SAGIMET BIOSCIENCES INC-A (SGMT)

US7867001049 - Common Stock

5.28  -0.05 (-0.94%)

Technical Rating and Analysis

9

Taking everything into account, SGMT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SGMT is showing a nice and steady performance.

SGMT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SGMT is lagging the market.
Both the short term and long term trends are positive. This is a very positive sign.
SGMT is part of the Biotechnology industry. There are 564 other stocks in this industry. SGMT outperforms 82% of them.
SGMT has an average volume of 1685620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SGMT is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month SGMT has a been trading in the 3.68 - 6.31 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.
Weekly and Daily overview Charts
SGMT Weekly chart
SGMT Daily chart
Setup Rating and Analysis

3

Although SGMT has an excellent technical rating, it does not offer a high 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

2.55

6.06

2 important support areas can be observed.

  • A support zone ranging from 5.14 to 5.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @2.58 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 5.58 to 5.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 5.93 to 6.00. This zone is formed by a combination of multiple trend lines 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
CRS93.29
Mansfield0.27
10 Day High6.31
10 Day Low4.92
20 Day High6.31
20 Day Low3.68
52 Week High20.71
52 Week Low2.13
Performance
1 Week-4.65%
2 Weeks-1.48%
1 Month30.32%
3 Month73.62%
6 Month23.38%
12 Month30.64%
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)-0.08
RSI(14)58.38
LBB5.02
UBB6.02
SGMT Daily chart

SAGIMET BIOSCIENCES INC-A

NASDAQ:SGMT (11/4/2024, 9:35:59 AM)

5.28

-0.05 (-0.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.94%
1 Week-4.65%
2 Weeks-1.48%
1 Month30.32%
3 Month73.62%
6 Month23.38%
12 Month30.64%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.54
ATR(20)%9.85%
ATR Inc
Range Today0.04
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 High6.31
10 Day Low4.92
20 Day High6.31
20 Day Low3.68
52 Week High20.71
52 Week Low2.13
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume13.76K
Volume Incr-78.49%
Vol(5)755.80K
Vol(50)1.69M