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Grupo Simec, S.A.B. de C.V.

SIM Technical Analysis Summary (AMEX)

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

SIM●AMEX
Basic MaterialsSteel
$28.85
$0.00(0.00%)
U.S. Market is Open · 15:03

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

SIM Technical Analysis Summary (AMEX)

Grupo Simec, S.A.B. de C.V. (AMEX: SIM) stock currently shows a bullish trend on the AMEX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 55.67)
Trend Strength:Strong (ADX: 30.87)
Volatility:Medium (ATR: 0.86)
Support/Resistance:$24.63 – $30.74 (Bollinger Bands)

Technical conditions suggest Grupo Simec, S.A.B. de C.V. on the AMEX is awaiting a decisive move. This mix signals that Grupo Simec, S.A.B. de C.V. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 55.67

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 75.50

Bullish
Buying momentum building without extremes.

Williams %R: -30.47

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 8.98

Strongly Bullish
Strong upside momentum.

Takeaway:Grupo Simec, S.A.B. de C.V. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.13

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 30.87

Strong
Strong trend, momentum well established.

ATR (14): 0.86

Low
Low volatility, stable price action.

CCI (14): 115.71

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Grupo Simec, S.A.B. de C.V. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$30.74
Middle Band (SMA 20)
$27.68
Lower Band
$24.63
Current Position
Within Bands

Takeaway:Grupo Simec, S.A.B. de C.V. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$29.66
Middle Line (EMA 20)
$27.95
Lower Channel
$26.23
Squeeze Status
No Squeeze

Takeaway:Grupo Simec, S.A.B. de C.V. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume447.44K
Money Flow Index6.36Bullish, oversold conditions signal rebound potential.
Relative Vigor Index36.08Bearish, price momentum favors sellers.

Overall Takeaway:SIM shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Grupo Simec, S.A.B. de C.V. (AMEX: SIM), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Grupo Simec, S.A.B. de C.V. are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: SIM) Technical Analysis FAQ