Potential Long on S32
S32 is currently in a descending wedge with bullish RSI divergence. Look for a breakout and retest of upper trendline or support zone for entry, stoploss at last swing low and will be moving SL to BE when safe to do so.
−0.26AUD
−257.19 MAUD
11.04 BAUD
4.49 B
About SOUTH32 LIMITED
Sector
Industry
CEO
Graham Kerr
Website
Headquarters
Perth
Employees (FY)
9.62 K
Founded
2000
ISIN
AU000000S320
FIGI
BBG0070L8ZW6
South32 Ltd. operates as a metal and mining company. It operates through the following segments: Worsley Alumina, Hillside Aluminium, Mozal Aluminium, Brazil Alumina, South Africa Energy Coal, Illawarra Metallurgical Coal, Eagle Downs Metallurgical Coal, Australia Manganese, South Africa Managanese, Cerro Matoso, Cannington, and Hermosa. The Worsley Alumina segment offers bauxite mine and alumina refinery in Western Australia. The Hillside Aluminium segment offers aluminium smelters at Richards Bay, South Africa. The Mozal Aluminium segment includes aluminium smelter in Mozambique. The Brazil Alumina segment covers alumina refinery in Brazil. The South Africa Energy Coal segment comprises of open-cut and underground energy coal mines and processing operations in South Africa. The Illawarra Metallurgical Coal segment consists of underground metallurgical coal mines in New South Wales, Australia. The Eagle Downs Metallurgical Coal segment involves in the exploration and development of metallurgical coal deposit in Queensland, Australia. The Australia Manganese segment produces manganese ore in the Northern Territory and manganese alloys in Tasmania. The South Africa Manganese segment involves in the production of ore and alloy in South Africa. The Cerro Matoso segment includes laterite ferronickel mining and smelting complex in Colombia. The Cannington segment explores silver, lead, and zinc. The Hermosa segment involves in exploration and development option for zinc, lead and silver sulphide deposit in Tucson, United States. The company was founded on July 12, 2000 and is headquartered in Perth, Australia.
Our opinion on the current state of S32South 32 (S32) was spun out of BHP Billiton in 2015 and contained all of BHP's South African coal assets. It is, in its own right, a diversified miner of base metals and minerals such as zinc, coal, aluminium, silver, lead, nickel and manganese. It operates in South Africa, South America and Austral
RiskMastery's Red Flag Stocks - S32 EditionWelcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential.
In this edition, we'll be looking at ASX:S32 ...
I believe this code is at a point of potential volatility.
If price can hold below $3.24 ... Bearish potential may be unlocked.
My key downside targets include:
-
JSE's South32 Limited to journey North or South?JSE:S32 took off from the lows of R16.37 in March 2020 and went on a +230% impulsive rally to R62.50 that ended in March 2022 before price started moving sideways to correct.
Considering the latest price action, the instrument has been correcting in the form of a bullish flag and is currently tradi
Breakdown example - LH and LL ..ASX:S32
The chart for ASX:S32 shows a pattern of lower highs and lower lows.
This information is essential for investing and trading.
It is advisable to avoid focusing on this stock and instead focus on other options.
This will save you time and give you peace of mind.
#investing #avoid #t
Our opinion on the current state of S32South 32 (S32) was spun out of BHP Billiton in 2015 and contained all of BHP's South African coal assets. It is, in its own right, a diversified miner of base metals and minerals such as zinc, coal, aluminium, silver, lead, nickel and manganese. It operates in South Africa, South America and Austral
S32 Arriving at interesting ZoneS32 appears to have set a cycle low on 26 June but then quickly went below it. We can expect price to push to break the resistance and close below it. We are watching the construction of a bullish reversal so this bearish thesis is not one we expect to last long, it can also have a violent move down
Our opinion on the current state of S32South 32 (S32) was spun out of BHP Billiton in 2015 and contained all of BHP's South African coal assets. It is, in its own right, a diversified miner of base metals and minerals such as zinc, coal, aluminium, silver, lead, nickel and manganese. It operates in South Africa, South America and Austral
UPDATE SOUTH32 Target reached at R37.31 - Watch outSince the Inverse C&H, the price broke below the brim level and since then has been on a downward trajectory.
The downtrend, was the other confirming indicator that this was about to drop.
I definitely didn't expect the drop to be short and explosive, but for a trader it's always better to be in
South32 living up to its name - Target R37.31Inv Cup and Handle formed on S32 and the price broke below.
Not the momentum is picking up and things aren't looking good for it.
We have other indicators...
200>21>7
RSI<50
Target 1 will be at R37.31. But I'll update as we go.
ABOUT THE COMPANY
South32 is a global mining and metals company.
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
Frequently Asked Questions
The current price of S32 is 3.20 AUD — it has decreased by 2.89% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange SOUTH32 LIMITED stocks are traded under the ticker S32.
SOUTH32 LIMITED is going to release the next earnings report on Aug 29, 2024. Keep track of upcoming events with our Earnings Calendar.
S32 stock is 3.13% volatile and has beta coefficient of 1.03. Check out the list of the most volatile stocks — is SOUTH32 LIMITED there?
One year price forecast for SOUTH32 LIMITED has a max estimate of 4.74 AUD and a min estimate of 2.66 AUD.
S32 earnings for the last quarter are 0.12 AUD whereas the estimation was 0.12 AUD which accounts for −3.57% surprise. Estimated earnings for the next quarter are 0.02 AUD. See more details about SOUTH32 LIMITED earnings.
SOUTH32 LIMITED revenue for the last quarter amounts to 5.61 B AUD despite the estimated figure of 6.17 B AUD. In the next quarter revenue is expected to reach 5.01 B AUD.
Yes, you can track SOUTH32 LIMITED financials in yearly and quarterly reports right on TradingView.
S32 stock has fallen by 3.77% compared to the previous week, the month change is a 4.75% rise, over the last year SOUTH32 LIMITED has showed a 28.20% decrease.
S32 net income for the last quarter is 81.23 M AUD, while the quarter before that showed −1.27 B AUD of net income which accounts for 106.40% change. Track more SOUTH32 LIMITED financial stats to get the full picture.
Today SOUTH32 LIMITED has the market capitalization of 14.66 B, it has increased by 4.23% over the last week.
Like other stocks, S32 shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SOUTH32 LIMITED stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 9.62 K employees. See our rating of the largest employees — is SOUTH32 LIMITED on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SOUTH32 LIMITED technincal analysis shows the buy rating today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SOUTH32 LIMITED stock shows the sell signal. See more of SOUTH32 LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on SOUTH32 LIMITED future price: according to them, S32 price has a max estimate of 4.74 AUD and a min estimate of 2.66 AUD. Read a more detailed SOUTH32 LIMITED forecast: see what analysts think of SOUTH32 LIMITED and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SOUTH32 LIMITED EBITDA is 1.75 B AUD, and current EBITDA margin is 25.68%. See more stats in SOUTH32 LIMITED financial statements.