Technical Analysis for SIM - Grupo Simec, S.A.B. de C.V.

Grade Last Price % Change Price Change
grade A 9.44 1.61% 0.15
SIM closed up 1.61 percent on Wednesday, May 22, 2019, on 84 percent of normal volume. 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 Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical SIM trend table...

Date Alert Name Type % Chg
Overbought Stochastic Strength 0.00%
Crossed Above 200 DMA Bullish 1.61%
Crossed Above 20 DMA Bullish 1.61%
MACD Bullish Centerline Cross Bullish 1.61%
MACD Bullish Signal Line Cross Bullish 1.61%
180 Bullish Setup Bullish Swing Setup 1.61%
Stochastic Reached Overbought Strength 1.61%
Overbought Stochastic Strength 1.61%
20 DMA Resistance Bearish 4.89%
Outside Day Range Expansion 4.89%

Older signals for SIM ...

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.
Configure default chart indicators
Basic chart:

Profile
Grupo Simec, S.A.B. de C.V., together with its subsidiaries, engages in the manufacture, processing, and distribution of special bar quality (SBQ) steel and structural products primarily in the United States, Mexico, and Canada. Its steel products include I-beams; channels; structural and commercial angles; hot rolled bars, such as round, square, and hexagonal rods; flat bars; rebars; cold finished bars; wire rods; semi-finished tube rounds; and other semi-finished trade products. The company's SBQ products are used in various engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment; and structural steel products are used in the non-residential construction market and other construction applications, as well as automotive industries. It also operates in Latin America, Europe, and Asia. The company was founded in 1969 and is headquartered in Guadalajara, Mexico. Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. de C.V.
Steel Materials Architecture Building Engineering Steel Products Concrete Rolling Machine Tools Rebar Construction Applications Structural Products End User Applications
Is SIM a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 10.64
52 Week Low 8.01
Average Volume 2,274
200-Day Moving Average 9.1244
50-Day Moving Average 8.9431
20-Day Moving Average 9.0523
10-Day Moving Average 9.039
Average True Range 0.1934
ADX 22.64
+DI 35.4679
-DI 34.1126
Chandelier Exit (Long, 3 ATRs ) 8.8598
Chandelier Exit (Short, 3 ATRs ) 8.5902
Upper Bollinger Band 9.5155
Lower Bollinger Band 8.5891
Percent B (%b) 0.92
BandWidth 10.233863
MACD Line 0.0447
MACD Signal Line 0.0134
MACD Histogram 0.0313
Fundamentals Value
Market Cap 1.55 Billion
Num Shares 165 Million
EPS 0.50
Price-to-Earnings (P/E) Ratio 18.88
Price-to-Sales 0.97
Price-to-Book 0.88
PEG Ratio -1.48
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.74
Resistance 3 (R3) 9.71 9.57 9.69
Resistance 2 (R2) 9.57 9.50 9.59 9.67
Resistance 1 (R1) 9.51 9.45 9.54 9.54 9.66
Pivot Point 9.37 9.37 9.39 9.39 9.37
Support 1 (S1) 9.31 9.30 9.34 9.34 9.22
Support 2 (S2) 9.17 9.25 9.19 9.21
Support 3 (S3) 9.11 9.17 9.19
Support 4 (S4) 9.14