SWEETGREEN INC - CLASS A (SG) Stock Technical Analysis
NYSE:SG - New York Stock Exchange, Inc. - US87043Q1085 - Common Stock - Currency: USD
Overall SG gets a technical rating of 0 out of 10. SG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
69% of all other stocks performed better in the past year than SG.
SG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month SG has a been trading in the 20.06 - 30.98 range, which is quite wide. It is currently trading near the lows of this range.
SG has an average volume of 3546190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SG is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry, SG did better than 47% of them.
Volume is considerably higher in the last couple of days.
SG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 23.95. Right above this resistance zone may be a good entry point.
More info and screens
21.26
33.97
When analyzing the support we can see 2 important areas.
- Support @21.83 from a horizontal line in the weekly time frame.
- Support @21.47 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 23.95 to 24.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.58 from a trend line in the daily time frame.
- Resistance @33.63 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.57
Mansfield-2.47
10 Day High25.2
10 Day Low20.06
20 Day High30.98
20 Day Low20.06
52 Week High45.12
52 Week Low18.77
Performance
1 Week5.18%
2 Weeks9.67%
1 Month-22.07%
3 Month-43.05%
6 Month-14.1%
12 Month27.61%
2 Year205.36%
3 Year-25.16%
5 Year108.17%
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)0.29
RSI(14)41.81
LBB21.22
UBB24.62
23.94
+0.4 (+1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.7%
1 Week5.18%
2 Weeks9.67%
1 Month-22.07%
3 Month-43.05%
6 Month-14.1%
12 Month27.61%
2 Year205.36%
3 Year-25.16%
5 Year108.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.13
ATR(20)%8.28%
ATR Inc32.61%
Range Today2.3
ADR(20)1.94
ADR(20)%8.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.57
Mansfield-2.47
10 Day High25.2
10 Day Low20.06
20 Day High30.98
20 Day Low20.06
52 Week High45.12
52 Week Low18.77
CS1 End21.83
CR1 Start23.95
Volume & EV
DER(3)-0.61%
DER(5)-0.18%
Volume5.91M
Volume Incr25.85%
Vol(5)5.47M
Vol(50)3.55M