What 20-Day Moving Average Analysis say about Companhia Siderurgica Nacional (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 Companhia Siderurgica Nacional (NYSE:SID) for the period of 9-Day stands at 97.45% while the stochastic %D for the same period stands at 96%.

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

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

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

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, Companhia Siderurgica Nacional (NYSE:SID) opened the session at $3.08 and after going up 2.64% closed at $3.11. The stock gained 0.03 points in the last trade.

Companhia Siderurgica Nacional (NYSE:SID)’s stock fluctuated in the range of $3.08 and $3.12 during the previous active session. Companhia Siderurgica Nacional (NYSE:SID) traded with the volume of 4.14 Million with average volume of 2.91 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 2.43 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.11 and 79.68 respectively.

Currently the Insider Ownership of the shares of Companhia Siderurgica Nacional (NYSE:SID) is at 54.5% and the shares outstanding are 1.37 Billion.

Important Ratio Analysis

Some important ratios to consider here for Companhia Siderurgica Nacional (NYSE:SID) are discussed below:

Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 79.74.

The Price to Sale P/S and Price to Book P/B shows the value of 0.76 and 2.03 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 3.33 and 23.3 correspondingly.

The Quick Ratio of Companhia Siderurgica Nacional (NYSE:SID) stands at 0.9 while the Current Ratio depicts the value of 1.5.

Return on Assets ROA of Companhia Siderurgica Nacional (NYSE:SID) is at -0.6% whereas, Return on Equity ROE and Return of Investment ROI of Companhia Siderurgica Nacional (NYSE:SID) stand at -4% and 4.6% respectively.

Stock Performance Analysis

The stock performance of Companhia Siderurgica Nacional (NYSE:SID) on the basis of 5 day trade show the jump of 16.92% whereas, the monthly performance of the stock shows increase of 42.01%.

The quarterly performance of the stock remained in green zone with the value of 1.63% while six month performance of the shares of Companhia Siderurgica Nacional (NYSE:SID) remained bullish with the count of 33.48%.

The yearly and YTD performance of Companhia Siderurgica Nacional (NYSE:SID) remained mix at -12.15% and 26.94% respectively.