SIGNIFY HEALTH INC -CLASS A (SGFY) Stock Technical Analysis
NYSE:SGFY - New York Stock Exchange, Inc. - US82671G1004 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to SGFY. 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 95% of 103 stocks in the same industry.
SGFY is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
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.
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
27.31
30.79
We found 3 important support areas.
- 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.
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. |
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)
30.49
+0.02 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.07%
1 Week4.31%
2 Weeks5.25%
1 Month5.9%
3 Month6.39%
6 Month4.6%
12 Month64.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%0.96%
ATR Inc259.53%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.32
Mansfield2.78
10 Day High30.5
10 Day Low28.7
20 Day High30.5
20 Day Low28.25
52 Week High30.5
52 Week Low10.7
CS1 End30.31
CR1 StartN/A
Volume & EV
DER(3)-2.13%
DER(5)-2.69%
Volume9.63M
Volume Incr540.44%
Vol(5)10.56M
Vol(50)2.65M