Why is SCCO Down Today?

SCCO
$198.46
▼ -2.06% ($-4.09)
Last updated: Oct 01, 2026 8:39 PM ET (368 min ago)

About Southern Copper Corporation

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 o...

Sector: METAL MINING
Market Cap: $99.61B
Forward P/E: 22.8
52-Week Range: $119.25 - $223.89
Employees: 16,133

Overall Confidence: 50%

50% Confident

Based on news, social sentiment, options activity, and sector analysis

MOMENTUM 50% Confidence
🎯 SCCO showing strong bearish momentum
SCCO is down 2.1% today on 0.6x average volume. The move appears to be driven by general market sentiment and momentum traders.

✅ Move Confirmation

LOW VOLUME 0.6x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

METAL MINING sector: -1.0%

SCCO is outperforming its sector by -1.1%. This suggests a stock-specific catalyst.

Market Comparison

SCCO is significantly underperforming the market (-2.2% vs SPY)
S&P 500
SPY
+0.18%
Nasdaq 100
QQQ
+0.31%
SCCO
This Stock
-2.06%
vs S&P 500: -2.24%
vs Nasdaq: -2.37%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, SCCO is expected to trade between:
$192.51 - $202.43

Key Level to Watch

$188.54 support
Watch for breakdown below $198.46

🔔 Get SCCO Alerts

We'll notify you when SCCO's trend changes or a new signal fires.

Last updated: Oct 01, 2026 8:39 PM (368 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.21
Put/Call Ratio
74.6%
Implied Volatility
Call Volume: 11,342
Put Volume: 2,405
Total: 13,747
Unusual Activity: $220 CALL (1,083 vol) $220 CALL (1,081 vol) $220 CALL (1,080 vol)

Historical Context

SCCO has moved more than 3.0% down on 35 occasions in the past year.

42.9%
Continuation Rate
15/35 times continued down
+0.67%
Avg Next Day Change
After similar down moves
Last similar move: Sep 10, 2026 (-7.2%) → Next day: -0.3%

Frequently Asked Questions

Why is SCCO stock down today?

SCCO is down 2.1% today on 0.6x average volume. The move appears to be driven by general market sentiment and momentum traders.

Is SCCO stock a buy or sell right now?

Based on current analysis, SCCO shows 50% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the SCCO stock price target?

SCCO is currently trading at $198.46. Based on today's momentum, the expected short-term range is $192.51 - $202.43. See long-term price prediction →

Will SCCO stock continue falling?

Our analysis shows a 45% probability that SCCO's move continues in the next 1-3 days. Key level to watch: $188.54 (support).

Is SCCO stock oversold or overbought?

SCCO's RSI (Relative Strength Index) is currently at 49.6. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for SCCO stock?

SCCO's 10-day momentum indicator is at 3.11. Strong bullish momentum - the stock is gaining significant upward force. This often precedes continued gains.

Is SCCO outperforming or underperforming the market?

SCCO (-2.06%) is currently significantly underperforming the market (-2.2% vs SPY). Today, the S&P 500 (SPY) is up 0.18%, and Nasdaq (QQQ) is up 0.31%.

What does MACD indicate for SCCO?

SCCO's MACD (1.13) is currently above the signal line (1.11), indicating a bullish trend. This technical signal suggests buying pressure is dominant. The trend strength (ADX: 12.7) is weak.

Is SCCO in an uptrend or downtrend?

Based on moving average analysis, SCCO is in a bullish trend. The price ($198.46) is trading above both the 20-day SMA ($199.09) and 50-day SMA ($197.09). This alignment typically indicates sustained upward momentum.

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