STRONG GLOBAL ENTERTAINMEN-A (SGE) Stock Technical Analysis
NYSEARCA:SGE - NYSE Arca - CA86335G1090 - Common Stock - Currency: USD
Taking everything into account, SGE scores 3 out of 10 in our technical rating. In the past year, SGE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, SGE is a bad performer in the overall market: 85% of all stocks are doing better.
SGE is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 69% are performing better than SGE.
SGE 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.
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 SGE has a been trading in the 1.33 - 1.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SGE does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SGE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.26
1.83
3 important support areas can be observed.
- A support zone ranging from 1.48 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.33 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.27 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @1.57 from a trend line in the weekly time frame.
- Resistance @1.61 from a trend line in the daily time frame.
- A resistance zone ranging from 1.67 to 1.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.81 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.48
Mansfield-1
10 Day High1.68
10 Day Low1.33
20 Day High1.68
20 Day Low1.33
52 Week High3.25
52 Week Low1.02
Performance
1 Week3.33%
2 Weeks10.56%
1 Month-2.52%
3 Month0.65%
6 Month5.44%
12 Month-29.55%
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)0.01
RSI(14)53.69
LBB1.34
UBB1.63
NYSEARCA:SGE (9/27/2024, 8:19:41 PM)
1.55
-0.04 (-2.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-2.52%
1 Week3.33%
2 Weeks10.56%
1 Month-2.52%
3 Month0.65%
6 Month5.44%
12 Month-29.55%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%8.08%
ATR Inc31.21%
Range Today0.05
ADR(20)0.12
ADR(20)%7.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.48
Mansfield-1
10 Day High1.68
10 Day Low1.33
20 Day High1.68
20 Day Low1.33
52 Week High3.25
52 Week Low1.02
CS1 End1.51
CR1 Start1.57
Volume & EV
DER(3)4.53%
DER(5)9.39%
Volume5.40K
Volume Incr-62.48%
Vol(5)22.72K
Vol(50)64.90K