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SQM Technical Analysis

Sociedad Quimica y Minera de Chile SA
$
36.660
-2.750(-6.980%)

SQM Technical Signal Analysis

SQM have 4 buy signals and 7 sell signals now. The current trend is consolidation starting from 2025-03-19. The total price change during this trend is -19.12%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of SQM over last 5 trading day is $37,998,430.41

4 Bullish Signal

vs

7 Bearish Signal

Name

Signal

Value

Meaning

Stochastic Oscillator %K (14, 3, 3)

STOCHk_14_3_3 < 20

7.69

Bullish

Commodity Channel Index (20 days, 0.015 constant)

CCI_20_0.015 < -100

-191.95

Bullish

Stochastic RSI %K (14, 14, 3, 3)

STOCHRSIk_14_14_3_3 < 20

0.7

Bullish

Williams %R (14 days)

WILLR_14 < -80

-97.45

Bullish

Name

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 < 0

-1.86

Bearish

Momentum (10 days)

MOM_10 < 0

-7.13

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-0.52

Bearish

Closing price

close < fibonacci_S1

36.72

Bearish

Moving Average

Price crosses below 200-day SMA

--

Bearish

Moving Average

5-day SMA crosses below 200-day SMA

--

Bearish

Moving Average

10-day SMA crosses below 250-day SMA

--

Bearish

SQM Support and Resistance Level

The support levels for SQM are at 37.4, 35.53, and 32.5, while the resistance levels are at 43.45, 45.32, and 48.35. With the current stock price at 36.66, it is leaning more toward the support levels.

SQM Technical Analysis

Technical Analysis of SQM Stock

Price Overview:

  • Current Price: $43.89
  • Open: $43.77
  • High: $44.67
  • Low: $43.40
  • Close: $43.85

Technical Indicators:

  • RSI:
    • RSI_6: 55.67
    • RSI_12: 59.92
    • RSI_14: 59.87
  • Stochastic Oscillator:
    • %K: 83.70
    • %D: 90.54
  • MACD:
    • MACD Line: 1.46
    • Signal Line: 0.30
    • Divergence: 0.16
  • Bollinger Bands:
    • 20-day SMA: $41.65
    • Upper Band: $48.92
    • Lower Band: $34.88

Fibonacci Levels:

  • Pivot Point: $43.44
  • Resistance Levels:
    • R1: $45.36
    • R2: $46.54
  • Support Levels:
    • S1: $41.52
    • S2: $40.34

Analysis:

The stock is currently trading near the Fibonacci pivot point of $43.44, indicating a neutral stance. The RSI values are below 70, suggesting the stock is not overbought. However, the Stochastic Oscillator indicates overbought conditions, which could signal a potential pullback. The MACD is bullish, but the proximity of the signal line suggests caution. The Bollinger Bands indicate volatility, with the price trading near the upper band, which may signal a reversal.

Recommendation:

Sell at the current price of $43.89, as the stock faces resistance at $45.36 and shows signs of potential pullback due to overbought conditions in the Stochastic Oscillator.

SQM FAQs

Which bull technical signals does SQM have?

Bullish technical signals of SQM include: STOCHk_14_3_3 < 20, CCI_20_0.015 < -100, STOCHRSIk_14_14_3_3 < 20, WILLR_14 < -80.

Which bearish technical signals does SQM have?

How reliable is technical analysis?

How can I use moving averages to set entry and exit points for SQM stock?

Is SQM a buy based on overall technical signals summary?

SQM Buy or Sell

SQM has 4 buy signals and 7 sell signals now. Overall the technical rating for SQM is Sell.

StrongSellSellNeutralBuyStrongBuy
Sell
Sell
7
Buy
4

SQM Moving Average

This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 36.66 below the SMA_5. In the short term, the stock shows a negative trend with the 39.14 below the SMA_20. In the mid term, the stock shows a positive trend with the 41.98 above the SMA_60. In the long term, the stock shows a positive trend with the 40.19 above the SMA_200.

Swing

Negative

Stock Price Below SMA_5

Short Term

Negative

SMA_5 Below SMA_20

Mid Term

Positive

SMA_20 Above SMA_60

Long Term

Positive

SMA_60 Above SMA_200

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