SCCO NEWS why is Southern Copper Corporation price falling or rising

SCCO NEWS reasons for why stock price of Southern Copper Corporation is falling or rising

SCCO Southern Copper is falling or rising technical reasons

Technical analysis forecast for Southern Copper Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Southern Copper SCCO at this time. Stock is falling and might fall more.

It appears as if Southern Copper SCCO gave a large move recently.

Stock of Southern Copper (SCCO) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Southern Copper is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Southern Copper stays below 100, but if it comes above 100, then a intra day buy could be more profitable.
If you take a sell trade below 100, then use 100 as stoploss and 93.5 as target. However if you take a buy trade in Southern Copper, then use 100 as stoploss and 105.39 as target.

SCCO Southern Copper is falling or rising NEWS fundamental reasons

More announcements and NEWS

SCCO Southern Copper Corporation current price & indicator signals

Moving Averages for Southern Copper Corporation

  • 5Day Average: 101.81
  • 12Day Average: 103.13
  • 20Day Average: 106.66
  • 50Day Average: 110.25
  • 100Day Average: 106.57
  • 150Day Average: 109.23
  • 200Day Average: 106.73

SCCO Indicators & signals

Indicator MACD (12,26,9)

103.35, 106.34, -2.35
Indicator MACD is in negative zone

Indicator ADX (14)

31.18, 20.38, 38.85
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SCCO Southern Copper Corporation are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Nov 2024 99.74 99.21 to 100.88 -0.93% 0.95 times
21 Thu Nov 2024 100.68 99.85 to 103.03 -2.25% 1.35 times
20 Wed Nov 2024 103.00 102.60 to 104.49 -0.75% 0.86 times
19 Tue Nov 2024 103.78 101.13 to 104.13 1.91% 0.79 times
18 Mon Nov 2024 101.83 99.84 to 101.95 2.61% 0.71 times
15 Fri Nov 2024 99.24 98.96 to 101.36 -1.03% 0.88 times
14 Thu Nov 2024 100.27 99.81 to 102.04 -0.71% 1.17 times
13 Wed Nov 2024 100.99 100.79 to 102.92 -1.67% 0.82 times
12 Tue Nov 2024 102.70 101.18 to 102.99 -1.97% 1.18 times
11 Mon Nov 2024 104.76 103.32 to 106.08 -2.19% 1.03 times
08 Fri Nov 2024 107.11 106.30 to 110.22 -5.64% 1.2 times
07 Thu Nov 2024 113.51 111.90 to 114.69 3.66% 1.05 times

Videos related to: SCCO NEWS why is Southern Copper Corporation price falling or rising

 Videos related to: SCCO NEWS why is Southern Copper Corporation price falling or rising

Hindi Basics How To Trade In FnO Futures Options Stock Market

SCCO NEWS why is Southern Copper Corporation price falling or rising

 

Back to top