SUZANO SA - SPON ADR (SUZ) Stock Technical Analysis
USA - NYSE:SUZ - US86959K1051 - ADR
Taking everything into account, SUZ scores 1 out of 10 in our technical rating. SUZ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, SUZ does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 8.79, a Stop Loss order could be placed below this zone.
More info and screens
8.39
We found 2 important support areas.
- A support zone ranging from 8.67 to 8.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.47 to 8.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.99 to 9.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.50 to 9.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.12 to 10.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.37 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 | DOWN | NEGATIVE | The long term trend for SUZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SUZ is down. |
| ChartMill Relative Strength | 17.54 | NEGATIVE | SUZ has a low relative strength, it was outperformed by 82.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SUZ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SUZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SUZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.59 | NEUTRAL | The RSI value for SUZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SUZ has a negative trend. |
| Stochastics (14,3) | 16.09 | OVERSOLD | The low Stochastics value suggests SUZ may be oversold. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for SUZ suggests low volalility. |
| Average Directional Index/ADX (14) | 16.85 | NEGATIVE | The low ADX value for SUZ suggests a weak or negative trend. |
8.85
+0.1 (+1.14%)
SUZANO SA - SPON ADR / SUZ FAQ
What is the ChartMill technical rating of SUZANO SA - SPON ADR (SUZ) stock?
ChartMill assigns a technical rating of 1 / 10 to SUZ.
What is the current trend direction of SUZANO SA - SPON ADR (SUZ) stock?
The current trend direction for SUZANO SA - SPON ADR (SUZ) is Bearish.
What is the RSI signal for SUZ stock?
SUZANO SA - SPON ADR (SUZ) has an RSI value of 40.5861. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SUZANO SA - SPON ADR?
The MACD indicator for SUZANO SA - SPON ADR (SUZ) has a value of -0.00974912, indicating a bearish trend.
Can you provide the short term momentum for SUZANO SA - SPON ADR?
The short term momentum for SUZANO SA - SPON ADR (SUZ) is negative.