SMART GLOBAL HOLDINGS INC (SGH)

KYG8232Y1017 - Common Stock

20.85  +0.09 (+0.43%)

After market: 21 +0.15 (+0.72%)

Technical Rating and Analysis

4

Overall SGH gets a technical rating of 4 out of 10. In the past year, SGH was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

SGH is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 70% of 108 stocks in the same industry.
In the last month SGH has a been trading in the 19.06 - 21.51 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that SGH is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
SGH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SGH is lagging the market slightly.
Weekly and Daily overview Charts
SGH Weekly chart
SGH Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, SGH does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.76, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

17.61

29.30

3 important support areas can be observed.

  • A support zone ranging from 20.30 to 20.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @18.39 from a trend line in the weekly time frame.
  • A support zone ranging from 17.79 to 18.03. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 21.30 to 21.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @29.01 from a horizontal 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
CRS73.56
Mansfield-1.01
10 Day High21.42
10 Day Low19.85
20 Day High21.51
20 Day Low19.06
52 Week High29.81
52 Week Low13.14
Performance
1 Week0.14%
2 Weeks-0.48%
1 Month8.03%
3 Month-12.62%
6 Month23.23%
12 Month54.56%
2 Year54.1%
3 Year-22%
5 Year40.4%
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)55.35
LBB19.85
UBB21.42
SGH Daily chart

SMART GLOBAL HOLDINGS INC

NASDAQ:SGH (10/14/2024, 8:00:02 PM)

After market: 21 +0.15 (+0.72%)

20.85

+0.09 (+0.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.43%
1 Week0.14%
2 Weeks-0.48%
1 Month8.03%
3 Month-12.62%
6 Month23.23%
12 Month54.56%
2 Year54.1%
3 Year-22%
5 Year40.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%3.9%
ATR Inc1.92%
Range Today0.72
ADR(20)0.73
ADR(20)%3.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.56
Mansfield-1.01
10 Day High21.42
10 Day Low19.85
20 Day High21.51
20 Day Low19.06
52 Week High29.81
52 Week Low13.14
CS1 End20.76
CR1 Start21.3
Volume & EV
DER(3)-0.67%
DER(5)-2.44%
Volume666.40K
Volume Incr-39.92%
Vol(5)565.40K
Vol(50)859.99K