(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 2024-06-04 View latest technical analysis
10 day averaged volume of Southern Copper is 1389656
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 110.18 | 113.20 | 113.74 | 108.43 | 1.709 times |
| 03 Mon Jun 2024 | 115.75 | 119.10 | 119.50 | 114.21 | 0.924 times |
| 31 Fri May 2024 | 118.63 | 119.16 | 121.71 | 116.19 | 1.055 times |
| 30 Thu May 2024 | 118.68 | 116.63 | 119.02 | 116.34 | 0.805 times |
| 29 Wed May 2024 | 119.49 | 119.13 | 119.75 | 117.94 | 0.759 times |
| 28 Tue May 2024 | 120.92 | 122.81 | 123.49 | 120.00 | 0.899 times |
| 24 Fri May 2024 | 117.51 | 117.98 | 119.73 | 117.13 | 0.616 times |
| 23 Thu May 2024 | 116.55 | 118.56 | 119.21 | 115.37 | 0.986 times |
| 22 Wed May 2024 | 116.66 | 122.25 | 122.27 | 116.46 | 1.585 times |
| 21 Tue May 2024 | 126.71 | 128.54 | 129.28 | 125.87 | 0.882 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 109.4, for a target of 114.8 or 119.35
Share price targets for Southern Copper (SCCO)
| Target Type | Value |
| Downside Target | 77.42 |
| Downside Target | 79.33 |
| Downside Target | 85.62 |
| Downside Target | 106.49 |
| Upside Target | 110.91 |
| Upside Target | 115.37 |
| Upside Target | 118.89 |
| Upside Target | 120.19 |
| Upside Target | 121.00 |
| Upside Target | 123.49 |
| Upside Target | 125.54 |
| Upside Target | 129.79 |
Intraday share price targets for Southern Copper (SCCO)
| Target Type | Value |
| Downside Intraday Target | 105.91 |
| Downside Intraday Target | 101.63 |
| Upside Intraday Target | 116.98 |
| Upside Intraday Target | 123.77 |
| Upside Intraday Target | 112.7 |
Weekly technical analysis of Southern Copper (SCCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 110.18 | 119.10 | 119.50 | 108.43 | 0.748 times |
| 31 Fri May 2024 | 118.63 | 122.81 | 123.49 | 116.19 | 0.633 times |
| 24 Fri May 2024 | 117.51 | 126.21 | 129.79 | 115.37 | 1.345 times |
| 17 Fri May 2024 | 125.35 | 119.36 | 125.54 | 118.89 | 1.098 times |
| 10 Fri May 2024 | 118.75 | 117.03 | 120.19 | 110.91 | 0.565 times |
Price has moved down 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 |
| 04 Tue Jun 2024 | 110.18 | 119.10 | 119.50 | 108.43 | 0.129 times |
| 31 Fri May 2024 | 118.63 | 116.67 | 129.79 | 110.91 | 0.885 times |
| 30 Tue Apr 2024 | 116.67 | 107.76 | 121.00 | 106.49 | 1.111 times |
| 28 Thu Mar 2024 | 106.52 | 81.30 | 107.13 | 79.33 | 1.723 times |
Scroll below to view daily charts
Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Southern Copper ( (SCCO) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Southern Copper ( (SCCO) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Southern Copper in short term but the sell signal is initial and weak.
Southern Copper Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Southern Copper in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 117.35 and Southern Copper (SCCO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Southern Copper ( (SCCO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Southern Copper ( (SCCO) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Southern Copper ( (SCCO) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Southern Copper in short term but the sell signal is initial and weak.
Southern Copper Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Southern Copper in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 117.35 and Southern Copper (SCCO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.