(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 2024-06-05 View latest technical analysis
10 day averaged volume of Southern Copper is 1420260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 111.85 | 111.21 | 113.00 | 111.01 | 1.137 times |
| 04 Tue Jun 2024 | 110.18 | 113.20 | 113.74 | 108.43 | 1.672 times |
| 03 Mon Jun 2024 | 115.75 | 119.10 | 119.50 | 114.21 | 0.904 times |
| 31 Fri May 2024 | 118.63 | 119.16 | 121.71 | 116.19 | 1.032 times |
| 30 Thu May 2024 | 118.68 | 116.63 | 119.02 | 116.34 | 0.788 times |
| 29 Wed May 2024 | 119.49 | 119.13 | 119.75 | 117.94 | 0.743 times |
| 28 Tue May 2024 | 120.92 | 122.81 | 123.49 | 120.00 | 0.88 times |
| 24 Fri May 2024 | 117.51 | 117.98 | 119.73 | 117.13 | 0.603 times |
| 23 Thu May 2024 | 116.55 | 118.56 | 119.21 | 115.37 | 0.964 times |
| 22 Wed May 2024 | 116.66 | 122.25 | 122.27 | 116.46 | 1.551 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 114.5, but if it comes above 114.5, then a intra day buy could be more profitable.
If you take a sell trade below 114.5, then use 114.5 as stoploss and 108.8 as target. However if you take a buy trade in stock , then use 114.5 as stoploss and 119.19 as target.
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 |
| Downside 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 | 107.02 |
| Downside Intraday Target | 102.19 |
| Upside Intraday Target | 118.09 |
| Upside Intraday Target | 124.33 |
| Upside Intraday Target | 113.26 |
Weekly technical analysis of Southern Copper (SCCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 111.85 | 119.10 | 119.50 | 108.43 | 1.078 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 |
| 05 Wed Jun 2024 | 111.85 | 119.10 | 119.50 | 108.43 | 0.186 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 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 to mid 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 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Southern Copper in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Southern Copper is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 115.95 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 positive
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 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 to mid 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 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Southern Copper in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Southern Copper is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 115.95 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.