SOGEFI (SGF.MI) Stock Technical Analysis
Europe - BIT:SGF - IT0000076536 - Common Stock
Overall SGF gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SGF is showing a nice and steady performance.
Besides having an excellent technical rating, SGF also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.65, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SGF in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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.
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2.49
When analyzing the support we notice one important area.
- A support zone ranging from 2.52 to 2.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.69 to 2.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for SGF.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGF.MI is up. |
| ChartMill Relative Strength | 87.14 | POSITIVE | SGF.MI has a high relative strength, it outperformed 87.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGF.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGF.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGF.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.61 | NEUTRAL | The RSI value for SGF.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SGF.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.96 | NEUTRAL | The Stochastics value for SGF.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for SGF.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.33 | NEUTRAL | The ADX value for SGF.MI suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.74 | 2.55 | 0.19 (7.10%) | 14.08% |
| An entry @2.74. This is a Buy Stop order right above the 10 day high. | An exit @2.55. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.19 points, which is 7.10%. | For a 1.00% total portfolio risk, you can invest 14.08% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:SGF (9/12/2025, 7:00:00 PM)
2.68
+0.01 (+0.37%)