SCANA CORP NEW (SCG) Stock Technical Analysis
NYSE:SCG - New York Stock Exchange, Inc. - US80589M1027
We assign a technical rating of 9 out of 10 to SCG. Both in the recent history as in the last year, SCG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
SCG 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 SCG is performing more or less in line with the market.
SCG has an average volume of 2288740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SCG did better than 92% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month SCG has a been trading in the 45.74 - 51.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, SCG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
34.96
51.50
When analyzing the support we can see 3 important areas.
- A support zone ranging from 47.14 to 47.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.85 from a trend line in the daily time frame.
- Support @35.31 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 48.15 to 48.67. 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 50.20 to 50.99. 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
CRS92.8
Mansfield3.12
10 Day High51.16
10 Day Low46.54
20 Day High51.27
20 Day Low45.74
52 Week High51.27
52 Week Low33.61
Performance
1 Week-4.08%
2 Weeks-6.28%
1 Month3.62%
3 Month23.3%
6 Month17.6%
12 Month6.13%
2 YearN/A
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)-0.34
RSI(14)53.74
LBB46.52
UBB50.71
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 |
|---|---|---|---|
| 48.68 | 47.13 | 1.55 (3.18%) | 25.00% |
| An entry @48.68. This is a Buy Stop order right above the resistance zone. | An exit @47.13. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.55 points, which is 3.18%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- The distance between exit and entry is rather small compared to the average daily movement of SCG. 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.
47.78
-1.11 (-2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.27%
1 Week-4.08%
2 Weeks-6.28%
1 Month3.62%
3 Month23.3%
6 Month17.6%
12 Month6.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.62
ATR(20)%3.29%
ATR Inc-18.74%
Range Today1.88
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.8
Mansfield3.12
10 Day High51.16
10 Day Low46.54
20 Day High51.27
20 Day Low45.74
52 Week High51.27
52 Week Low33.61
CS1 End47.77
CR1 Start48.15
Volume & EV
DER(3)2.08%
DER(5)-0.07%
Volume17.83M
Volume Incr122.13%
Vol(5)5.33M
Vol(50)2.29M