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SAFE & GREEN DEVELOPMENT COR (SGD) Stock Technical Analysis

NASDAQ:SGD - Nasdaq - US78637J2042 - Common Stock

1.7799  +0.05 (+2.88%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to SGD. SGD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than SGD.
SGD is one of the lesser performing stocks in the Real Estate Management & Development industry. 90% of 65 stocks in the same industry do better.
SGD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SGD has a been trading in the 1.72 - 3.03 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
SAFE & GREEN DEVELOPMENT COR / SGD Weekly stock chart
SAFE & GREEN DEVELOPMENT COR / SGD Daily stock chart
Setup Rating and Analysis

3

The technical rating of SGD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

1.70

2.61

When analyzing the support we notice one important area.

  • A support zone ranging from 1.72 to 1.74. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • Resistance @2.58 from a trend line in the daily time frame.
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
CRS1.58
Mansfield-8.17
10 Day High3.03
10 Day Low1.72
20 Day High3.03
20 Day Low1.72
52 Week High53.8
52 Week Low1.45
Performance
1 Week-26.07%
2 Weeks-37.32%
1 Month-22.42%
3 Month-45.25%
6 Month-72.1%
12 Month-90.99%
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)-0.07
RSI(14)34.05
LBB1.7
UBB3
SAFE & GREEN DEVELOPMENT COR / SGD Daily stock chart

SAFE & GREEN DEVELOPMENT COR

NASDAQ:SGD (1/22/2025, 11:39:47 AM)

1.7799

+0.05 (+2.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg2.88%
1 Week-26.07%
2 Weeks-37.32%
1 Month-22.42%
3 Month-45.25%
6 Month-72.1%
12 Month-90.99%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%18.53%
ATR Inc-37.09%
Range Today0.18
ADR(20)0.31
ADR(20)%17.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.58
Mansfield-8.17
10 Day High3.03
10 Day Low1.72
20 Day High3.03
20 Day Low1.72
52 Week High53.8
52 Week Low1.45
CS1 EndN/A
CR1 Start2.58
Volume & EV
DER(3)-4.57%
DER(5)0.81%
Volume61.84K
Volume Incr3722.95%
Vol(5)2.30M
Vol(50)336.89K