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SCCO (Southern Copper) 50-Day SMA : $108.24 (As of Oct. 31, 2024)


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What is Southern Copper 50-Day SMA?

Moving averages are one of the core indicators in technical analysis. A Simple Moving Average (SMA) is simply the arithmetic average of stock price over a period. It is calculated by adding a selected range of prices, usually closing prices, and then dividing that figure by the number of time periods in that range.

The 50-Day SMA calculates the average price over 50 days. And the 20-Day SMA and 200-Day SMA calculates the average price over 20 days and 200 days separately.

As of today (2024-10-31), Southern Copper's 50-Day SMA is $108.24. It's 20-Day SMA is $114.57 and 200-Day SMA is $103.45.


Competitive Comparison of Southern Copper's 50-Day SMA

For the Copper subindustry, Southern Copper's 50-Day SMA, along with its competitors' market caps and 50-Day SMA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southern Copper's 50-Day SMA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Southern Copper's 50-Day SMA distribution charts can be found below:

* The bar in red indicates where Southern Copper's 50-Day SMA falls into.



Southern Copper  (NYSE:SCCO) 50-Day SMA Calculation

The formula for calculating SMA is:

SMA=( P1 + P2 + ... + Pn ) / n

where:
Pn is the price of the stock at period n.
n is the total number of periods.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Southern Copper  (NYSE:SCCO) 50-Day SMA Explanation

Simple Moving Average (SMA) is the arithmetic average of stock price over a period. The 20-Day SMA calculates the average price over 20 days. And the 50-Day SMA and 200-Day SMA calculates the average price over 50 days and 200 days separately. SMAs are often used to determine the price trend direction. A 200-Day SMA is usually a proxy for the long-term trend, while shorter periods indicate short-term trend.

SMA are commonly compared with stock price or different period SMAs to indicate a trading signal. Generally speaking, if the price goes above the SMA, or a short-term SMA crosses above a long-term SMA, an uptrend is expected, investors may want to go long or cover short. Conversely, if the price goes below the SMA, or the short-term SMA crosses below a long-term SMA, a downtrend is expected, investors may want to go short or exit long.

Two popular trading patterns that use SMA include the death cross and a golden cross. A death cross occurs when the 50-day SMA crosses below the 200-day SMA. This is considered a bearish signal, that further losses are in store. The golden cross is a bullish signal which occurs when a short-term SMA crosses above a long-term SMA.


Southern Copper 50-Day SMA Related Terms

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Southern Copper Business Description

Address
7310 North 16th Street, Suite 135, Phoenix, AZ, USA, 85020
Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and refining facilities in Peru and Mexico. Its production includes copper, molybdenum, zinc, and silver. The company operates through the following segments: Peruvian operations, Mexican open-pit operations, and Mexican underground mining operations. Southern Copper generates the majority of its revenue from the sale of copper and the rest from the sale of non-copper products, such as molybdenum, silver, zinc, lead, and gold. The company's geographical segments are The Americas, Europe, and Asia.
Executives
Palomino Bonilla Luis Miguel director C/O SOUTHERN PERU COPPER CORP, 2575 E CAMELBACK RD, PHOENIX AZ 85016
Castillo Sanchez Mejorada Enrique director C/O SOUTHERN COPPER CORPORATION, 11811 NORTH TATUM BLVD., SUITE 2500, PHOENIX AZ 85028
Velasco German Larrea Mota director, officer: Chairman of the Board and CEO
Contreras Lerdo De Tejada Leonardo director 1440 E. MISSOURI AVENUE, SUITE 160, PHOENIX AZ 85014
Andreve Vicente Ariztegui director 1440 E. MISSOURI AVENUE, SUITE 160, PHOENIX AZ 85014
Perez Alfredo Casar director C/O SOUTHERN COPPER CORPORATION, AV. CAMINOS DEL INCA 171, LIMA R5 33
Castro Raul Vaca officer: General Auditor 1440 E. MISSOURI AVENUE, SUITE 160, PHOENIX AZ 85014
Chapa Ramon Leal officer: Senior Vice President 1440 E. MISSOURI AVENUE, SUITE 160, PHOENIX AZ 85014
Quintanilla Daniel Muniz director C/O SOUTHERN COPPER CORPORATION, 11811 NORTH TATUM BLVD., SUITE 2500, PHOENIX AZ 85028
Mac Gregor Anciola Rafael director 1440 E. MISSOURI AVENUE, STE. C160, PHOENIX AZ 85014
Lopez Abad Rafael F. officer: General Auditor 1440 E. MISSOURI AVENUE, SUITE 160, PHOENIX AZ 85014
Lina Vingerhoets officer: Comptroller 1440 E. MISSOURI AVENUE, SUITE 160, PHOENIX AZ 85014
Julian Jorge Lazalde officer: Secretary 1440 E. MISSOURI AVENUE, SUITE 160, PHOENIX AZ 85014
Andres C Ferrero officer: General Counsel 1440 E MISSOURI AVENUE, SUITE 160, PHOENIX AZ 85014
Oscar Gonzalez Rocha director, officer: President

Southern Copper Headlines

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