SANGOMA TECHNOLOGIES CORP (SANG)
CA80100R4089 - Common Stock
Taking everything into account, SANG scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month SANG has a been trading in the 4.30 - 4.98 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.
Warning: SANG has an average volume of 6820 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
SANG is part of the Communications Equipment industry. There are 54 other stocks in this industry. SANG outperforms 92% of them.
SANG 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 SANG is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that SANG is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
SANG 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.
More info and screens
2.97
5.01
We found 3 important support areas.
- A support zone ranging from 4.29 to 4.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.15 from a trend line in the daily time frame.
- Support @3.00 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.54 to 4.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.89 to 4.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.36
Mansfield0.61
10 Day High4.98
10 Day Low4.3
20 Day High4.98
20 Day Low4.3
52 Week High4.98
52 Week Low2.18
Performance
1 Week-7.13%
2 Weeks-12.6%
1 Month-10.6%
3 Month59.2%
6 Month50.88%
12 Month21.13%
2 Year-63.09%
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)39.04
LBB4.22
UBB5.15
SANGOMA TECHNOLOGIES CORP
NASDAQ:SANG (4/26/2024, 7:14:58 PM)
4.3
-0.08 (-1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-1.94%
1 Week-7.13%
2 Weeks-12.6%
1 Month-10.6%
3 Month59.2%
6 Month50.88%
12 Month21.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%3.22%
ATR Inc
Range Today0
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 High4.98
10 Day Low4.3
20 Day High4.98
20 Day Low4.3
52 Week High4.98
52 Week Low2.18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume500
Volume Incr-90.06%
Vol(5)760
Vol(50)6.82K