SAGIMET BIOSCIENCES INC-A (SGMT)
US7867001049 - Common Stock
We assign a technical rating of 3 out of 10 to SGMT. Recently some decent action could be observed, but in the medium term time frame this is still negative. SGMT was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SGMT is a bad performer in the overall market: 93% of all stocks are doing better.
SGMT is one of the lesser performing stocks in the Biotechnology industry. 72% of 573 stocks in the same industry do better.
SGMT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SGMT has a been trading in the 2.52 - 3.94 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
3.54
5.07
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.71 to 3.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.09 from a trend line in the daily time frame.
- Resistance @5.02 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.64
Mansfield-3.44
10 Day High3.94
10 Day Low2.52
20 Day High3.94
20 Day Low2.52
52 Week High20.71
52 Week Low2.13
Performance
1 Week47.62%
2 Weeks20.78%
1 Month34.78%
3 Month-10.14%
6 Month-7.92%
12 Month-68.79%
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)0.1
RSI(14)60.9
LBB2.41
UBB3.87
SAGIMET BIOSCIENCES INC-A
NASDAQ:SGMT (9/16/2024, 3:03:47 PM)
3.575
-0.15 (-3.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.9%
1 Week47.62%
2 Weeks20.78%
1 Month34.78%
3 Month-10.14%
6 Month-7.92%
12 Month-68.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.36
ATR(20)%8.55%
ATR Inc
Range Today0.4
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 High3.94
10 Day Low2.52
20 Day High3.94
20 Day Low2.52
52 Week High20.71
52 Week Low2.13
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume214.52K
Volume Incr422.3%
Vol(5)1.09M
Vol(50)352.17K