(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 2024-10-18 View latest technical analysis
10 day averaged volume of Southern Copper is 974630
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Fri Oct 2024 | 112.90 | 114.45 | 114.77 | 112.67 | 0.885 times |
| 17 Thu Oct 2024 | 111.99 | 112.55 | 113.36 | 111.49 | 0.804 times |
| 16 Wed Oct 2024 | 113.14 | 112.53 | 113.76 | 111.69 | 1.081 times |
| 15 Tue Oct 2024 | 111.51 | 115.15 | 115.25 | 110.80 | 1.558 times |
| 14 Mon Oct 2024 | 117.57 | 113.64 | 117.81 | 113.17 | 0.798 times |
| 11 Fri Oct 2024 | 117.64 | 116.21 | 118.46 | 116.21 | 0.623 times |
| 10 Thu Oct 2024 | 116.38 | 114.63 | 116.98 | 114.12 | 0.966 times |
| 09 Wed Oct 2024 | 114.43 | 111.67 | 114.49 | 110.72 | 0.848 times |
| 08 Tue Oct 2024 | 113.11 | 112.96 | 113.66 | 110.27 | 1.551 times |
| 07 Mon Oct 2024 | 117.57 | 117.95 | 118.54 | 117.11 | 0.788 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 111.7 as stoploss in an intra day buy trade for a target of 115. However, stock will show a bearish move below 111.7.
Share price targets for Southern Copper (SCCO)
| Target Type | Value |
| Downside Target | 90.85 |
| Downside Target | 93.43 |
| Downside Target | 98.66 |
| Downside Target | 100.68 |
| Downside Target | 103.85 |
| Downside Target | 106.34 |
| Downside Target | 110.27 |
| Upside Target | 114.00 |
| Upside Target | 117.81 |
| Upside Target | 119.48 |
| Upside Target | 119.50 |
| Upside Target | 121.44 |
Intraday share price targets for Southern Copper (SCCO)
| Target Type | Value |
| Downside Intraday Target | 109.86 |
| Downside Intraday Target | 106.83 |
| Upside Intraday Target | 116.87 |
| Upside Intraday Target | 120.85 |
| Upside Intraday Target | 113.84 |
Weekly technical analysis of Southern Copper (SCCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Fri Oct 2024 | 112.90 | 113.64 | 117.81 | 110.80 | 1.073 times |
| 11 Fri Oct 2024 | 117.64 | 117.95 | 118.54 | 110.27 | 1.056 times |
| 04 Fri Oct 2024 | 117.95 | 117.15 | 119.48 | 114.00 | 0.514 times |
| 27 Fri Sep 2024 | 118.87 | 104.32 | 121.44 | 104.13 | 1.437 times |
| 20 Fri Sep 2024 | 103.60 | 99.49 | 106.34 | 98.66 | 1.02 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 |
| 18 Fri Oct 2024 | 112.90 | 118.00 | 119.48 | 110.27 | 0.494 times |
| 30 Mon Sep 2024 | 115.67 | 97.64 | 121.44 | 93.43 | 1.138 times |
| 30 Fri Aug 2024 | 101.72 | 105.01 | 107.80 | 90.85 | 0.884 times |
| 31 Wed Jul 2024 | 106.61 | 109.06 | 118.96 | 100.68 | 1.033 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Weak 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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 114.18 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Weak 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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 114.18 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.