Technical Analysis for SCHN - Schnitzer Steel Industries, Inc.

Grade Last Price % Change Price Change
F 41.43 -0.24% -0.10
SCHN closed down 0.24 percent on Friday, September 24, 2021, on 58 percent of normal volume.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical SCHN trend table...

Date Alert Name Type % Chg
1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Doji - Bearish? Reversal 0.00%
Oversold Stochastic Weakness 0.00%
1,2,3 Retracement Bearish Bearish Swing Setup -0.24%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -0.24%
Oversold Stochastic Weakness -0.24%
Slingshot Bearish Bearish Swing Setup 2.75%
NR7 Range Contraction 2.75%
Lower Bollinger Band Walk Weakness 2.75%
Older End-of-Day Signals for SCHN ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
10 DMA Resistance about 18 hours ago
Rose Above Previous Day's High about 23 hours ago
Rose Above 10 DMA about 23 hours ago
Up 1% about 23 hours ago
Down 1% about 24 hours ago
View Earlier Intraday Alerts

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Profile

Schnitzer Steel Industries, Inc. Description

Schnitzer Steel Industries, Inc. manufactures and exports recycled ferrous metal products worldwide. The company operates in three segments: Metals Recycling Business (MRB), Auto Parts Business (APB), and Steel Manufacturing Business (SMB). The MRB segment buys, collects, processes, recycles, sells, and brokers ferrous scrap metals, as well as processes mixed and large pieces of scrap metal into smaller pieces by crushing, sorting, shearing, shredding, and torching. This segment offers ferrous scrap metal, a feedstock used in the production of finished steel products; and nonferrous products, including aluminum, copper, stainless steel, nickel, brass, titanium, lead, high temperature alloys, and joint products to steel mills, foundries, and smelters. The APB segment procures used and salvaged vehicles and sells serviceable used auto parts from these vehicles through its 51 self-service auto parts stores in the United States and western Canada, as well as sells autobodies, and parts containing ferrous and nonferrous materials, such as engines, transmissions, alternators, and catalytic converters to metals recyclers. The SMB segment produces a range of finished steel products using recycled metal and other raw materials. Its products include semi-finished goods, such as billets; and finished goods consisting of rebar, coiled rebar, wire rod, merchant bar, and other specialty products. This segment serves steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and farm and wood products suppliers. Schnitzer Steel Industries, Inc. was founded in 1906 and is headquartered in Portland, Oregon.


Classification

Sector: Basic Materials
Industry: Steel
Keywords: Building Materials Metal Alloy Recycling Waste Management Stainless Steel Steel Products Wood Products Alloys Hearing Metal Products Titanium Nickel Ferrous Metals Construction Industry Salvage Rebar Alternator Steel Mill Auto Parts Brass Steel Mills Scrap Metal Non Ferrous Metal Steel Industries Catalytic Converter Shearing Ferrous Products Ferrous Scrap Metal Nonferrous Products

Is SCHN 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 59.3449
52 Week Low 18.78
Average Volume 251,458
200-Day Moving Average 43.80
50-Day Moving Average 48.35
20-Day Moving Average 44.33
10-Day Moving Average 41.68
Average True Range 1.89
ADX 36.28
+DI 14.00
-DI 31.87
Chandelier Exit (Long, 3 ATRs) 44.37
Chandelier Exit (Short, 3 ATRs) 44.07
Upper Bollinger Bands 50.35
Lower Bollinger Band 38.31
Percent B (%b) 0.26
BandWidth 27.17
MACD Line -2.41
MACD Signal Line -2.22
MACD Histogram -0.194
Fundamentals Value
Market Cap 1.11 Billion
Num Shares 26.9 Million
EPS 0.13
Price-to-Earnings (P/E) Ratio 328.81
Price-to-Sales 0.43
Price-to-Book 1.06
PEG Ratio 1.32
Dividend 0.75
Dividend Yield 1.81%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 43.23
Resistance 3 (R3) 43.28 42.72 42.93
Resistance 2 (R2) 42.72 42.26 42.70 42.83
Resistance 1 (R1) 42.08 41.98 42.40 42.03 42.73
Pivot Point 41.52 41.52 41.69 41.50 41.52
Support 1 (S1) 40.88 41.06 41.20 40.83 40.13
Support 2 (S2) 40.32 40.78 40.30 40.03
Support 3 (S3) 39.68 40.32 39.93
Support 4 (S4) 39.63