 range, which is quite wide. It is currently trading near the high of this range.
SQM has an average volume of 1654610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SQM did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although SQM has an excellent technical rating, the quality of the presented setup is not ideal 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
35.69
47.42
We found 3 important support areas.
- A support zone ranging from 43.80 to 44.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @38.55 from a trend line in the daily time frame.
- A support zone ranging from 36.05 to 36.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 45.76 to 46.95. 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 SQM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SQM is up. |
| ChartMill Relative Strength | 87.44 | POSITIVE | SQM has a high relative strength, it outperformed 87.44% 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) | UP | POSITIVE | The current price of SQM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.18 | NEUTRAL | The RSI value for SQM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SQM has a negative trend. |
| Stochastics (14,3) | 71.45 | NEUTRAL | The Stochastics value for SQM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for SQM suggests some volalility. |
| Average Directional Index/ADX (14) | 35.19 | 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)
45.51
-0.17 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.37%
1 Week-1.85%
2 Weeks0.95%
1 Month27.12%
3 Month49.56%
6 Month18.61%
12 Month17.29%
2 Year-27.29%
3 Year-54.34%
5 Year45.12%
10 Year190.24%
15 Year6.71%
Volatility
ATR(14)1.59
ATR(20)%3.99%
ATR Inc-24.14%
Range Today1.69
ADR(20)1.51
ADR(20)%3.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.44
Mansfield0.88
10 Day High47.51
10 Day Low42.62
20 Day High47.51
20 Day Low35.74
52 Week High47.51
52 Week Low29.36
CS1 End44.35
CR1 Start45.76
Volume & EV
DER(3)3.65%
DER(5)1.95%
Volume1.31M
Volume Incr-18.85%
Vol(5)1.33M
Vol(50)1.65M