- SCCO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $55.7 million.
- SCCO has traded 1.4 million shares today.
- SCCO is trading at 3.07 times the normal volume for the stock at this time of day.
- SCCO crossed below its 200-day simple moving average.
'Roof Leaker' stocks are worth watching because trading stocks that begin to experience a breakdown can lead to potentially massive losses. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock may then be subject to emotional selling from investors that can continue to drive the stock lower. Regardless of the impetus behind the price and volume action, when a stock moves with weakness and volume it can indicate the start of a new, potentially dangerous, trend. EXCLUSIVE OFFER: Get the inside scoop on opportunities in SCCO with the Ticky from Trade-Ideas. See the FREE profile for SCCO NOW at Trade-Ideas More details on SCCO: Southern Copper Corporation is engaged in the mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Chile, and Ecuador. The stock currently has a dividend yield of 1.5%. SCCO has a PE ratio of 19.3. Currently there are 4 analysts that rate Southern Copper a buy, 1 analyst rates it a sell, and 3 rate it a hold.