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 2 out of 10 in our technical rating. SGC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 64% of all other stocks performed better in the past year than SGC.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- SGC is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 56% 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 9.73 - 10.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
SGC Weekly and Daily overview Charts
SGC Setup Rating and Analysis
SGC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.93, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
SGC Support and Resistance Analysis
9.45
When analyzing the support we can see 2 important areas.
- 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 2 important areas.
- A resistance zone ranging from 9.98 to 10.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for SGC is neutral. |
| ChartMill Relative Strength | 36.65 | NEUTRAL | SGC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SGC is below 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) | 46.76 | NEUTRAL | The RSI value for SGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SGC has a negative trend. |
| Stochastics (14,3) | 28.17 | NEUTRAL | The Stochastics value for SGC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for SGC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.86 | 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
9.97
-0.26 (-2.54%)
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 2 / 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 46.7635. 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 neutral.
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 9.93 and a resistance level at 9.98. Check the full technical report for our detailed analysis of SGC support and resistance levels.