ABERDEEN SINGAPORE FD INC (SGF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SGF - US0032441000
Taking everything into account, SGF scores 9 out of 10 in our technical rating. 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.
SGF has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 13.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.57, a Stop Loss order could be placed below this zone.
More info and screens
12.11
4 important support areas can be observed.
- A support zone ranging from 13.12 to 13.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.89 from a horizontal line in the weekly time frame.
- Support @12.44 from a horizontal line in the daily time frame.
- Support @12.23 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.72 to 13.78. This zone is formed by a combination of multiple trend lines 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGF is up. |
| ChartMill Relative Strength | 73.58 | POSITIVE | SGF has a high relative strength, it outperformed 73.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.51 | NEUTRAL | The RSI value for SGF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SGF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.41 | NEUTRAL | The Stochastics value for SGF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for SGF suggests low volalility. |
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 |
|---|---|---|---|
| 13.79 | 12.97 | 0.82 (5.95%) | 16.82% |
| An entry @13.79. This is a Buy Stop order right above the resistance zone. | An exit @12.97. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.82 points, which is 5.95%. | For a 1.00% total portfolio risk, you can invest 16.82% 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.
NYSE:SGF (4/27/2018, 8:14:11 PM)
13.59
+0.12 (+0.89%)
ABERDEEN SINGAPORE FD INC / SGF FAQ
What is the technical rating for SGF stock?
ChartMill assigns a technical rating of 9 / 10 to SGF.
What is the current trend direction of ABERDEEN SINGAPORE FD INC (SGF) stock?
The current trend direction for ABERDEEN SINGAPORE FD INC (SGF) is Bullish.
Can you provide the RSI signal for ABERDEEN SINGAPORE FD INC?
ABERDEEN SINGAPORE FD INC (SGF) has an RSI value of 57.5132. This indicates that the stock is currently neutral.
What is the MACD signal for SGF stock?
The MACD indicator for ABERDEEN SINGAPORE FD INC (SGF) has a value of -0.0030647, indicating a bearish trend.
Can you provide the support and resistance levels for ABERDEEN SINGAPORE FD INC?
ABERDEEN SINGAPORE FD INC (SGF) has a support level at 13.57 and a resistance level at 13.72. Check the full technical report for our detailed analysis of SGF support and resistance levels.