SQM technical analysis
SQM Technical Analysis
Analysis date
August 6, 2026
Market
NYSE (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
SQM Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- SQM
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 70.05 | August 5, 2026 | - | Verified |
| Verification series | 70.05 | August 5, 2026 | 0.00% | Verified |
Bottom line
SQM Technical Analysis Summary
SQM (Sociedad Química y Minera de Chile) is in a corrective phase after a powerful one-year advance. The stock is up roughly 95% over the past year but has pulled back about 28% from its early May 2026 high near 96.90. On the daily chart, price at 70.05 has reclaimed SMA20 (69.40) during a short-term bounce, but remains below SMA50 (74.44) and SMA200 (72.41), so the medium-term trend is still corrective. Daily RSI14 at 48.02 is neutral, and the MACD line at -1.83 sits above its signal at -2.23 with a positive histogram of 0.40, indicating a bullish crossover in progress. The weekly chart shows price at 67.06 below SMA20 (79.34) and just below SMA50 (67.40), though well above SMA200 (56.07), with weekly RSI at 43.01 and a negative MACD histogram confirming the corrective phase. Key support sits at 65.45 (20-day and 60-day low), with the 52-week low at 35.34 further below. Resistance is at the SMA50/SMA200 zone (72.41 to 74.44) and the 20-day high at 75.25. A sustained close above 74.44 would strengthen the recovery case, while a break below 65.45 would signal renewed downside.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Mixed. Price at 70.05 is above SMA20 (69.40, +0.94%) but below SMA50 (74.44, -5.90%) and SMA200 (72.41, -3.26%). The SMA20 has flattened and turned up after the sharp correction, and price has reclaimed it during the recent bounce. Price still needs to clear SMA50 and SMA200 for the daily trend to improve.
- Momentum
- Recovering. RSI14 at 48.02 is neutral and has lifted off oversold territory during the bounce. The MACD line at -1.83 is above the signal line at -2.23 with a positive histogram of 0.40, signaling a bullish crossover and improving short-term momentum, although both lines remain below zero.
- Volatility
- Elevated. ATR14 at 2.55 (3.64% of price) suggests average daily movement of about 3.6%. Bollinger Bands (65.00 to 73.79) are wide after the sharp decline, and price at 70.05 sits in the upper half of the bands, consistent with the short-term bounce.
- Volume
- Below average. Latest volume of 833,300 is 82.4% of the 20-period average (1,010,995), indicating moderate participation during the bounce.
Assessment
The daily chart shows a stock stabilizing after a steep correction. Price found support at 65.45 on July 17 and has bounced back above SMA20, while the positive MACD histogram points to improving short-term momentum. However, price remains below SMA50 and SMA200, and the bounce has occurred on below-average volume, which reduces conviction. Reclaiming SMA50 at 74.44 would strengthen the recovery case, while losing SMA20 at 69.40 and the 65.45 support would renew the downside pressure.
Weekly (July 27, 2026 week)
- Trend
- Mixed with a short-term bearish tilt. Price at 67.06 is below SMA20 (79.34) and marginally below SMA50 (67.40), but remains well above SMA200 (56.07). The SMA200 is rising, reflecting the longer-term uptrend, while the pullback has pushed price below the shorter-term averages.
- Momentum
- Bearish. RSI14 at 43.01 is below the 50 midline, reflecting weakening momentum. The MACD line at 0.04 is below the signal line at 2.82 with a negative histogram of -2.78, indicating that weekly momentum has turned down after the sharp advance.
- Volatility
- Elevated. ATR14 at 7.67 (11.44% of price) reflects large weekly ranges, consistent with a lithium-sector stock subject to commodity price swings.
- Volume
- Roughly average. Weekly volume of 6,086,300 is 105.1% of the 20-week average (5,791,235), indicating typical participation.
Assessment
The weekly chart confirms the corrective phase within a longer-term uptrend. Price is below SMA20 and just under SMA50, and the negative MACD histogram indicates fading upside momentum, with RSI at 43.01 soft but not deeply oversold. The main question is whether the pullback holds above the 65.45 zone or extends toward deeper support. A weekly close back above SMA50 at 67.40, followed by SMA20 at 79.34, would signal that the correction is over.
Key indicators
SQM Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 48.02 | 43.01 |
| MACD (12, 26, 9) | -1.83 / -2.23 / 0.40 | 0.04 / 2.82 / -2.78 |
| ATR (14) | 2.55 (3.64%) | 7.67 (11.44%) |
| Bollinger Bands (20, 2) | 65.00 - 73.79 | 64.24 - 94.44 |
| SMA (20) | 69.40 | 79.34 |
| SMA (50) | 74.44 | 67.40 |
| SMA (200) | 72.41 | 56.07 |
Price structure
SQM Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 70.05 | 67.06 |
| 1-Period Return | +2.14% | -2.43% |
| 5-Period Return | +3.70% | -6.33% |
| 20-Period Return | -5.88% | -8.90% |
| 60-Period Return | -23.35% | +107.03% |
| 252-Period Return | +94.74% | +52.28% |
| 52-Week Low | 35.34 | 35.34 |
| 52-Week High | 96.90 | 98.00 |
| 52-Week Position | 56.39% | 50.62% |
Key levels
SQM Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 75.25 | 98.00 |
| 20-Period Low | 65.45 | 65.45 |
| 60-Period High | 95.74 | 98.00 |
| 60-Period Low | 65.45 | 31.54 |
Scenarios
SQM Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price reclaims and holds above SMA50 (74.44) and SMA200 (72.41) on the daily chart with above-average volume, opening a move toward the 20-day high at 75.25.
Invalidation
Price falls back below SMA20 (69.40) and breaks the 20-day low at 65.45.
What to watch
Daily RSI holding above 50; the MACD histogram continuing to expand; the weekly MACD histogram starting to narrow; volume increasing on up days.
Range-Bound
Trigger
Price oscillates between support at 65.45 (20-day and 60-day low) and resistance near the SMA50/SMA200 zone between 72.41 and 74.44 with no clear directional bias.
Invalidation
A decisive break above 74.44 or below 65.45 on increasing volume.
What to watch
RSI staying between 40 and 55; the MACD histogram fluctuating near zero; volume remaining below its 20-period average.
Bearish
Trigger
Price fails to hold SMA20 (69.40) and breaks below the 20-day low at 65.45, extending the correction toward the 52-week low at 35.34.
Invalidation
Price reclaims and holds above SMA50 (74.44) and establishes a higher low above 65.45.
What to watch
Daily RSI dropping below 40; the MACD histogram turning negative; weekly RSI below 40; volume rising on down days.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
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.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.
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