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SID Stock Companhia Siderurgica Nacional SA (SID, $2.12) Aroon Indicator entered a Downtrend on July 25, 2024.

A.I.dvisor
at Tickeron.com
07/26/24
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SID - Companhia Siderurgica Nacional SA
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $2.12
Daily change: +$0.01 (+0.47%)
Daily volume: 2M
Capitalization: $2.8B
Industry: Steel
For the last three days, A.I.dvisor has detected that SID's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for SID, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 238 similar cases, of which were successful. Based on this data, the odds of success are
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SID
Daily Signalchanged days ago
Gain/Loss if shorted
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General Information

a company which interests in the steel, mining, cement, logistics and energy sectors

Industry Steel

Profile
Fundamentals
Details
Industry
Steel
Address
Avenue Brigadeiro Faria Lima
Phone
+55 1130497454
Employees
26766
Web
https://www.csn.com.br