SUZANO SA - SPON ADR (SUZ) Stock Technical Analysis
NYSE:SUZ - New York Stock Exchange, Inc. - US86959K1051 - ADR - Currency: USD
Overall SUZ gets a technical rating of 5 out of 10. In the last year, SUZ was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
SUZ is part of the Paper & Forest Products industry. There are 9 other stocks in this industry. SUZ outperforms 100% of them.
SUZ has an average volume of 1798240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SUZ turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
SUZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SUZ is lagging the market.
In the last month SUZ has a been trading in the 8.88 - 9.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SUZ has an average technical rating and the quality of the presented setup is also 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
8.39
10.92
When analyzing the support we can see 4 important areas.
- A support zone ranging from 9.18 to 9.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.99 from a trend line in the daily time frame.
- 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.57 to 9.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.64 to 10.81. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for SUZ is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SUZ is up. |
| ChartMill Relative Strength | 46.66 | NEUTRAL | SUZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SUZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SUZ is above 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) | 58.86 | NEUTRAL | The RSI value for SUZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SUZ has a positive trend. |
| Stochastics (14,3) | 79.58 | NEUTRAL | The Stochastics value for SUZ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for SUZ suggests low volalility. |
| Average Directional Index/ADX (14) | 12.88 | NEGATIVE | The low ADX value for SUZ suggests a weak or negative 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)
9.47
+0.11 (+1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg1.18%
1 Week4.53%
2 Weeks5.46%
1 Month0.96%
3 Month4.64%
6 Month-11.33%
12 Month3.16%
2 Year-6.79%
3 Year1.28%
5 Year18.23%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.85%
ATR Inc-37.01%
Range Today0.14
ADR(20)0.16
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.66
Mansfield-1.15
10 Day High9.49
10 Day Low8.9
20 Day High9.66
20 Day Low8.88
52 Week High10.98
52 Week Low8.41
CS1 End9.31
CR1 Start9.57
Volume & EV
DER(3)4.32%
DER(5)2.16%
Volume1.43M
Volume Incr-6.84%
Vol(5)1.54M
Vol(50)1.80M