QUIMICA Y MINERA CHIL-SP ADR (SQM) Stock Technical Analysis
USA - NYSE:SQM - US8336351056 - ADR
Overall SQM gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SQM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although SQM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
35.43
4 important support areas can be observed.
- A support zone ranging from 43.57 to 45.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 42.38 to 42.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.47 from a horizontal line in the daily time frame.
- Support @35.79 from a horizontal line in the daily 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 | 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 | 85.77 | POSITIVE | SQM has a high relative strength, it outperformed 85.77% 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) | 65.11 | NEUTRAL | The RSI value for SQM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests SQM has a positive trend. |
| Stochastics (14,3) | 91.42 | OVERBOUGHT | The high Stochastics value suggests SQM may be overbought. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for SQM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.79 | NEGATIVE | The low ADX value for SQM suggests a weak or negative trend. |
48.99
+0.76 (+1.58%)
QUIMICA Y MINERA CHIL-SP ADR / SQM FAQ
What is the technical rating for SQM stock?
ChartMill assigns a technical rating of 9 / 10 to SQM.
What is the trend direction for SQM stock?
The current trend direction for QUIMICA Y MINERA CHIL-SP ADR (SQM) is Bullish.
What is the RSI signal for SQM stock?
QUIMICA Y MINERA CHIL-SP ADR (SQM) has an RSI value of 65.11. This indicates that the stock is currently neutral.
What is the short term momentum for SQM stock?
The short term momentum for QUIMICA Y MINERA CHIL-SP ADR (SQM) is positive.
What is the support and resistance level for SQM stock?
QUIMICA Y MINERA CHIL-SP ADR (SQM) has a support level at 45.14. Check the full technical report for our detailed analysis of SQM support and resistance levels.