QUIMICA Y MINERA CHIL-SP ADR (SQM) Stock Technical Analysis
NYSE:SQM - New York Stock Exchange, Inc. - US8336351056 - ADR - Currency: USD
Overall SQM gets a technical rating of 0 out of 10. SQM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
84% of all other stocks performed better in the past year than SQM.
SQM 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 SQM is lagging the market.
In the last month SQM has a been trading in the 33.12 - 36.67 range, which is quite wide. It is currently trading near the lows of this range.
SQM has an average volume of 1083910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SQM is an average performer in the Chemicals industry, it outperforms 45% of 85 stocks in the same industry.
SQM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
32.97
41.97
When analyzing the resistance we notice 4 important areas.
- Resistance @34.01 from a trend line in the daily time frame.
- A resistance zone ranging from 35.79 to 36.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @40.27 from a trend line in the weekly time frame.
- Resistance @41.55 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 | DOWN | NEGATIVE | The long term trend for SQM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SQM is down. |
| ChartMill Relative Strength | 16.8 | NEGATIVE | SQM has a low relative strength, it was outperformed by 83.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SQM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SQM is below a declining 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) | 37.45 | NEUTRAL | The RSI value for SQM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SQM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.64 | OVERSOLD | The low Stochastics value suggests SQM may be oversold. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for SQM suggests some volalility. |
| Average Directional Index/ADX (14) | 27.38 | 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)
33.3
-0.2 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.6%
1 Week-5.07%
2 Weeks-2.83%
1 Month-7.09%
3 Month-16.06%
6 Month-12.96%
12 Month-32.66%
2 Year-48.11%
3 Year-68.64%
5 Year36.64%
10 Year70.51%
15 Year-0.75%
Volatility
ATR(14)0.91
ATR(20)%2.86%
ATR Inc-22.58%
Range Today0.6
ADR(20)0.85
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.8
Mansfield-1.64
10 Day High36.67
10 Day Low33.12
20 Day High36.67
20 Day Low33.12
52 Week High50.73
52 Week Low31.27
CS1 EndN/A
CR1 Start34.01
Volume & EV
DER(3)-3.71%
DER(5)-0.78%
Volume1.00M
Volume Incr-10.74%
Vol(5)731.56K
Vol(50)1.08M