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WT PHYSICAL SWISS GOLD (SGBS.MI) Stock Technical Analysis

BIT:SGBS - Euronext Milan - JE00B588CD74 - ETF - Currency: EUR

278.66  -2.28 (-0.81%)

Technical Rating and Analysis

10

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

Warning: SGBS has an average volume of 2304 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SGBS did better than 82% of all other stocks. On top of that, SGBS also shows a nice and consistent pattern of rising prices.
SGBS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SGBS is performing more or less in line with the market.
In the last month SGBS has a been trading in the 268.00 - 286.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SGBS is part of the Capital Markets industry. There are 114 other stocks in this industry, SGBS did better than 69% of them.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
WT PHYSICAL SWISS GOLD / SGBS Weekly stock chart
WT PHYSICAL SWISS GOLD / SGBS Daily stock chart
Setup Rating and Analysis

8

SGBS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 283.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 277.58, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

176.46

289.51

We found 4 important support areas.

  • A support zone ranging from 273.04 to 277.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @268.03 from a trend line in the daily time frame.
  • Support @255.75 from a horizontal line in the daily time frame.
  • Support @178.24 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 283.92 to 286.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for SGBS.MI is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for SGBS.MI is up.
ChartMill Relative Strength82.84POSITIVESGBS.MI has a high relative strength, it outperformed 82.84% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of SGBS.MI is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of SGBS.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of SGBS.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)51.63NEUTRALThe RSI value for SGBS.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.16NEGATIVEThe MACD value suggests SGBS.MI has a negative trend.
Stochastics (14,3)71.07NEUTRALThe Stochastics value for SGBS.MI is a neutral value.
Average True Range in percent/ATR (20)1.51LOW VOLATILITYThe low ATR as a percentage value for SGBS.MI suggests low volalility.
Average Directional Index/ADX (14)11.23NEGATIVEThe low ADX value for SGBS.MI suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
284.02273.0310.99 (3.87%)25.00%
An entry @284.02. This is a Buy Stop order right above the 10 day high.An exit @273.03. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 10.99 points, which is 3.87%.For a 0.97% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WT PHYSICAL SWISS GOLD / SGBS Daily stock chart

WT PHYSICAL SWISS GOLD

BIT:SGBS (5/27/2025, 9:18:41 AM)

278.66

-2.28 (-0.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.81%
1 Week-0.02%
2 Weeks0.1%
1 Month0.98%
3 Month6.3%
6 Month14.33%
12 Month32.97%
2 Year58.04%
3 Year68.73%
5 Year85.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.97
ATR(20)%1.51%
ATR Inc-35.42%
Range Today0
ADR(20)2.19
ADR(20)%0.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.84
Mansfield1.28
10 Day High284.01
10 Day Low268
20 Day High286.95
20 Day Low268
52 Week High289.86
52 Week Low204.5
CS1 End277.58
CR1 Start283.92
Volume & EV
DER(3)0%
DER(5)0%
Volume25
Volume Incr-45.41%
Vol(5)534.4
Vol(50)2.30K