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SIM

Grupo Simec, S.A.B. de C.V.

Grupo Simec, S.A.B. de C.V. (SIM) is currently in a range/mixed trend, above the 200-day MA but below the 50-day MA. RSI is at 34.3, with 2/3 trend checks passing.

Price
$28.90
2026-07-16
Trend score
2/3
Range / Mixed
RSI (14)
34.3
Neutral
Price above MA50Price above MA200MA50 above MA200
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Chart View

SIM with MA50 and MA200

34.3532.0129.6827.3425.0007/3110/2401/2204/1707/15
SIM2025-07-312026-07-15
PriceMA50MA200
Technical Indicators

Key levels & signals

MA50
$29.93-0.31% vs price
MA200
$29.67+0.57% vs price
RSI (14)
34.3Neutral zone
MACD Signal
MixedMACD near signal line
Macro Support
$25.00–$26.2312.1% below price · 6 touches
Support Quality
6 touches1.5× zone volume
Chart Summary
Trend summary for SIM

Grupo Simec, S.A.B. de C.V. (SIM) looks more range-bound than strongly trending, but there are still a few supportive signs on the chart. The latest available price is $28.90, and 2 of 3 core trend checks are currently passing. Price is trading below the 50-day moving average by 0.3% and above the 200-day moving average by 0.6%.

Momentum and stretch context

SIM currently has an RSI reading of 34.3, which leans a little softer than neutral. That does not automatically make the chart bearish, but it does suggest momentum is not especially strong right now.

What traders may watch next

This page is designed to help you quickly understand what the SIM chart looks like before opening the full dashboard. The aim is not to tell you what to buy or sell, but to make it easier to judge whether the stock is trending cleanly, becoming stretched, or simply moving in a more awkward range.

Company profile

About Grupo Simec, S.A.B. de C.V.

Grupo Simec, S.A.B. de C.V. is a Mexican enterprise primarily engaged in the fabrication, refinement, and sale of high-quality bar steel (SBQ) and various steel alloy commodities. Its market reach extends throughout Mexico, the United States, Brazil, Canada, and wider Latin America, supported by a substantial international distribution network. The company's comprehensive product lineup features items such as I-beams, channels, both structural and commercial angles, hot-rolled and cold-finished bars, flat bars, rebars, electro-welded wire mesh and panels, and wire rods. Additionally, they provide semi-finished goods, including tube rounds and other industrial intermediate products. Simec's SBQ steel is essential for a range of specialized engineering applications, such as components like axles, hubs, and crankshafts in automobiles and light trucks, as well as in manufacturing machine tools and heavy-duty off-road machinery. Meanwhile, their structural steel plays a critical role in non-residential building developments and diverse construction projects. The firm actively exports its steel products to nations across Central and South America, and into European markets. Established in 1934, Grupo Simec's corporate headquarters are situated in Guadalajara, Mexico, and it operates as a subsidiary of Industrias CH, S.A.B. de C.V.

Sector
Basic Materials
Industry
Steel
CEO
Sergio Vigil González
Employees
4,872
Market cap
$4.79B
Beta
0.13
52-week range
$25.00 – $34.59
Dividend
No
Exchange
AMEX
Country
MX
IPO date
1 Jul 1993
ISIN
US4004911065
CUSIP
400491106
Company profile data from Financial Modeling Prep. SIM listed on AMEX.
Share dilution

SIM shares outstanding over time

Tracking total shares outstanding is one way to spot dilution — a rising line means the company has issued more shares (stock-based compensation, secondary offerings, convertible debt), which spreads the same earnings and ownership across more shares. A falling line usually reflects buybacks.

Jun 2019Mar 2026
Shares outstanding (latest)
153.4M
Since Jun 2019
-7.3%
Trend
Fewer shares outstanding (buybacks)
Historical shares-outstanding data from Financial Modeling Prep. SIM28 data points from Jun 2019 to Mar 2026.
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FAQ

Common questions about SIM

Is this page a buy or sell recommendation?

No. This page is designed to help you review chart structure, momentum and technical context more quickly, but it is not personal financial advice.

Why can a stock look bullish and overbought at the same time?

Strong trending stocks can still become stretched in the short term. That is why trend traders and dip buyers can read the same chart differently.

What should I do next after reading this page?

Open the full dashboard, review the chart in more detail, compare indicators, and decide whether the setup still makes sense within your own process.