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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Companhia Siderurgica Nacional S.A. (NYSE:SID)

Long-Term Downtrend (-90) - SID is in a strong downtrend that is likely to continue. While SID is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SID?

MarketClub looks at technical strength and momentum to determine if the timing is right for SID.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_SID
Open High Low SID Price Change
2.70 2.78 2.70 2.77 +0.05
Entry Signal

MarketClub’s Trade Triangles for SID

long term down The long-term trend has been DOWN since Mar 4th, 2024 at 3.34

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2024 at 3.36

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 2.92

Smart Scan Analysis for SID

Based on our trend formula, SID is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SID
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.70 2.78 2.70 2.77 +0.05
Prev. Close Volume Bid Ask Time
2.72 2017677 2024-04-19 13:05:04
Year High3.53Year High Date2018-01-31
Year Low1.91Year Low Date2018-06-27
52wk High4.0352wk High Date2023-12-27
52wk Low2.1152wk Low Date2023-10-20
Year End Close5.9Average Volume3,435,676
Shares Outstanding1,728,000Short Interest12,005,025
% Institutional7.4Market Cap4,871M
Assets826,383,990MLiabilities853,163,980M
P/E Ratio1.7772Beta1.93
Volatility57.34
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