Technical Analysis for SCCO - Southern Copper Corporation

Grade Last Price % Change Price Change
A 121.34 -1.26% -1.55
SCCO closed down 0.73 percent on Wednesday, May 15, 2024, on 86 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Slingshot Bullish Bullish Swing Setup -1.26%
New 52 Week High Strength -1.26%
Upper Bollinger Band Walk Strength -1.26%
Multiple of Ten Bullish Other -1.26%
Outside Day Range Expansion -1.26%
Gapped Up Strength -1.26%
Overbought Stochastic Strength -1.26%
Upper Bollinger Band Touch Strength -1.26%
MACD Bullish Signal Line Cross Bullish -1.98%
New 52 Week Closing High Bullish -1.98%

   Recent Intraday Alerts

Alert Time
Down 1% about 2 hours ago
Up 1% about 2 hours ago
Upper Bollinger Band Resistance about 2 hours ago
Down 3% 1 day ago
Down 1 ATR 1 day ago

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Profile

Southern Copper Corporation Description

Southern Copper Corporation engages in mining, exploring, producing, smelting, and refining copper and other minerals in Peru, Mexico, and Chile. It is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce anode copper; and refining of anode copper to produce copper cathodes, as well as refined silver. The company operates the Toquepala and Cuajone mine complexes and the smelting and refining plants, which produce copper with production of by-products of molybdenum, silver, and other material. It also has the La Caridad and Buenavista mine complexes and the smelting and refining plants that produce copper with production of by-products of molybdenum, silver, and other material. In addition, the company operates five underground mines that produce zinc, copper, silver, and gold; a coal mine, which produces coal and coke; and a zinc refinery. It has 80,512 hectares of exploration concessions in Peru; 123,293 hectares of exploration concessions in Mexico; 100,383 hectares of exploration concessions in Argentina; 35,958 hectares exploration concessions in Chile; and 2,544 hectares of exploration concessions in Ecuador. The company was founded in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation is a subsidiary of Americas Mining Corporation.


Classification

Sector: Basic Materials
Industry: Copper
Keywords: Mining Refinery Copper Molybdenum Coke Smelting Metallurgy Copper Extraction Metallurgical Processes

Is SCCO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 125.54
52 Week Low 61.7635
Average Volume 1,458,900
200-Day Moving Average 84.21
50-Day Moving Average 107.79
20-Day Moving Average 115.15
10-Day Moving Average 117.41
Average True Range 3.91
RSI (14) 65.99
ADX 29.74
+DI 33.99
-DI 19.75
Chandelier Exit (Long, 3 ATRs) 113.80
Chandelier Exit (Short, 3 ATRs) 117.97
Upper Bollinger Bands 123.73
Lower Bollinger Band 106.57
Percent B (%b) 0.95
BandWidth 14.90
MACD Line 3.76
MACD Signal Line 3.36
MACD Histogram 0.4029
Fundamentals Value
Market Cap 95.01 Billion
Num Shares 773 Million
EPS 3.14
Price-to-Earnings (P/E) Ratio 39.14
Price-to-Sales 6.32
Price-to-Book 8.35
PEG Ratio 1.20
Dividend 4.00
Dividend Yield 3.25%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 132.87
Resistance 3 (R3) 132.64 129.09 131.20
Resistance 2 (R2) 129.09 126.55 129.20 130.65
Resistance 1 (R1) 125.99 124.98 124.22 126.22 130.09
Pivot Point 122.44 122.44 121.55 122.55 122.44
Support 1 (S1) 119.34 119.90 117.57 119.57 115.69
Support 2 (S2) 115.79 118.33 115.90 115.13
Support 3 (S3) 112.69 115.79 114.58
Support 4 (S4) 112.92