Seaport Global Acquisition Corp WT (SGAMW) Stock Technical Analysis
USA - NASDAQ:SGAMW -
We assign a technical rating of 7 out of 10 to SGAMW. Although SGAMW is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although SGAMW has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.54
3 important support areas can be observed.
- Support @0.88 from a trend line in the daily time frame.
- A support zone ranging from 0.85 to 0.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.55 from a horizontal line 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 SGAMW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGAMW is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SGAMW 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 SGAMW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGAMW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGAMW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.37 | NEUTRAL | The RSI value for SGAMW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SGAMW has a positive trend. |
| Stochastics (14,3) | 65.99 | NEUTRAL | The Stochastics value for SGAMW is a neutral value. |
| Average True Range in percent/ATR (20) | 9.48 | HIGH VOLATILITY | The high ATR as a percentage value for SGAMW suggests high volalility. |
Seaport Global Acquisition Corp WT
NASDAQ:SGAMW (10/22/2021, 8:24:59 PM)
After market: 1.31 +0.06 (+4.8%)1.25
-0.19 (-13.19%)
Seaport Global Acquisition Corp WT / SGAMW FAQ
What is the technical rating for SGAMW stock?
ChartMill assigns a technical rating of 7 / 10 to SGAMW.
Can you provide the trend direction for Seaport Global Acquisition Corp WT?
The current trend direction for Seaport Global Acquisition Corp WT (SGAMW) is Bullish.
What is the RSI signal for SGAMW stock?
Seaport Global Acquisition Corp WT (SGAMW) has an RSI value of 69.3666. This indicates that the stock is currently neutral.
What is the buy/sell signal for Seaport Global Acquisition Corp WT (SGAMW) stock?
The buy/sell signal for Seaport Global Acquisition Corp WT (SGAMW) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for Seaport Global Acquisition Corp WT?
Seaport Global Acquisition Corp WT (SGAMW) has a support level at 0.88. Check the full technical report for our detailed analysis of SGAMW support and resistance levels.