SAGIMET BIOSCIENCES INC-A (SGMT)

US7867001049 - Common Stock

5.9  -0.04 (-0.67%)

Technical Rating and Analysis

7

Taking everything into account, SGMT scores 7 out of 10 in our technical rating. In the last year, SGMT was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

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.
SGMT is one of the better performing stocks in the Biotechnology industry, it outperforms 89% of 568 stocks in the same industry.
In the last month SGMT has a been trading in the 4.19 - 6.44 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 long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, SGMT did better than 92% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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 present a decent entry opportunity 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

6.01

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 5.93 to 5.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS92.7
Mansfield0.85
10 Day High6.44
10 Day Low4.36
20 Day High6.44
20 Day Low4.19
52 Week High20.71
52 Week Low2.39
Performance
1 Week21.47%
2 Weeks11.86%
1 Month36.24%
3 Month89.17%
6 Month51.15%
12 Month7.61%
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)0.06
RSI(14)60.98
LBB4.24
UBB6.07
SGMT Daily chart

SAGIMET BIOSCIENCES INC-A

NASDAQ:SGMT (12/18/2024, 1:34:41 PM)

5.9

-0.04 (-0.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.67%
1 Week21.47%
2 Weeks11.86%
1 Month36.24%
3 Month89.17%
6 Month51.15%
12 Month7.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.51
ATR(20)%7.92%
ATR Inc
Range Today0.65
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 High6.44
10 Day Low4.36
20 Day High6.44
20 Day Low4.19
52 Week High20.71
52 Week Low2.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume430.28K
Volume Incr156.94%
Vol(5)1.46M
Vol(50)780.09K