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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
$1.10
$0.08(6.78%)
U.S. Market opens in 19h 32m

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: 47.15)
Trend Strength:Strong (ADX: 38.38)
Volatility:High (ATR: 0.08)
Support/Resistance:$0.93 – $1.38 (Bollinger Bands)

Technical conditions suggest Companhia Siderúrgica Nacional on the NYSE is awaiting a decisive move. Technical conditions suggest Companhia Siderúrgica Nacional is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 47.15

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 41.69

Neutral
Mid-range signal with no clear trend.

Williams %R: -80.56

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 6.86

Strongly Bullish
Strong upside momentum.

Takeaway:Companhia Siderúrgica Nacional shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.05

Bullish
Bullish, trend momentum is strengthening.

ADX: 38.38

Strong
Strong trend, momentum well established.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): -91.34

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.38
Middle Band (SMA 20)
$1.15
Lower Band
$0.93
Current Position
Within Bands

Takeaway:Companhia Siderúrgica Nacional trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1.31
Middle Line (EMA 20)
$1.15
Lower Channel
$0.99
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-28.53M
Money Flow Index63.90Bullish, inflows support continued momentum.
Relative Vigor Index51.08Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SID shows bullish money flow, with volume and vigor supporting buyers.

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.

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

(NYSE: SID) Technical Analysis FAQ