SQM price prediction this week

**Sociedad Química y Minera de Chile's (SQM) stock price is not likely to experience a significant increase this week.** Here's the analysis to support this conclusion:

1. **Recent Performance**: SQM's stock has experienced a decline, with an 8.14% interval percentage change and a more significant drop of 16.66% over the last five days. This indicates a recent trend of the stock price moving downward.

|Ticker|Name|Interval Percentage Change|Date|code|market_code|
|---|---|---|---|---|---|
|SQM.N|Sociedad Quimica y Minera de Chile|-26.843964263453152|20240305-20240802|SQM|169|
|SQM.N|Sociedad Quimica y Minera de Chile|-8.139838246804064|20240729-20240802|SQM|169|

2. **Short-term Moving Averages**: The 5-day moving average is $37.11, and the 10-day moving average is $37.76. The stock is currently trading below these short-term moving averages, which could suggest a bearish trend.

|Ticker|Name|5-Day Moving Average|10-Day Moving Average|Date|code|market_code|
|---|---|---|---|---|---|---|
|SQM.N|Sociedad Quimica y Minera de Chile|37.1120|37.7610|20240802|SQM|169|

3. **Analyst Ratings and Price Targets**: SQM has a consensus rating of "Hold" with an average price target of $63.78, indicating that analysts do not see a significant upside potential in the short term.
4. **Financial Health**: SQM has a significant three-year median payout ratio of 65%, which suggests that the company is retaining a high percentage of its income, which could impact its growth potential.
5. **Market Conditions**: The broader market conditions for lithium, which is a significant component of SQM's business, have been challenging with oversupply and falling prices. This could further pressure SQM's stock price.
6. **Intrinsic Value**: Despite the current share price, SQM's intrinsic value is potentially 46% above its share price, based on a 2-stage free cash flow to equity analysis.

In conclusion, while SQM's financials show some positive aspects, such as a low payout ratio and potential for high earnings growth, the recent downward trend in the stock price, the bearish short-term moving averages, and the overall market challenges for lithium suggest that the stock is not likely to experience a significant increase this week.