SAFE & GREEN DEVELOPMENT COR (SGD) Stock Technical Analysis
USA - NASDAQ:SGD - US78637J2042 - Common Stock
1.27 USD
-0.06 (-4.51%)
1.21 USD
-0.06 (-4.72%)
Taking everything into account, SGD scores 4 out of 10 in our technical rating. In the past year, SGD 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, SGD is a bad performer in the overall market: 90% of all stocks are doing better.
SGD is one of the lesser performing stocks in the Real Estate Management & Development industry. 85% of 63 stocks in the same industry do better.
SGD 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.
SGD has an average volume of 3396190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SGD has a been trading in the 0.85 - 1.80 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.
SGD has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
0.74
1.80
We found 4 important support areas.
- Support @1.09 from a trend line in the daily time frame.
- Support @1.01 from a horizontal line in the daily time frame.
- Support @0.80 from a trend line in the daily time frame.
- Support @0.75 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @1.36 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.39 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.78 from a trend line in the daily 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 SGD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SGD is neutral. |
| ChartMill Relative Strength | 10.5 | NEGATIVE | SGD has a low relative strength, it was outperformed by 89.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SGD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.8 | NEUTRAL | The RSI value for SGD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SGD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.77 | NEUTRAL | The Stochastics value for SGD is a neutral value. |
| Average True Range in percent/ATR (20) | 10.35 | HIGH VOLATILITY | The high ATR as a percentage value for SGD suggests high volalility. |
| Average Directional Index/ADX (14) | 25.38 | POSITIVE | The high ADX value value for SGD suggests a strong trend. |
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)
1.27
-0.06 (-4.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-4.51%
1 Week-3.79%
2 Weeks19.81%
1 Month3.25%
3 Month34.29%
6 Month-6.66%
12 Month-72.22%
2 Year-95.2%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%10.35%
ATR Inc-17.42%
Range Today0.17
ADR(20)0.12
ADR(20)%9.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.5
Mansfield-3.1
10 Day High1.8
10 Day Low1.02
20 Day High1.8
20 Day Low0.85
52 Week High6.25
52 Week Low0.65
CS1 End1.09
CR1 Start1.36
Volume & EV
DER(3)-11.26%
DER(5)-8.57%
Volume120.50K
Volume Incr-92.93%
Vol(5)94.40K
Vol(50)3.40M