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SWEETGREEN INC - CLASS A (SG) Stock Technical Analysis

NYSE:SG - New York Stock Exchange, Inc. - US87043Q1085 - Common Stock - Currency: USD

32.9  +0.24 (+0.73%)

After market: 32.76 -0.14 (-0.43%)

Technical Rating and Analysis

4

Taking everything into account, SG scores 4 out of 10 in our technical rating. Although SG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

SG is part of the Hotels, Restaurants & Leisure industry. There are 134 other stocks in this industry. SG outperforms 94% of them.
SG has an average volume of 2515740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, SG did better than 95% of all other stocks. On top of that, SG also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 10 months ago.
SG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SG is lagging the market.
In the last month SG has a been trading in the 28.28 - 35.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SWEETGREEN INC - CLASS A / SG Weekly stock chart
SWEETGREEN INC - CLASS A / SG Daily stock chart
Setup Rating and Analysis

5

Although the technical rating is only medium, SG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 33.50. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

28.84

34.37

We found 2 important support areas.

  • Support @32.87 from a trend line in the daily time frame.
  • A support zone ranging from 29.13 to 30.03. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 33.50 to 34.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.9
Mansfield0.04
10 Day High35.16
10 Day Low28.28
20 Day High35.95
20 Day Low28.28
52 Week High45.12
52 Week Low10.93
Performance
1 Week3.52%
2 Weeks7.87%
1 Month-0.72%
3 Month-17.11%
6 Month-6.03%
12 Month172.13%
2 Year277.29%
3 Year29.89%
5 Year188.6%
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)0.39
RSI(14)50.1
LBB28.8
UBB35.07
SWEETGREEN INC - CLASS A / SG Daily stock chart

SWEETGREEN INC - CLASS A

NYSE:SG (2/4/2025, 8:07:20 PM)

After market: 32.76 -0.14 (-0.43%)

32.9

+0.24 (+0.73%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.73%
1 Week3.52%
2 Weeks7.87%
1 Month-0.72%
3 Month-17.11%
6 Month-6.03%
12 Month172.13%
2 Year277.29%
3 Year29.89%
5 Year188.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.87
ATR(20)%6.02%
ATR Inc-3.09%
Range Today0.97
ADR(20)1.89
ADR(20)%5.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.9
Mansfield0.04
10 Day High35.16
10 Day Low28.28
20 Day High35.95
20 Day Low28.28
52 Week High45.12
52 Week Low10.93
CS1 End32.87
CR1 Start33.5
Volume & EV
DER(3)-1.77%
DER(5)-0.5%
Volume1.25M
Volume Incr-15.36%
Vol(5)2.20M
Vol(50)2.52M