SIGNIFY HEALTH INC -CLASS A (SGFY) Technical Analysis
NYSE:SGFY • US82671G1004
Current stock price
SGFY Technical Rating and Analysis
Overall SGFY gets a technical rating of 7 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, SGFY is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- SGFY is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 96% of 100 stocks in the same industry.
- A new 52 week high is currently being made by SGFY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month SGFY has a been trading in the 28.25 - 30.50 range, which is quite wide. It is currently trading near the high of this range.
- SGFY has an average volume of 2652910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, SGFY did better than 96% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Volume is considerably higher in the last couple of days.
SGFY Weekly and Daily overview Charts
SGFY Setup Rating and Analysis
Although SGFY has an excellent technical rating, it does not offer a high 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
SGFY Support and Resistance Analysis
27.31
3 important support areas can be observed.
- Support @30.31 from a horizontal line in the weekly time frame.
- A support zone ranging from 28.24 to 29.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.59 from a horizontal line in the daily time frame.
SGFY Technical Indicator Signal Analysis
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 SGFY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SGFY is neutral. |
| ChartMill Relative Strength | 96.32 | POSITIVE | SGFY has a high relative strength, it outperformed 96.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGFY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGFY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGFY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.75 | OVERBOUGHT | The high RSI value suggests SGFY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests SGFY has a positive trend. |
| Stochastics (14,3) | 84.74 | OVERBOUGHT | The high Stochastics value suggests SGFY may be overbought. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for SGFY suggests low volalility. |
| Average Directional Index/ADX (14) | 21.82 | NEUTRAL | The ADX value for SGFY suggests a possible start of a new trend. |
SGFY Chart- and CandleStick Pattern Analysis
SGFY Technicals: Chart, Performance Metrics, Trend & Indicators
30.49
+0.02 (+0.07%)
SIGNIFY HEALTH INC -CLASS A / SGFY TA FAQ
Can you provide the ChartMill technical rating for SIGNIFY HEALTH INC -CLASS A?
ChartMill assigns a technical rating of 6 / 10 to SGFY.
Can you provide the trend direction for SIGNIFY HEALTH INC -CLASS A?
The current trend direction for SIGNIFY HEALTH INC -CLASS A (SGFY) is Bullish.
What is the RSI signal for SIGNIFY HEALTH INC -CLASS A (SGFY) stock?
SIGNIFY HEALTH INC -CLASS A (SGFY) has an RSI value of 76.7546. This indicates that the stock is currently overbought.
What is the short term momentum for SIGNIFY HEALTH INC -CLASS A (SGFY) stock?
The short term momentum for SIGNIFY HEALTH INC -CLASS A (SGFY) is neutral.
What are the support and resistance levels for SIGNIFY HEALTH INC -CLASS A (SGFY) stock?
SIGNIFY HEALTH INC -CLASS A (SGFY) has a support level at 30.31. Check the full technical report for our detailed analysis of SGFY support and resistance levels.