What does Average Directional Index Predict about CompanhiaSiderurgicaNacional (NYSE:SID)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of CompanhiaSiderurgicaNacional (NYSE:SID) for the period of 9-Day stands at 30.61% while the stochastic %D for the same period stands at 30.54%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of CompanhiaSiderurgicaNacional (NYSE:SID) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for CompanhiaSiderurgicaNacional (NYSE:SID) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently CompanhiaSiderurgicaNacional (NYSE:SID)’s 20-Day Bollinger Band indicates “Hold”.

About Company

CIA SIDERUR-ADR, through the combining of its own mines, steel mill, railroads, ports and service and distribution centers within the scope of its operations, makes them the largest integrated steel-making complex in Latin America. Leader of the Brazilian steel industry, the company has the capacity to produce 5 million tonnes a year of crude steel.

Previous Day Activity Analysis

On the last trading day, CompanhiaSiderurgicaNacional (NYSE:SID) opened the session at $3.08 and after going down -0.32% closed at $3.08. The stock gained 0 points in the last trade.

CompanhiaSiderurgicaNacional (NYSE:SID)’s stock fluctuated in the range of $3.00 and $3.12 during the previous active session. CompanhiaSiderurgicaNacional (NYSE:SID) traded with the volume of 1.36 Million with average volume of 2.88 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 2.37 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.15 and 51.38 respectively.

Currently the Insider Ownership of the shares of CompanhiaSiderurgicaNacional (NYSE:SID) is at 54.5% and the shares outstanding are 1.32 Billion.

Important Ratio Analysis

Some important ratios to consider here for CompanhiaSiderurgicaNacional (NYSE:SID) are discussed below:

Dividend yield of CompanhiaSiderurgicaNacional (NYSE:SID) stands at 0% whereas Price to Earnings P/E ratio stands at 13.39 while Forward P/E shows the value of 16.83.

The PEG ratio (Price to Earning to Growth) emits the value of 0.6. The Price to Sale P/S and Price to Book P/B shows the value of 0.79 and 1.65 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 2.37 and 3.77 correspondingly.

The Quick Ratio of CompanhiaSiderurgicaNacional (NYSE:SID) stands at 1.5 while the Current Ratio depicts the value of 2.2.

Return on Assets ROA of CompanhiaSiderurgicaNacional (NYSE:SID) is at 2.1% whereas, Return on Equity ROE and Return of Investment ROI of CompanhiaSiderurgicaNacional (NYSE:SID) stand at 12.9% and 11.9% respectively.

Stock Performance Analysis

The stock performance of CompanhiaSiderurgicaNacional (NYSE:SID) on the basis of 5 day trade show the jump of 3.36% whereas, the monthly performance of the stock shows decrease of -10.2%.

The quarterly performance of the stock remained in green zone with the value of 29.96% while six month performance of the shares of CompanhiaSiderurgicaNacional (NYSE:SID) remained bullish with the count of 31.62%.

The yearly and YTD performance of CompanhiaSiderurgicaNacional (NYSE:SID) remained down at -6.67% and -4.64% respectively.