SQM technical analysis

SQM Technical Analysis

Analysis date

July 18, 2026

Market

NYSE (USD)

Daily cutoff

July 17, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

SQM Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
SQM
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
July 17, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)42.15July 17, 2026-Verified
Finviz (independent)42.15July 17, 2026 (previous close)0.00%Verified

Bottom line

SQM Technical Analysis Summary

SQM (Sociedad Química y Minera de Chile) shows a mixed technical picture. On the daily chart, price at 42.15 trades above SMA20 (40.48) and SMA50 (39.12), indicating positive short-term momentum. However, price remains below SMA200 (46.83), confirming the longer-term trend is still bearish. RSI14 at 55.82 on the daily chart is in neutral-to-bullish territory. The MACD line at 0.71 is above the signal line at 0.42 with a positive but flat histogram of 0.29, suggesting moderate bullish momentum. The weekly timeframe shows price below all key SMAs with SMA20 at 46.77, SMA50 at 52.91, and SMA200 at 59.10, reflecting a sustained downtrend. Weekly RSI at 48.05 is below the 50 midline, indicating neutral-to-bearish momentum at the weekly level. Key resistance lies at 46.63 (60-day high) and 48.82 (20-period high on weekly). Support rests at 38.19 (20-day low) and 35.36 (52-week low). A sustained move above SMA200 (46.83) would be needed to shift the long-term trend from bearish to neutral.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 17, 2026)

Trend
Mixed but improving short-term. Price at 42.15 is above SMA20 (40.48, +4.12%) and SMA50 (39.12, +7.75%) but remains below SMA200 (46.83, -9.99%). The SMA20 is sloping upward and has crossed above SMA50, a short-term bullish signal. However, the SMA200 continues to slope downward, confirming the structural downtrend remains intact.
Momentum
Moderately bullish. RSI14 at 55.82 is above the 50 midline, indicating bullish momentum without overbought conditions. MACD line at 0.71 is above the signal line at 0.42, and the histogram at 0.29 is positive. However, the histogram has been flattening, which suggests momentum may be stabilizing rather than accelerating.
Volatility
Moderate. ATR14 at 1.44 (3.42% of price) suggests average daily movement of about 3.4%. Bollinger Bands (37.82 to 43.98) are moderately wide with price near the upper band, consistent with the recent upward move.
Volume
Slightly below average. Latest volume of 2,184,300 is 77.2% of the 20-period average (2,829,400), indicating below-normal participation during the recent bounce.

Assessment

The daily chart shows a constructive short-term picture with price reclaiming SMA20 and SMA50 and the SMA20/SMA50 bullish crossover. However, the stock remains in a longer-term downtrend as confirmed by price below SMA200. The flattening MACD histogram suggests the current momentum may need fresh catalysts to sustain. Volume has been below average during the rally, which reduces conviction. A move above SMA200 (46.83) would be a meaningful trend-change signal.

Weekly (July 13, 2026 week)

Trend
Bearish. Price at 41.64 is below SMA20 (46.77), SMA50 (52.91), and SMA200 (59.10). All major moving averages continue to slope downward. The stock has been in a structural downtrend since its 2022 peak above 115, driven by lithium price headwinds.
Momentum
Neutral with a slightly bearish bias. RSI14 at 48.05 is just below the 50 midline. MACD line at -1.33 is below the signal line at -1.49, but the gap is narrowing. The histogram at 0.16 is positive, indicating that bearish momentum is fading at the weekly level.
Volatility
Elevated. ATR14 at 3.16 (7.59% of price) reflects significant weekly ranges, common for a lithium-sector stock subject to commodity price fluctuations.
Volume
Below average. Weekly volume of 12,846,500 is 72.5% of the 20-week average (17,716,400), indicating reduced participation and interest at current levels.

Assessment

The weekly chart remains in a clear downtrend with price firmly below all major SMAs. However, the narrowing MACD gap and positive histogram suggest the pace of the decline is slowing. RSI near 50 reflects neutral conditions after a prolonged period of weakness. The stock has been building a potential base between 35.36 (52-week low) and the SMA20 at 46.77. A weekly close above SMA20 would be the first step toward trend improvement, but a confirmed reversal has not yet occurred.

Key indicators

SQM Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)55.8248.05
MACD (12, 26, 9)0.71 / 0.42 / 0.29-1.33 / -1.49 / 0.16
ATR (14)1.44 (3.42%)3.16 (7.59%)
Bollinger Bands (20, 2)37.82 - 43.9834.36 - 51.82
SMA (20)40.4846.77
SMA (50)39.1252.91
SMA (200)46.8359.10

Price structure

SQM Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price42.1541.64
1-Period Return+0.62%+0.85%
5-Period Return+2.83%+4.70%
20-Period Return+8.91%+7.46%
60-Period Return+12.55%+9.83%
252-Period Return-5.56%-20.18%
52-Week Low35.3635.36
52-Week High56.2556.25
52-Week Position37.30%32.77%

Key levels

SQM Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High43.9848.82
20-Period Low38.1935.36
60-Period High46.6356.25
60-Period Low35.3635.36

Scenarios

SQM Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above SMA200 (46.83) on the daily chart with above-average volume, confirming a trend reversal.

Invalidation

Price falls back below SMA50 (39.12) and breaks the 20-day low at 38.19.

What to watch

Daily RSI holding above 55; MACD histogram expanding; weekly RSI crossing above 50; volume increasing on break attempts.

Range-Bound

Trigger

Price oscillates between the 20-day low support (38.19) and SMA200 resistance (46.83) with no clear directional bias.

Invalidation

A decisive break above 46.83 or below 38.19 with increasing volume.

What to watch

RSI staying between 45 and 55; MACD histogram fluctuating around zero; volume remaining below average levels.

Bearish

Trigger

Price fails to hold above SMA20 (40.48) and breaks below the 20-day low at 38.19, resuming the longer-term downtrend toward the 52-week low at 35.36.

Invalidation

Price reclaims and holds above SMA50 (39.12) and establishes a higher low above 38.19.

What to watch

Daily RSI falling below 50; MACD histogram turning negative; volume increasing on down days; weekly MACD crossing back below the signal line.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (500 completed bars) ending July 17, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 13, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 17, 2026, weekly July 13, 2026 week. Generated July 18, 2026.