Technical Analysis for SCHN - Schnitzer Steel Industries, Inc.

Grade Last Price % Change Price Change
grade F 23.31 4.06% 0.91
SCHN closed up 2.0 percent on Wednesday, January 16, 2019, on 1.37 times normal volume.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Up
See historical SCHN trend table...

Date Alert Name Type % Chg
Jan 16 20 DMA Resistance Bearish 4.06%
Jan 14 New Downtrend Bearish 6.93%
Jan 14 Doji - Bullish? Reversal 6.93%
Jan 14 Gapped Down Weakness 6.93%
Jan 11 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.52%
Jan 11 Pocket Pivot Bullish Swing Setup 1.52%
Jan 11 Narrow Range Bar Range Contraction 1.52%
Jan 11 NR7 Range Contraction 1.52%
Jan 10 Fell Below 20 DMA Bearish 1.88%
Jan 10 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.88%

Older signals for SCHN ...

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Profile
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.
Is SCHN a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 38.15
52 Week Low 20.94
Average Volume 381,616
200-Day Moving Average 28.956
50-Day Moving Average 25.146
20-Day Moving Average 22.6265
10-Day Moving Average 22.517
Average True Range 1.2356
ADX 22.48
+DI 22.5745
-DI 19.1367
Chandelier Exit (Long, 3 ATRs ) 22.4132
Chandelier Exit (Short, 3 ATRs ) 24.6468
Upper Bollinger Band 24.8344
Lower Bollinger Band 20.4186
Percent B (%b) 0.45
BandWidth 19.516054
MACD Line -0.7754
MACD Signal Line -0.9033
MACD Histogram 0.1279
Fundamentals Value
Market Cap 618.24 Million
Num Shares 27.6 Million
EPS 1.54
Price-to-Earnings (P/E) Ratio 14.55
Price-to-Sales 0.52
Price-to-Book 1.61
PEG Ratio 1.60
Dividend 0.75
Dividend Yield 3.35%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.84
Resistance 3 (R3) 23.85 23.37 23.60
Resistance 2 (R2) 23.37 23.01 23.37 23.52
Resistance 1 (R1) 22.89 22.78 23.13 22.88 23.44
Pivot Point 22.41 22.41 22.54 22.41 22.41
Support 1 (S1) 21.93 22.05 22.17 21.92 21.36
Support 2 (S2) 21.45 21.82 21.45 21.28
Support 3 (S3) 20.97 21.45 21.20
Support 4 (S4) 20.96