SANGOMA TECHNOLOGIES CORP (SANG) Stock Technical Analysis
NASDAQ:SANG - Nasdaq - CA80100R4089 - Common Stock - Currency: USD
Taking everything into account, SANG scores 4 out of 10 in our technical rating. SANG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month SANG has a been trading in the 5.37 - 6.11 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: SANG has an average volume of 5962 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, SANG outperforms 69% of them, which is more or less in line with the market.
SANG is part of the Communications Equipment industry. There are 49 other stocks in this industry, SANG did better than 50% of them.
SANG 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 SANG is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, SANG does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
4.26
6.10
When analyzing the support we can see 3 important areas.
- Support @5.39 from a horizontal line in the daily time frame.
- Support @4.46 from a trend line in the weekly time frame.
- Support @4.30 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.88 to 5.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.04 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for SANG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SANG is neutral. |
| ChartMill Relative Strength | 69.29 | NEUTRAL | SANG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SANG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SANG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SANG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.74 | NEUTRAL | The RSI value for SANG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests SANG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.93 | OVERSOLD | The low Stochastics value suggests SANG may be oversold. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for SANG suggests some volalility. |
| Average Directional Index/ADX (14) | 27.45 | POSITIVE | The high ADX value value for SANG suggests a strong trend. |
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)
NASDAQ:SANG (5/23/2025, 8:54:30 PM)
5.595
+0.09 (+1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.73%
1 Week-1.32%
2 Weeks-5.17%
1 Month-2.86%
3 Month-3.78%
6 Month-10.05%
12 Month10.79%
2 Year63.6%
3 Year-39.9%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%3.65%
ATR Inc6.29%
Range Today0.22
ADR(20)0.16
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.29
Mansfield-0.33
10 Day High6.11
10 Day Low5.37
20 Day High6.11
20 Day Low5.37
52 Week High7.99
52 Week Low4.08
CS1 End5.39
CR1 Start5.88
Volume & EV
DER(3)-8.05%
DER(5)-5.57%
Volume6.10K
Volume Incr134.86%
Vol(5)8.96K
Vol(50)5.96K