SESG Technical Analysis - SES

Technical Rating and Analysis

Overall SESG gets a technical rating of 8 out of 10. Both in the recent history as in the last year, SESG 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.

SESG is part of the Media industry. There are 62 other stocks in this industry. SESG outperforms 83% of them.

SESG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month SESG has a been trading in the 5.64 - 6.38 range, which is quite wide. It is currently trading near the high of this range.

When comparing the yearly performance of all stocks, we notice that SESG is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although SESG has an excellent technical rating, it 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

5.58

6.48

When analyzing the support we can see 4 important areas.

Support @6.25 from a horizontal line in the weekly time frame.
A support zone ranging from 5.95 to 6.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 5.79 to 5.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @5.64 from a horizontal line in the daily time frame.

We found 1 important resistance area.

A resistance zone ranging from 6.28 to 6.42. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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 SESG.PA is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for SESG.PA is up.
ChartMill Relative Strength	82.65	POSITIVE	SESG.PA has a high relative strength, it outperformed 82.65% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of SESG.PA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of SESG.PA is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of SESG.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)	62.75	NEUTRAL	The RSI value for SESG.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.06	POSITIVE	The MACD value suggests SESG.PA has a positive trend.
Stochastics (14,3)	86.49	OVERBOUGHT	The high Stochastics value suggests SESG.PA may be overbought.
Average True Range in percent/ATR (20)	2.59	MEDIUM VOLATILITY	The ATR as a percentage value for SESG.PA suggests some volalility.
Average Directional Index/ADX (14)	19.4	NEGATIVE	The low ADX value for SESG.PA suggests a weak or negative trend.