One of today's notable stocks in decline is Southern Copper (NYSE:SCCO), down 2.7% to $28.70. The S&P is trading lower by 0.5% to 1,196 and the Dow is trading 0.4% lower to 11,369. In the past 52 weeks, Southern Copper share prices have been bracketed by a low of $27.29 and a high of $50.35 and are now at $28.70, 5% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.6%. Southern Copper Corporation conducts mining operations in Peru and Mexico. The Company owns and operates open pit mines and metallurgical complexes that produce copper, molybdenum, zinc, and precious metals. A 37.5% potential upside exists for Southern Copper, based on a current level of $28.90 and analysts' average consensus price target of $39.73. Southern Copper shares should first meet resistance at the 50-day moving average (MA) of $32.49 and find additional resistance at the 200-day MA of $38.10.

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