SWEETGREEN INC - CLASS A (SG)

US87043Q1085 - Common Stock

31.75  -0.03 (-0.09%)

After market: 31.9998 +0.25 (+0.79%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to SG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SG is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SG did better than 99% of all other stocks.
SG is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. SG outperforms 99% of them.
SG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SG is lagging the market slightly.
SG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
SG has an average volume of 2788760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
SG Weekly chart
SG Daily chart
Setup Rating and Analysis

3

Although SG has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

21.95

32.07

When analyzing the support we can see 2 important areas.

  • Support @22.69 from a trend line in the weekly time frame.
  • Support @22.17 from a trend line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.18
Mansfield9.56
10 Day High34.45
10 Day Low22.32
20 Day High34.45
20 Day Low18.77
52 Week High34.45
52 Week Low8.64
Performance
1 Week0.6%
2 Weeks43.67%
1 Month53.75%
3 Month157.71%
6 Month222.66%
12 Month234.92%
2 Year73.69%
3 Year174.65%
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)0.93
RSI(14)73.4
LBB16.8
UBB36.04
SG Daily chart

SWEETGREEN INC - CLASS A

NYSE:SG (5/17/2024, 7:25:57 PM)

After market: 31.9998 +0.25 (+0.79%)

31.75

-0.03 (-0.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.09%
1 Week0.6%
2 Weeks43.67%
1 Month53.75%
3 Month157.71%
6 Month222.66%
12 Month234.92%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.3
ATR(20)%6.57%
ATR Inc
Range Today0.88
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High34.45
10 Day Low22.32
20 Day High34.45
20 Day Low18.77
52 Week High34.45
52 Week Low8.64
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.26M
Volume Incr11.01%
Vol(5)3.62M
Vol(50)2.79M