SAGIMET BIOSCIENCES INC-A (SGMT) Stock Technical Analysis
NASDAQ:SGMT - Nasdaq - US7867001049 - Common Stock
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.
When comparing the yearly performance of all stocks, SGMT is a bad performer in the overall market: 95% of all stocks are doing better.
SGMT is part of the Biotechnology industry. There are 572 other stocks in this industry, of which 68% are performing better than SGMT.
SGMT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SGMT has a been trading in the 4.06 - 7.38 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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of SGMT 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
2.55
4.18
When analyzing the support we notice one important area.
- Support @2.58 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.12 to 4.14. This zone is formed by a combination of multiple trend lines 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
CRS5
Mansfield-1.81
10 Day High7.38
10 Day Low4.06
20 Day High7.38
20 Day Low4.06
52 Week High11.76
52 Week Low2.39
Performance
1 Week-9.73%
2 Weeks-16.9%
1 Month-21.33%
3 Month-26.12%
6 Month20.76%
12 Month-61.29%
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)-0.11
RSI(14)41.82
LBB3.39
UBB6.22
SAGIMET BIOSCIENCES INC-A
NASDAQ:SGMT (1/22/2025, 10:48:57 AM)
4.1
-0.03 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.73%
1 Week-9.73%
2 Weeks-16.9%
1 Month-21.33%
3 Month-26.12%
6 Month20.76%
12 Month-61.29%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%13.89%
ATR Inc-39.09%
Range Today0.03
ADR(20)0.55
ADR(20)%13.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5
Mansfield-1.81
10 Day High7.38
10 Day Low4.06
20 Day High7.38
20 Day Low4.06
52 Week High11.76
52 Week Low2.39
CS1 End4.12
CR1 StartN/A
Volume & EV
DER(3)3.51%
DER(5)3.26%
Volume479.44K
Volume Incr-27.64%
Vol(5)1.00M
Vol(50)932.98K