Technical Analysis for SID - Companhia Siderurgica Nacional S.A.

Grade Last Price % Change Price Change
F 2.78 0.18% 0.01
SID closed up 1.47 percent on Friday, May 17, 2024, on 47 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up

Date Alert Name Type % Chg
Death Cross Bearish 0.18%
Crossed Above 20 DMA Bullish 0.18%
Bollinger Band Squeeze Range Contraction 0.18%
Bollinger Band Squeeze Range Contraction 1.65%
Hammer Candlestick Bullish 3.54%
Bollinger Band Squeeze Range Contraction 3.54%
BB Squeeze + Lower Band Touch Range Contraction 3.54%
Gapped Down Weakness 3.54%
Lower Bollinger Band Touch Weakness 3.54%
Fell Below 20 DMA Bearish 2.02%

   Recent Intraday Alerts

Alert Time
20 DMA Support 19 minutes ago
10 DMA Support 19 minutes ago
Rose Above Previous Day's High 19 minutes ago
Down 1% 19 minutes ago
60 Minute Opening Range Breakout 3 days ago

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Profile

Companhia Siderurgica Nacional S.A. Description

Companhia Siderúrgica Nacional operates as an integrated steel producer primarily in Brazil. The company principally produces carbon steel and various steel products for automotive, home appliance, packaging, construction, and steel processing industries. Its products include slabs, which are semi-finished products used for processing hot-rolled, cold-rolled or coated coils, and sheet products; hot-rolled products, including heavy and light-gauge hot-rolled coils and sheets; cold-rolled coils and sheets; galvanized products, such as flat-rolled steel coated with zinc or a zinc-based alloy; and tin mill products, which consist of flat-rolled low-carbon steel coils or sheets comprising tin plate, tin free steel, low tin coated steel, and black plate products. The company also owns interests in various mining assets, including the Casa de Pedra mine and the Namisa mines that produce iron ore and are located in Congonhas; TECAR, a solid bulk seaport terminal located in Itaguaí port in the state of Rio de Janeiro; Mineração Bocaina that produces dolomite and limestone and is located in Arcos in the state of Minas Gerais; and a tin asset located in Ariquemes, in the state of Rondônia. In addition, it engages in logistics business that comprises railway and port facilities; production and sale of cement; and generation of electric power with hydroelectric and thermoelectric sources for industrial consumers. The company offers its products to customers directly through its sales force; and through independent distributors for subsequent resale, as well as exports its products through brokers primarily in Asia, North America, Latin America, and Europe. Companhia Siderúrgica Nacional was founded in 1941 and is headquartered in São Paulo, Brazil.


Classification

Sector: Basic Materials
Industry: Steel
Keywords: Alloys Cement Steel Products Limestone Carbon Steel Plate Products Sheet Products Steel Producer Steel Processing Coated Steel Companhia Siderúrgica Nacional Mill Products Tin Mill Products

Is SID 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 4.03
52 Week Low 2.0127
Average Volume 2,959,159
200-Day Moving Average 2.92
50-Day Moving Average 2.92
20-Day Moving Average 2.75
10-Day Moving Average 2.74
Average True Range 0.09
RSI (14) 47.37
ADX 14.49
+DI 23.82
-DI 26.35
Chandelier Exit (Long, 3 ATRs) 2.62
Chandelier Exit (Short, 3 ATRs) 2.90
Upper Bollinger Bands 2.86
Lower Bollinger Band 2.65
Percent B (%b) 0.57
BandWidth 7.61
MACD Line -0.05
MACD Signal Line -0.07
MACD Histogram 0.0137
Fundamentals Value
Market Cap 3.67 Billion
Num Shares 1.33 Billion
EPS -0.13
Price-to-Earnings (P/E) Ratio -21.31
Price-to-Sales 0.11
Price-to-Book 1.33
PEG Ratio -2.14
Dividend 1.86
Dividend Yield 67.15%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.87
Resistance 3 (R3) 2.86 2.82 2.85
Resistance 2 (R2) 2.82 2.80 2.82 2.85
Resistance 1 (R1) 2.80 2.78 2.81 2.80 2.84
Pivot Point 2.76 2.76 2.76 2.76 2.76
Support 1 (S1) 2.73 2.73 2.74 2.74 2.70
Support 2 (S2) 2.69 2.71 2.69 2.69
Support 3 (S3) 2.67 2.69 2.69
Support 4 (S4) 2.67