SIGMA ADDITIVE SOLUTIONS INC (SASI) Stock Technical Analysis
NASDAQ:SASI - Nasdaq - US8265986096 - Common Stock - Currency: USD
Taking everything into account, SASI scores 6 out of 10 in our technical rating. SASI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, SASI is a bad performer in the overall market: 79% of all stocks are doing better.
SASI is part of the Software industry. There are 283 other stocks in this industry, of which 62% are performing better than SASI.
SASI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month SASI has a been trading in the 2.51 - 4.34 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SASI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.76
4.59
We found 1 important support area.
- Support @2.79 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.51 to 4.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.8
Mansfield-3.23
10 Day High4.34
10 Day Low2.51
20 Day High4.34
20 Day Low2.51
52 Week High11
52 Week Low2.39
Performance
1 Week45.62%
2 Weeks36.33%
1 Month27.3%
3 Month36.96%
6 Month16.97%
12 Month-56.77%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.16
RSI(14)71.85
LBB2.25
UBB4.11
4.15
-0.02 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.48%
1 Week45.62%
2 Weeks36.33%
1 Month27.3%
3 Month36.96%
6 Month16.97%
12 Month-56.77%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%7.09%
ATR Inc71.65%
Range Today0.44
ADR(20)0.28
ADR(20)%6.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.8
Mansfield-3.23
10 Day High4.34
10 Day Low2.51
20 Day High4.34
20 Day Low2.51
52 Week High11
52 Week Low2.39
CS1 End2.79
CR1 Start4.51
Volume & EV
DER(3)22.4%
DER(5)13.9%
Volume32.50K
Volume Incr744.16%
Vol(5)118.90K
Vol(50)374.15K