We assign a technical rating of 3 out of 10 to SGC. In the past year, SGC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, SGC is a bad performer in the overall market: 85% of all stocks are doing better.
- SGC is part of the Textiles, Apparel & Luxury Goods industry. There are 45 other stocks in this industry, of which 68% are performing better than SGC.
- SGC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SGC has a been trading in the 9.18 - 10.41 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Considerably lower volume is observed in the last couple of days.
SGC has a bad technical rating, but it does show a decent setup pattern. 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 10.21. Right above this resistance zone may be a good entry point.
More info and screens
9.36
3 important support areas can be observed.
- A support zone ranging from 9.85 to 9.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.63 to 9.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.45 to 9.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.21 to 10.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.54 from a trend line in the weekly time frame.
- Resistance @11.09 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for SGC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGC is up. |
| ChartMill Relative Strength | 15.67 | NEGATIVE | SGC has a low relative strength, it was outperformed by 84.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGC is above the rising 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) | DOWN | NEGATIVE | The current price of SGC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.65 | NEUTRAL | The RSI value for SGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SGC has a positive trend. |
| Stochastics (14,3) | 86.76 | OVERBOUGHT | The high Stochastics value suggests SGC may be overbought. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for SGC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.73 | NEGATIVE | The low ADX value for SGC suggests a weak or negative trend. |
10.2
-0.02 (-0.2%)
SUPERIOR GROUP OF COS INC / SGC FAQ
What is the ChartMill technical rating of SUPERIOR GROUP OF COS INC (SGC) stock?
ChartMill assigns a technical rating of 3 / 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.
What is the RSI signal for SUPERIOR GROUP OF COS INC (SGC) stock?
SUPERIOR GROUP OF COS INC (SGC) has an RSI value of 58.6544. This indicates that the stock is currently neutral.
What is the short term momentum for SGC stock?
The short term momentum for SUPERIOR GROUP OF COS INC (SGC) is positive.
What are the support and resistance levels for SUPERIOR GROUP OF COS INC (SGC) stock?
SUPERIOR GROUP OF COS INC (SGC) has a support level at 9.96 and a resistance level at 10.21. Check the full technical report for our detailed analysis of SGC support and resistance levels.