SCCO Seasonality Chart

Southern Copper Corporation (SCCO) - Seasonal Performance Overview

Southern Copper Corporation (SCCO) exhibits notable seasonal trends that investors can leverage for strategic decision-making. Historically, SCCO tends to demonstrate strong bullish momentum during specific periods of the year, particularly in February, late March to April, July, October to mid-November, and December. Conversely, the stock often experiences bearish tendencies in mid-May and August.

The bullish phase in February, occurring during late winter, often aligns with the company's annual financial results and updates on production targets, which tend to boost investor confidence. As the year progresses into late March and April, the arrival of spring heralds a period of renewed optimism, with the company frequently benefiting from positive developments in the mining sector and increasing demand for copper. This springtime surge is usually bolstered by strategic announcements or favorable market conditions.

July, deep into summer, is another critical period for SCCO, where bullish trends are evident. This phase is typically driven by second-quarter earnings reports, which often reflect strong performance in the mining industry as global demand for copper peaks during the summer construction season.

The stock's strong performance continues into the autumn, with October to mid-November marking another bullish phase. This period, in the heart of fall, is often associated with strategic planning for the upcoming year and investor anticipation of year-end results, driving the stock higher. December, early winter, also sees bullish activity as the market reacts positively to final-year performance evaluations and optimistic projections for the next fiscal year.

On the bearish side, SCCO tends to underperform in mid-May, late spring, and August, during the height of summer. The mid-May downturn often follows the initial enthusiasm of the year, as investors become more cautious ahead of the company's mid-year reports. August's weaker performance might be attributed to market adjustments and a seasonal slowdown in industrial activity, leading to reduced demand for copper.

In summary, Southern Copper Corporation generally performs well in February, late March to April, July, October to mid-November, and December. However, investors should be aware of potential bearish periods in mid-May and August, which could pose challenges to the stock's performance.

SCCO Seasonality Chart