Technical Analysis for SIM - Grupo Simec, S.A.B. de C.V.

Grade Last Price % Change Price Change
F 30.47 1.57% 0.47
SIM closed up 1.57 percent on Wednesday, July 3, 2024, on 38 percent of normal volume.
Earnings due: Jul 18
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Flat

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Narrow Range Bar Range Contraction 1.57%
Narrow Range Bar Range Contraction 1.57%
Gapped Down Weakness 1.57%
Narrow Range Bar Range Contraction 0.23%
Narrow Range Bar Range Contraction 0.23%
Gapped Up Strength 0.23%
Multiple of Ten Bearish Other 2.08%
Down 3 Days in a Row Weakness 2.08%

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Profile

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

Grupo Simec, S.A.B. de C.V., together with its subsidiaries, engages in the manufacture, processing, and distribution of special bar quality (SBQ) steel and structural products primarily in the United States, Mexico, and Canada. Its steel products include I-beams; channels; structural and commercial angles; hot rolled bars, such as round, square, and hexagonal rods; flat bars; rebars; cold finished bars; wire rods; semi-finished tube rounds; and other semi-finished trade products. The company's SBQ products are used in various engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment; and structural steel products are used in the non-residential construction market and other construction applications, as well as automotive industries. It also operates in Latin America, Europe, and Asia. The company was founded in 1969 and is headquartered in Guadalajara, Mexico. Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. de C.V.


Classification

Sector: Basic Materials
Industry: Steel
Keywords: Steel Building Engineering Steel Products Concrete Axle Rebar Structural Steel Machine Tool Structural Products End User Applications

Is SIM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 38.22
52 Week Low 28.0
Average Volume 653
200-Day Moving Average 32.48
50-Day Moving Average 31.53
20-Day Moving Average 31.05
10-Day Moving Average 30.60
Average True Range 0.58
RSI (14) 44.13
ADX 16.05
+DI 40.63
-DI 46.27
Chandelier Exit (Long, 3 ATRs) 32.05
Chandelier Exit (Short, 3 ATRs) 30.51
Upper Bollinger Bands 32.90
Lower Bollinger Band 29.21
Percent B (%b) 0.34
BandWidth 11.90
MACD Line -0.45
MACD Signal Line -0.37
MACD Histogram -0.0796
Fundamentals Value
Market Cap 4.69 Billion
Num Shares 154 Million
EPS 1.49
Price-to-Earnings (P/E) Ratio 20.45
Price-to-Sales 0.12
Price-to-Book 1.63
PEG Ratio -1.49
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.47
Resistance 3 (R3) 30.47 30.47 30.47
Resistance 2 (R2) 30.47 30.47 30.47 30.47
Resistance 1 (R1) 30.47 30.47 30.47 30.47 30.47
Pivot Point 30.47 30.47 30.47 30.47 30.47
Support 1 (S1) 30.47 30.47 30.47 30.47 30.47
Support 2 (S2) 30.47 30.47 30.47 30.47
Support 3 (S3) 30.47 30.47 30.47
Support 4 (S4) 30.47