SANGOMA TECHNOLOGIES CORP (SANG) Stock Technical Analysis
NASDAQ:SANG - Nasdaq - CA80100R4089 - Common Stock - Currency: USD
Taking everything into account, SANG scores 8 out of 10 in our technical rating. SANG has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: SANG has an average volume of 5350 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 positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SANG is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
SANG is part of the Communications Equipment industry. There are 50 other stocks in this industry, SANG did better than 55% of them.
SANG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SANG is lagging the market.
In the last month SANG has a been trading in the 5.37 - 6.00 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.
SANG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.79, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SANG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.26
6.11
When analyzing the support we can see 4 important areas.
- A support zone ranging from 5.59 to 5.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.38 to 5.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.56 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 5.86 to 5.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.04 to 6.05. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for SANG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SANG is up. |
| ChartMill Relative Strength | 83.08 | POSITIVE | SANG has a high relative strength, it outperformed 83.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SANG is above the rising 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) | 56.74 | NEUTRAL | The RSI value for SANG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SANG has a positive trend. |
| Stochastics (14,3) | 68.06 | NEUTRAL | The Stochastics value for SANG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for SANG suggests some volalility. |
| Average Directional Index/ADX (14) | 17.31 | NEGATIVE | The low ADX value for SANG suggests a weak or negative 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.92 | 5.58 | 0.34 (5.74%) | 17.41% |
| An entry @5.92. This is a Buy Stop order right above the resistance zone. | An exit @5.58. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.34 points, which is 5.74%. | When investing 17.41% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SANG. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:SANG (6/16/2025, 8:07:05 PM)
5.84
+0.1 (+1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.74%
1 Week2.82%
2 Weeks6.57%
1 Month2.82%
3 Month22.95%
6 Month-16.87%
12 Month11.09%
2 Year57.84%
3 Year-30.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%4.13%
ATR Inc-47.51%
Range Today0.17
ADR(20)0.22
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.08
Mansfield-0.26
10 Day High5.92
10 Day Low5.42
20 Day High6
20 Day Low5.37
52 Week High7.99
52 Week Low4.08
CS1 End5.79
CR1 Start5.86
Volume & EV
DER(3)1.9%
DER(5)17.65%
Volume200
Volume Incr-80.84%
Vol(5)1.58K
Vol(50)5.35K