SUPERIOR GROUP OF COS INC (SGC) Technical Analysis
NASDAQ:SGC • US8683581024
Current stock price
SGC Technical Rating and Analysis
Taking everything into account, SGC scores 5 out of 10 in our technical rating. SGC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- When compared to the yearly performance of all other stocks, SGC outperforms 48% of them, which is more or less in line with the market.
- SGC is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 52% of 45 stocks in the same industry.
- SGC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SGC is lagging the market slightly.
- In the last month SGC has a been trading in the 9.76 - 10.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
SGC Weekly and Daily overview Charts
SGC Setup Rating and Analysis
Although the technical rating is only medium, SGC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.30, a Stop Loss order could be placed below this zone.
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SGC Support and Resistance Analysis
9.45
We found 3 important support areas.
- A support zone ranging from 10.11 to 10.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.89 to 9.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @9.55 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.48 to 10.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
SGC 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 | NEUTRAL | NEUTRAL | The long term trend for SGC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGC is up. |
| ChartMill Relative Strength | 48.79 | NEUTRAL | SGC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SGC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SGC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.34 | NEUTRAL | The RSI value for SGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SGC has a positive trend. |
| Stochastics (14,3) | 47.66 | NEUTRAL | The Stochastics value for SGC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for SGC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.58 | NEGATIVE | The low ADX value for SGC suggests a weak or negative trend. |
SGC Chart- and CandleStick Pattern Analysis
SGC Technicals: Chart, Performance Metrics, Trend & Indicators
10.39
+0.1 (+0.97%)
SUPERIOR GROUP OF COS INC / SGC TA FAQ
What is the ChartMill technical rating of SUPERIOR GROUP OF COS INC (SGC) stock?
ChartMill assigns a technical rating of 5 / 10 to SGC.
Can you provide the trend direction for SUPERIOR GROUP OF COS INC?
The current trend direction for SUPERIOR GROUP OF COS INC (SGC) is Bearish.
Can you provide the RSI signal for SUPERIOR GROUP OF COS INC?
SUPERIOR GROUP OF COS INC (SGC) has an RSI value of 55.3437. This indicates that the stock is currently neutral.
What is the MACD signal for SUPERIOR GROUP OF COS INC (SGC) stock?
The MACD indicator for SUPERIOR GROUP OF COS INC (SGC) has a value of 0.0151773, indicating a bearish trend.
What is the short term momentum for SGC stock?
The short term momentum for SUPERIOR GROUP OF COS INC (SGC) is positive.