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

Grade Last Price % Change Price Change
A 7.82 3.17% 0.24
SID closed up 3.17 percent on Tuesday, April 13, 2021, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical SID trend table...

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Wide Bands Range Expansion 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week High Strength 3.17%
Older End-of-Day Signals for SID ...

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

Alert Time
Possible Pocket Pivot about 16 hours ago
1.5x Volume Pace about 18 hours ago
60 Minute Opening Range Breakout about 19 hours ago
Rose Above Previous Day's High about 19 hours ago
New 52 Week High about 19 hours ago
View Earlier Intraday Alerts

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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: Industrial Processes Alloy Cement Steel Products Home Appliance Limestone Carbon Steel Sheet Products Steel Producer Plate Products Coated Steel Mill Products Steel Processing Companhia Siderúrgica Nacional 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 7.9
52 Week Low 1.13
Average Volume 3,989,336
200-Day Moving Average 4.42
50-Day Moving Average 6.40
20-Day Moving Average 6.67
10-Day Moving Average 7.06
Average True Range 0.33
ADX 20.96
+DI 36.65
-DI 12.50
Chandelier Exit (Long, 3 ATRs ) 6.91
Chandelier Exit (Short, 3 ATRs ) 6.77
Upper Bollinger Band 7.77
Lower Bollinger Band 5.57
Percent B (%b) 1.02
BandWidth 32.92
MACD Line 0.34
MACD Signal Line 0.19
MACD Histogram 0.1478
Fundamentals Value
Market Cap 10.79 Billion
Num Shares 1.38 Billion
EPS 0.72
Price-to-Earnings (P/E) Ratio 10.92
Price-to-Sales 1.20
Price-to-Book 6.42
PEG Ratio -2.14
Dividend 0.07
Dividend Yield 0.90%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.36
Resistance 3 (R3) 8.33 8.11 8.27
Resistance 2 (R2) 8.11 7.98 8.13 8.24
Resistance 1 (R1) 7.97 7.89 8.04 8.00 8.21
Pivot Point 7.75 7.75 7.79 7.77 7.75
Support 1 (S1) 7.61 7.62 7.68 7.64 7.43
Support 2 (S2) 7.39 7.53 7.41 7.40
Support 3 (S3) 7.25 7.39 7.37
Support 4 (S4) 7.28