We assign a technical rating of 1 out of 10 to SGMO. SGMO'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 technical rating of SGMO 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.
More info and screens
0.42
We found 2 important support areas.
- Support @0.43 from a trend line in the weekly time frame.
- Support @0.42 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @0.49 from a trend line in the daily time frame.
- Resistance @0.50 from a horizontal line in the weekly time frame.
- Resistance @0.65 from a trend line in the daily time frame.
- Resistance @0.75 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SGMO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGMO is down. |
| ChartMill Relative Strength | 4.84 | NEGATIVE | SGMO has a low relative strength, it was outperformed by 95.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SGMO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGMO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SGMO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.37 | NEUTRAL | The RSI value for SGMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SGMO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 22.72 | NEUTRAL | The Stochastics value for SGMO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.91 | HIGH VOLATILITY | The high ATR as a percentage value for SGMO suggests high volalility. |
| Average Directional Index/ADX (14) | 15.71 | NEGATIVE | The low ADX value for SGMO suggests a weak or negative trend. |
0.441
+0 (+0.23%)
SANGAMO THERAPEUTICS INC / SGMO FAQ
What is the ChartMill technical rating of SANGAMO THERAPEUTICS INC (SGMO) stock?
ChartMill assigns a technical rating of 1 / 10 to SGMO.
Can you provide the trend direction for SANGAMO THERAPEUTICS INC?
The current trend direction for SANGAMO THERAPEUTICS INC (SGMO) is Bearish.
Can you provide the RSI signal for SANGAMO THERAPEUTICS INC?
SANGAMO THERAPEUTICS INC (SGMO) has an RSI value of 42.3653. This indicates that the stock is currently neutral.
What is the MACD signal for SGMO stock?
The MACD indicator for SANGAMO THERAPEUTICS INC (SGMO) has a value of 0.0025086, indicating a bearish trend.
What is the buy/sell signal for SGMO stock?
The buy/sell signal for SANGAMO THERAPEUTICS INC (SGMO) is sell as both the short term and long term trends are negative.