NYSE:SQM - New York Stock Exchange, Inc. - US8336351056 - ADR - Currency: USD
Taking everything into account, SQM scores 2 out of 10 in our technical rating. SQM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, SQM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 40.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 39.87, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
35.68
3 important support areas can be observed.
2 important resistance areas can be observed.
39.93
+1.56 (+4.07%)