(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 2024-08-23 View latest technical analysis
10 day averaged volume of Southern Copper is 856247
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 104.62 | 102.81 | 104.65 | 102.55 | 1.089 times |
| 22 Thu Aug 2024 | 101.70 | 103.21 | 103.86 | 101.36 | 0.912 times |
| 21 Wed Aug 2024 | 104.30 | 104.47 | 104.77 | 103.07 | 0.964 times |
| 20 Tue Aug 2024 | 103.32 | 105.58 | 106.02 | 102.92 | 1.01 times |
| 19 Mon Aug 2024 | 105.29 | 104.33 | 105.53 | 104.20 | 1.093 times |
| 16 Fri Aug 2024 | 103.88 | 105.19 | 105.39 | 103.43 | 1.096 times |
| 15 Thu Aug 2024 | 105.79 | 104.81 | 106.90 | 104.37 | 1.282 times |
| 14 Wed Aug 2024 | 101.47 | 101.03 | 101.83 | 100.21 | 1.098 times |
| 13 Tue Aug 2024 | 100.61 | 100.02 | 101.14 | 98.87 | 0.964 times |
| 12 Mon Aug 2024 | 100.32 | 100.30 | 101.58 | 99.83 | 0.76 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 104.6, but if it comes below 104.6, then a intra day sell could be more profitable.
If you take a sell trade below 104.6, then use 104.6 as stoploss and 101.9 as target. However if you take a buy trade in stock , then use 104.6 as stoploss and 107.8 as target.
Share price targets for Southern Copper (SCCO)
| Target Type | Value |
| Downside Target | 90.85 |
| Downside Target | 98.25 |
| Upside Target | 106.02 |
| Upside Target | 106.90 |
| Upside Target | 107.52 |
| Upside Target | 110.91 |
| Upside Target | 118.96 |
| Upside Target | 119.50 |
| Upside Target | 121.00 |
| Upside Target | 129.79 |
Intraday share price targets for Southern Copper (SCCO)
| Target Type | Value |
| Downside Intraday Target | 101.98 |
| Downside Intraday Target | 99.34 |
| Upside Intraday Target | 106.64 |
| Upside Intraday Target | 108.66 |
| Downside Intraday Target | 104 |
Weekly technical analysis of Southern Copper (SCCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 104.62 | 104.33 | 106.02 | 101.36 | 0.974 times |
| 16 Fri Aug 2024 | 103.88 | 100.30 | 106.90 | 98.87 | 0.789 times |
| 09 Fri Aug 2024 | 99.17 | 91.82 | 102.01 | 90.85 | 0.8 times |
| 02 Fri Aug 2024 | 99.49 | 104.02 | 107.52 | 98.25 | 1.175 times |
| 26 Fri Jul 2024 | 105.42 | 105.16 | 106.86 | 101.45 | 1.009 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 |
| 23 Fri Aug 2024 | 104.62 | 105.01 | 106.90 | 90.85 | 0.652 times |
| 31 Wed Jul 2024 | 106.61 | 109.06 | 118.96 | 100.68 | 1.033 times |
| 28 Fri Jun 2024 | 107.74 | 119.10 | 119.50 | 103.85 | 0.882 times |
| 31 Fri May 2024 | 118.63 | 116.67 | 129.79 | 110.91 | 0.885 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Southern Copper stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Southern Copper in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Southern Copper Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling 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 103.31 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Southern Copper stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Southern Copper in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Southern Copper Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling 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 103.31 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.