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(SCCO) Southern Copper complete technical analysis [charts+indicators] | Buy/Sell Southern Copper | (SCCO) share price targets

Complete technical analysis of Southern Copper (SCCO) by charts plus indicators, forecast predictions and share price targets for Southern Copper (SCCO)

Southern Copper trades in USA in Basic Industries sector.

Showing technical analysis as on 2024-03-22 View latest technical analysis

10 day averaged volume of Southern Copper is 1866430

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	104.36	103.91	105.26	103.09	0.89 times
21 Thu Mar 2024	103.55	104.13	104.15	102.45	0.573 times
20 Wed Mar 2024	103.24	99.48	103.75	98.71	0.676 times
19 Tue Mar 2024	99.80	100.46	100.82	98.90	0.804 times
18 Mon Mar 2024	102.60	103.80	104.83	102.20	1.06 times
15 Fri Mar 2024	103.00	99.20	103.58	98.83	1.95 times
14 Thu Mar 2024	97.18	96.76	98.20	95.65	1.216 times
13 Wed Mar 2024	96.30	89.90	97.50	89.90	1.799 times
12 Tue Mar 2024	87.50	87.00	87.60	86.28	0.416 times
11 Mon Mar 2024	86.45	85.82	86.89	85.27	0.656 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 99.6, but if it comes below 99.6, then a intra day sell could be more profitable.
If you take a sell trade below 99.6, then use 99.6 as stoploss and 89.97 as target. However if you take a buy trade in stock , then use 99.6 as stoploss and 111.2 as target.

Share price targets for Southern Copper (SCCO)

Target Type	Value
Downside Target	68.93
Downside Target	70.92
Downside Target	77.14
Downside Target	81.77
Downside Target	83.83
Downside Target	86.17
Downside Target	86.53
Downside Target	88.40
Downside Target	98.71
Downside Target	103.58
Upside Target	105.26

Intraday share price targets for Southern Copper (SCCO)

Target Type	Value
Downside Intraday Target	100.29
Downside Intraday Target	96.23
Upside Intraday Target	106.84
Upside Intraday Target	109.33
Downside Intraday Target	102.78

Weekly technical analysis of Southern Copper (SCCO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	104.36	103.80	105.26	98.71	0.663 times
15 Fri Mar 2024	103.00	85.82	103.58	85.27	2.105 times
08 Fri Mar 2024	86.28	80.66	86.53	79.33	1.45 times
01 Fri Mar 2024	80.66	80.62	81.86	78.82	1.457 times
23 Fri Feb 2024	82.03	82.84	83.83	81.77	0.608 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Southern Copper (SCCO)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	104.36	81.30	105.26	79.33	1.478 times
29 Thu Feb 2024	80.86	82.67	85.62	77.42	0.823 times
31 Wed Jan 2024	82.10	85.28	86.17	77.14	0.903 times
29 Fri Dec 2023	86.07	72.76	88.40	70.92	1.114 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Southern Copper (SCCO)

Price action analysis of Southern Copper ( (SCCO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Southern Copper ( (SCCO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Southern Copper ( (SCCO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Southern Copper stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Southern Copper in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Southern Copper Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Southern Copper in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Southern Copper is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 99.24 and Southern Copper (SCCO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Southern Copper (SCCO) stock. Volume based technical analysis of Southern Copper (SCCO) stock is negative.

Southern Copper Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.