Logo image of STC.CA

SANGOMA TECHNOLOGIES CORP (STC.CA) Stock Technical Analysis

TSX:STC - Toronto Stock Exchange - CA80100R4089 - Common Stock - Currency: CAD

8.18  +0.12 (+1.49%)

Technical Rating and Analysis

4

Taking everything into account, STC scores 4 out of 10 in our technical rating. Although STC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month STC has a been trading in the 8.00 - 11.19 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.
When comparing the yearly performance of all stocks, we notice that STC is one of the better performing stocks in the market, outperforming 82% of all stocks. We also observe that the gains produced by STC over the past year are nicely spread over this period.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
STC is part of the Communications Equipment industry. There are 11 other stocks in this industry, STC did better than 70% of them.
STC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so STC is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SANGOMA TECHNOLOGIES CORP / STC Weekly stock chart
SANGOMA TECHNOLOGIES CORP / STC Daily stock chart
Setup Rating and Analysis

3

STC has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

7.97

9.23

We found 1 important support area.

  • A support zone ranging from 8.05 to 8.17. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 8.67 to 8.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 9.14 to 9.14. 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
CRS82.63
Mansfield-0.13
10 Day High9.3
10 Day Low8
20 Day High11.19
20 Day Low8
52 Week High11.5
52 Week Low5.12
Performance
1 Week-8.4%
2 Weeks-10.89%
1 Month-25.23%
3 Month-4.88%
6 Month9.5%
12 Month56.41%
2 Year34.32%
3 Year-48.87%
5 Year-46.88%
10 Year310.03%
15 Year31.3%
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)-0.17
RSI(14)31.31
LBB7.72
UBB10.48
SANGOMA TECHNOLOGIES CORP / STC Daily stock chart

SANGOMA TECHNOLOGIES CORP

TSX:STC (2/21/2025, 7:00:00 PM)

8.18

+0.12 (+1.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.49%
1 Week-8.4%
2 Weeks-10.89%
1 Month-25.23%
3 Month-4.88%
6 Month9.5%
12 Month56.41%
2 Year34.32%
3 Year-48.87%
5 Year-46.88%
10 Year310.03%
15 Year31.3%
Volatility
ATR(14)0.5
ATR(20)%5.99%
ATR Inc-1.05%
Range Today0.58
ADR(20)0.43
ADR(20)%5.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.63
Mansfield-0.13
10 Day High9.3
10 Day Low8
20 Day High11.19
20 Day Low8
52 Week High11.5
52 Week Low5.12
CS1 End8.17
CR1 Start8.67
Volume & EV
DER(3)24.16%
DER(5)14.99%
Volume22.63K
Volume Incr-39.78%
Vol(5)20.69K
Vol(50)33.62K