Overall SGD gets a technical rating of 0 out of 10. SGD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of SGD is bad and it also does not present a quality setup 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.
0.25
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 | DOWN | NEGATIVE | The short term trend for SGD is down. |
| ChartMill Relative Strength | 0.82 | NEGATIVE | SGD has a low relative strength, it was outperformed by 99.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGD is below a declining 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) | 26.51 | OVERSOLD | The low RSI value suggests SGD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SGD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.31 | OVERSOLD | The low Stochastics value suggests SGD may be oversold. |
| Average True Range in percent/ATR (20) | 51.44 | HIGH VOLATILITY | The high ATR as a percentage value for SGD suggests high volalility. |
| Average Directional Index/ADX (14) | 30.43 | POSITIVE | The high ADX value value for SGD suggests a strong trend. |
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+0.07 (+42.26%)
ChartMill assigns a technical rating of 0 / 10 to SGD.
The current trend direction for SAFE & GREEN DEVELOPMENT COR (SGD) is Bearish.
SAFE & GREEN DEVELOPMENT COR (SGD) has an RSI value of 26.5056. This indicates that the stock is currently oversold.
The short term momentum for SAFE & GREEN DEVELOPMENT COR (SGD) is negative.