USA - New York Stock Exchange - NYSE:SUZ - US86959K1051 - ADR
We assign a technical rating of 4 out of 10 to SUZ. Recently some decent action could be observed, but in the medium term time frame this is still negative. SUZ was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, SUZ does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
8.39
3 important support areas can be observed.
When analyzing the resistance we notice 4 important areas.
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 | 28.77 | NEGATIVE | SUZ has a low relative strength, it was outperformed by 71.23% off all stocks 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) | UP | POSITIVE | The current price of SUZ is above the rising 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) | 51.47 | NEUTRAL | The RSI value for SUZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SUZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.29 | NEUTRAL | The Stochastics value for SUZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for SUZ suggests some volalility. |
| Average Directional Index/ADX (14) | 14.94 | NEGATIVE | The low ADX value for SUZ suggests a weak or negative trend. |
9.19
-0.28 (-2.96%)
ChartMill assigns a technical rating of 4 / 10 to SUZ.
The current trend direction for SUZANO SA - SPON ADR (SUZ) is Bearish.
SUZANO SA - SPON ADR (SUZ) has an RSI value of 51.4666. This indicates that the stock is currently neutral.
The MACD indicator for SUZANO SA - SPON ADR (SUZ) has a value of 0.018889, indicating a bearish trend.
The short term momentum for SUZANO SA - SPON ADR (SUZ) is positive.