Taking everything into account, SGB scores 0 out of 10 in our technical rating. SGB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of SGB is bad and it also does not present a 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.
18.76
We can see 3 important resistance areas.
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 SGB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGB is down. |
| ChartMill Relative Strength | 35.76 | NEUTRAL | SGB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SGB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.32 | NEUTRAL | The RSI value for SGB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests SGB has a positive trend. |
| Stochastics (14,3) | 46.85 | NEUTRAL | The Stochastics value for SGB is a neutral value. |
| Average True Range in percent/ATR (20) | 7.51 | HIGH VOLATILITY | The high ATR as a percentage value for SGB suggests high volalility. |
Southwest Georgia Financial Corp
NYSEARCA:SGB (4/2/2020, 8:04:01 PM)
18.95
+0.22 (+1.19%)
ChartMill assigns a technical rating of 0 / 10 to SGB.
The current trend direction for Southwest Georgia Financial Corp (SGB) is Bearish.
Southwest Georgia Financial Corp (SGB) has an RSI value of 35.3164. This indicates that the stock is currently neutral.
The short term momentum for Southwest Georgia Financial Corp (SGB) is negative.
The buy/sell signal for Southwest Georgia Financial Corp (SGB) is sell as both the short term and long term trends are negative.