SAGTEC GLOBAL LTD-A (SAGT) Technical Analysis
NASDAQ:SAGT • VGG7779D1087
Current stock price
SAGT Technical Rating and Analysis
Taking everything into account, SAGT scores 1 out of 10 in our technical rating. SAGT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 91% of all other stocks performed better in the past year than SAGT.
- SAGT is part of the Software industry. There are 272 other stocks in this industry, of which 64% are performing better than SAGT.
- SAGT 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 SAGT has a been trading in the 1.61 - 2.89 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.
- Considerably lower volume is observed in the last couple of days.
SAGT Weekly and Daily overview Charts
SAGT Setup Rating and Analysis
Although the technical rating is bad, SAGT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.71, a Stop Loss order could be placed below this zone.
More info and screens
SAGT Support and Resistance Analysis
1.69
When analyzing the support we notice one important area.
- A support zone ranging from 1.71 to 1.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.98 to 2.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.20 from a trend line in the daily time frame.
- Resistance @2.33 from a trend line in the weekly time frame.
SAGT Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SAGT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SAGT is down. |
| ChartMill Relative Strength | 9.12 | NEGATIVE | SAGT has a low relative strength, it was outperformed by 90.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SAGT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SAGT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SAGT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.26 | NEUTRAL | The RSI value for SAGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SAGT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.48 | OVERSOLD | The low Stochastics value suggests SAGT may be oversold. |
| Average True Range in percent/ATR (20) | 14.5 | HIGH VOLATILITY | The high ATR as a percentage value for SAGT suggests high volalility. |
| Average Directional Index/ADX (14) | 19.75 | NEGATIVE | The low ADX value for SAGT suggests a weak or negative trend. |
SAGT Chart- and CandleStick Pattern Analysis
SAGT Technicals: Chart, Performance Metrics, Trend & Indicators
1.78
+0.06 (+3.49%)
SAGTEC GLOBAL LTD-A / SAGT TA FAQ
What is the technical rating for SAGT stock?
ChartMill assigns a technical rating of 1 / 10 to SAGT.
Can you provide the trend direction for SAGTEC GLOBAL LTD-A?
The current trend direction for SAGTEC GLOBAL LTD-A (SAGT) is Bearish.
What is the RSI signal for SAGT stock?
SAGTEC GLOBAL LTD-A (SAGT) has an RSI value of 40.2646. This indicates that the stock is currently neutral.
What is the MACD signal for SAGTEC GLOBAL LTD-A (SAGT) stock?
The MACD indicator for SAGTEC GLOBAL LTD-A (SAGT) has a value of -0.0481857, indicating a bearish trend.
Can you provide the support and resistance levels for SAGTEC GLOBAL LTD-A?
SAGTEC GLOBAL LTD-A (SAGT) has a support level at 1.71 and a resistance level at 1.98. Check the full technical report for our detailed analysis of SAGT support and resistance levels.