SIM Stock Tickeron detected bearish Stock Pattern: Wedge Rising SIM on April 09, 2025, netting in a 5.39% gain over 1 day

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+5.39% Gain from a Successful pattern Wedge Rising

SIM - Groupo Simec SAB de CV

Ticker: SIM

Company: Groupo Simec SAB de CV

Gain from shorting: +5.39%

Confirmed: 04/09/25

Succeeded: 04/10/25

Total length: 1 day

On April 09, 2025, A.I.dvisor detected a Wedge Rising Pattern (Bearish) for Groupo Simec SAB de CV (SIM, $27.32). On April 09, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 10, 2025, the stock hit the target price of $24.00 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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published General Information

General Information

a manufacturer of of steel products for the automotive and construction industries

Industry Steel

Profile

Fundamentals

Details

Industry

Metal Fabrication

Address

Calzada Lazaro Cardenas 601

Phone

+52 3337706700

Employees

5092

Web

https://www.gsimec.com.mx