Technical Analysis for SCHN - Schnitzer Steel Industries, Inc.

Grade Last Price % Change Price Change
grade F 20.85 -0.43% -0.09
SCHN closed down 0.43 percent on Friday, November 15, 2019, on 1.13 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

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

Date Alert Name Type % Chg
MACD Bearish Centerline Cross Bearish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Signal Line Cross Bearish -0.43%
Bollinger Band Squeeze Range Contraction -0.43%

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.
Chemistry Materials Building Materials Metal Waste Management Steel Products Stainless Steel Metals Scrap Steel Mills Rebar Non Ferrous Metal Steel Mill 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
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 28.9
52 Week Low 18.68
Average Volume 209,536
200-Day Moving Average 23.4582
50-Day Moving Average 21.5908
20-Day Moving Average 21.4645
10-Day Moving Average 21.552
Average True Range 0.6763
ADX 11.55
+DI 19.5747
-DI 25.136
Chandelier Exit (Long, 3 ATRs ) 20.4111
Chandelier Exit (Short, 3 ATRs ) 22.1889
Upper Bollinger Band 22.3721
Lower Bollinger Band 20.5569
Percent B (%b) 0.16
BandWidth 8.456754
MACD Line -0.0111
MACD Signal Line 0.0587
MACD Histogram -0.0699
Fundamentals Value
Market Cap 575.46 Million
Num Shares 27.6 Million
EPS 1.54
Price-to-Earnings (P/E) Ratio 13.54
Price-to-Sales 0.52
Price-to-Book 1.61
PEG Ratio 1.60
Dividend 0.75
Dividend Yield 3.60%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.35
Resistance 3 (R3) 21.34 21.16 21.26
Resistance 2 (R2) 21.16 21.04 21.17 21.23
Resistance 1 (R1) 21.01 20.96 20.92 21.02 21.21
Pivot Point 20.83 20.83 20.79 20.84 20.83
Support 1 (S1) 20.68 20.71 20.59 20.69 20.49
Support 2 (S2) 20.50 20.63 20.51 20.47
Support 3 (S3) 20.35 20.50 20.44
Support 4 (S4) 20.36