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Companhia Siderúrgica Nacional

SID Technical Analysis Summary (NYSE)

Analyze SID on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SID●NYSE
Basic MaterialsSteel
$1.02
$0.09(8.11%)
U.S. Market opens in 9h 53m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SID Technical Analysis Summary (NYSE)

Companhia Siderúrgica Nacional (NYSE: SID) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 41.38)
Trend Strength:Strong (ADX: 30.19)
Volatility:High (ATR: 0.07)
Support/Resistance:$1.02 – $1.35 (Bollinger Bands)

Technical conditions suggest Companhia Siderúrgica Nacional on the NYSE is awaiting a decisive move. Overall, Companhia Siderúrgica Nacional remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 41.38

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 10.43

Bullish
Oversold zone signals rebound potential.

Williams %R: -87.78

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -22.93

Strongly Bearish
Sharp downside momentum.

Takeaway:Companhia Siderúrgica Nacional shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 30.19

Strong
Strong trend, momentum well established.

ATR (14): 0.07

Low
Low volatility, stable price action.

CCI (14): -169.14

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Companhia Siderúrgica Nacional shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.35
Middle Band (SMA 20)
$1.18
Lower Band
$1.02
Current Position
Within Bands

Takeaway:Companhia Siderúrgica Nacional trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$1.28
Middle Line (EMA 20)
$1.13
Lower Channel
$0.98
Squeeze Status
No Squeeze

Takeaway:Companhia Siderúrgica Nacional trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-27.10M
Money Flow Index31.94Bearish, selling pressure outweighs inflows.
Relative Vigor Index45.59Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SID shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Companhia Siderúrgica Nacional (NYSE: SID), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Companhia Siderúrgica Nacional are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: SID) Technical Analysis FAQ