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Is SQM positioned for a breakdown? New Downtrend shows up after sliding 2.79%

Sociedad Quimica y Minera S.A. (SQM) — Nightly Technical Analysis · Jul 28, 2026, 20:09 ET
SQM posted a 2.79% loss on Tuesday, July 28th, accompanied by 1.3× normal trading volume. Multiple bearish signals emerged — New Downtrend and MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 65.69, 64.51 & 63.36, with resistance at 68.02, 69.17 & 70.35.

Current SwingTradeBot Technical Rating of SQM: D

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Sociedad Quimica y Minera S.A. (SQM)