SUZANO SA - SPON ADR (SUZ) Stock Technical Analysis
NYSE:SUZ - US86959K1051 - ADR
9.8 USD
+0.07 (+0.72%)
9.8 USD
0 (0%)
We assign a technical rating of 7 out of 10 to SUZ. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SUZ is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
SUZ is one of the better performing stocks in the Paper & Forest Products industry, it outperforms 87% of 9 stocks in the same industry.
In the last month SUZ has a been trading in the 9.10 - 10.22 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SUZ has an average volume of 1722880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, SUZ outperforms 55% of them, which is more or less in line with the market.
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.
Considerably lower volume is observed in the last couple of days.
SUZ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.78, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SUZ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.39
11.05
3 important support areas can be observed.
- A support zone ranging from 9.33 to 9.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.00 to 10.05. 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.
- A resistance zone ranging from 10.81 to 10.94. 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 | UP | POSITIVE | The long term trend for SUZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SUZ is up. |
| ChartMill Relative Strength | 55.2 | 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 | MIXED | The current price of SUZ is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.23 | NEUTRAL | The RSI value for SUZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SUZ has a negative trend. |
| Stochastics (14,3) | 45.8 | NEUTRAL | The Stochastics value for SUZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for SUZ suggests some volalility. |
| Average Directional Index/ADX (14) | 28.94 | POSITIVE | The high ADX value value for SUZ 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.06 | 9.50 | 0.56 (5.57%) | 17.96% |
| An entry @10.06. This is a Buy Stop order right above the resistance zone. | An exit @9.50. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.56 points, which is 5.57%. | When investing 17.96% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.8
+0.07 (+0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg0.72%
1 Week2.19%
2 Weeks-2%
1 Month4.26%
3 Month12.9%
6 Month1.98%
12 Month0.62%
2 Year-3.16%
3 Year14.09%
5 Year7.34%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%2.22%
ATR Inc-24.76%
Range Today0.16
ADR(20)0.18
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.2
Mansfield-0.85
10 Day High10.09
10 Day Low9.51
20 Day High10.22
20 Day Low9.1
52 Week High10.98
52 Week Low8.41
CS1 End9.78
CR1 Start10
Volume & EV
DER(3)2.69%
DER(5)4.02%
Volume977.70K
Volume Incr-47.04%
Vol(5)1.06M
Vol(50)1.72M