SAGIMET BIOSCIENCES INC-A (SGMT) Stock Technical Analysis
NASDAQ:SGMT - Nasdaq - US7867001049 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SGMT. SGMT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
89% of all other stocks performed better in the past year than SGMT.
In the last month SGMT has a been trading in the 3.95 - 5.22 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
SGMT has an average volume of 1060830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
SGMT is part of the Biotechnology industry. There are 571 other stocks in this industry, SGMT did better than 46% of them.
SGMT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SGMT is lagging the market.
Considerably lower volume is observed in the last couple of days.
SGMT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
2.55
4.74
When analyzing the support we can see 3 important areas.
- Support @4.11 from a horizontal line in the weekly time frame.
- Support @4.02 from a horizontal line in the daily time frame.
- Support @2.58 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @4.22 from a trend line in the daily time frame.
- A resistance zone ranging from 4.52 to 4.58. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 4.67 to 4.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.7
Mansfield-1.14
10 Day High4.83
10 Day Low3.95
20 Day High5.22
20 Day Low3.95
52 Week High7.64
52 Week Low2.39
Performance
1 Week-6.36%
2 Weeks-12.53%
1 Month-0.72%
3 Month-13.45%
6 Month40.14%
12 Month-37.76%
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)-0.04
RSI(14)43.11
LBB3.81
UBB5.19
4.12
+0.09 (+2.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.36%
1 Week-6.36%
2 Weeks-12.53%
1 Month-0.72%
3 Month-13.45%
6 Month40.14%
12 Month-37.76%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%10.05%
ATR Inc-49.08%
Range Today0.19
ADR(20)0.41
ADR(20)%9.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.7
Mansfield-1.14
10 Day High4.83
10 Day Low3.95
20 Day High5.22
20 Day Low3.95
52 Week High7.64
52 Week Low2.39
CS1 End4.11
CR1 Start4.22
Volume & EV
DER(3)0.54%
DER(5)-3.71%
Volume661.60K
Volume Incr-30.81%
Vol(5)640.34K
Vol(50)1.06M