SIGILON THERAPEUTICS INC (SGTX)

US82657L2060 - Common Stock

22.47  -0.59 (-2.56%)

After market: 23 +0.53 (+2.36%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to SGTX. Both in the recent history as in the last year, SGTX has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
SGTX is one of the better performing stocks in the Biotechnology industry, it outperforms 99% of 568 stocks in the same industry.
SGTX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SGTX is performing more or less in line with the market.
Looking at the yearly performance, SGTX did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month SGTX has a been trading in the 20.61 - 23.79 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
SGTX Weekly chart
SGTX Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, SGTX also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 21.18, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

20.71

23.29

We found 1 important support area.

  • A support zone ranging from 20.92 to 21.18. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • Resistance @22.51 from a horizontal line in the weekly time frame.
  • Resistance @23.06 from a horizontal line 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
CRS99.58
Mansfield11.71
10 Day High23.79
10 Day Low20.61
20 Day High23.79
20 Day Low20.61
52 Week High28
52 Week Low3.77
Performance
1 Week4.27%
2 Weeks5.25%
1 Month4.95%
3 Month258.23%
6 Month161.89%
12 Month136.78%
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)-0.32
RSI(14)71.27
LBB20.18
UBB23.27
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
22.5220.911.61 (7.15%)13.99%
An entry @22.52. This is a Buy Stop order right above the resistance zone.An exit @20.91. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.61 points, which is 7.15%.For a 1.00% total portfolio risk, you can invest 13.99% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SGTX Daily chart

SIGILON THERAPEUTICS INC

NASDAQ:SGTX (8/10/2023, 8:02:09 PM)

After market: 23 +0.53 (+2.36%)

22.47

-0.59 (-2.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.56%
1 Week4.27%
2 Weeks5.25%
1 Month4.95%
3 Month258.23%
6 Month161.89%
12 Month136.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%3.81%
ATR Inc7.24%
Range Today1.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.58
Mansfield11.71
10 Day High23.79
10 Day Low20.61
20 Day High23.79
20 Day Low20.61
52 Week High28
52 Week Low3.77
CS1 End21.18
CR1 Start22.51
Volume & EV
DER(3)-2.22%
DER(5)-1.89%
Volume83.60K
Volume Incr32.46%
Vol(5)53.34K
Vol(50)145.88K