SMART GLOBAL HOLDINGS INC (SGH)

KYG8232Y1017 - Common Stock

20.24  +0.39 (+1.96%)

After market: 20.24 0 (0%)

Technical Rating and Analysis

1

Overall SGH gets a technical rating of 1 out of 10. SGH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, SGH is a bad performer in the overall market: 67% of all stocks are doing better.
In the last month SGH has a been trading in the 16.90 - 20.29 range, which is quite wide. It is currently trading near the high of this range.
SGH has an average volume of 1183990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SGH is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 50% of 107 stocks in the same industry.
SGH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SGH is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
SGH Weekly chart
SGH Daily chart
Setup Rating and Analysis

6

SGH has a poor technical rating and the quality of the setup is also not perfect 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

12.75

26.10

3 important support areas can be observed.

  • Support @18.02 from a horizontal line in the daily time frame.
  • A support zone ranging from 17.49 to 17.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @12.88 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 20.25 to 20.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @25.84 from a trend line in the weekly 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
CRS33.77
Mansfield-1.79
10 Day High20.29
10 Day Low18.32
20 Day High20.29
20 Day Low16.9
52 Week High29.99
52 Week Low12.66
Performance
1 Week6.75%
2 Weeks8.64%
1 Month19.62%
3 Month-1.56%
6 Month21.93%
12 Month1.56%
2 Year-17.89%
3 Year-14.6%
5 Year137.7%
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)0.38
RSI(14)55.43
LBB17.7
UBB20.26
SGH Daily chart

SMART GLOBAL HOLDINGS INC

NASDAQ:SGH (5/17/2024, 7:26:00 PM)

After market: 20.24 0 (0%)

20.24

+0.39 (+1.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.96%
1 Week6.75%
2 Weeks8.64%
1 Month19.62%
3 Month-1.56%
6 Month21.93%
12 Month1.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.66
ATR(20)%3.43%
ATR Inc
Range Today0.76
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High20.29
10 Day Low18.32
20 Day High20.29
20 Day Low16.9
52 Week High29.99
52 Week Low12.66
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.06M
Volume Incr-11.89%
Vol(5)816.24K
Vol(50)1.18M