NYSEARCA:SEG - NYSE Arca - US8122152007 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to SEG. Recently some decent action could be observed, but in the medium term time frame this is still negative. SEG was also a bad performer in the overall market in the last year.
SEG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.67. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
17.43
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
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 SEG is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SEG is up. |
ChartMill Relative Strength | 0 | NEGATIVE | SEG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SEG is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SEG is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SEG is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 60.02 | NEUTRAL | The RSI value for SEG is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests SEG has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 89.12 | OVERBOUGHT | The high Stochastics value suggests SEG may be overbought. |
Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for SEG suggests some volalility. |
Average Directional Index/ADX (14) | 22.89 | NEUTRAL | The ADX value for SEG suggests a possible start of a new trend. |
20.66
+0.08 (+0.39%)