SAFE & GREEN DEVELOPMENT COR (SGD) Stock Technical Analysis
NASDAQ:SGD - Nasdaq - US78637J2042 - Common Stock - Currency: USD
Taking everything into account, SGD scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. SGD was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SGD is a bad performer in the overall market: 92% of all stocks are doing better.
SGD is one of the lesser performing stocks in the Real Estate Management & Development industry. 81% of 65 stocks in the same industry do better.
SGD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SGD is lagging the market.
In the last month SGD has a been trading in the 0.65 - 1.40 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of SGD is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.23
1.38
When analyzing the resistance we notice one important area.
- Resistance @1.37 from a horizontal 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 | 8.03 | NEGATIVE | SGD has a low relative strength, it was outperformed by 91.97% 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) | 65 | NEUTRAL | The RSI value for SGD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SGD has a positive trend. |
| Stochastics (14,3) | 54.87 | NEUTRAL | The Stochastics value for SGD is a neutral value. |
| Average True Range in percent/ATR (20) | 10.88 | HIGH VOLATILITY | The high ATR as a percentage value for SGD suggests high volalility. |
| Average Directional Index/ADX (14) | 27.48 | 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)
1.24
+0.35 (+38.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg38.58%
1 Week51.68%
2 Weeks38.78%
1 Month11.12%
3 Month9.37%
6 Month-43.27%
12 Month-87.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%10.88%
ATR Inc186.01%
Range Today0.45
ADR(20)0.13
ADR(20)%10.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.03
Mansfield-6.3
10 Day High1.4
10 Day Low0.75
20 Day High1.4
20 Day Low0.65
52 Week High11.43
52 Week Low0.65
CS1 EndN/A
CR1 Start1.37
Volume & EV
DER(3)-1.49%
DER(5)4.28%
Volume14.69M
Volume Incr6747.09%
Vol(5)2.98M
Vol(50)338.31K