SUPER GROUP SGHC LTD (SGHC) Stock Technical Analysis
NYSE:SGHC - GG00BMG42V42 - Common Stock
11.63 USD
-0.32 (-2.68%)
11.86 USD
+0.23 (+1.98%)
We assign a technical rating of 10 out of 10 to SGHC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SGHC is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that SGHC is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by SGHC over the past year are nicely spread over this period.
SGHC is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry. SGHC outperforms 100% of them.
SGHC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SGHC has a been trading in the 9.64 - 12.37 range, which is quite wide. It is currently trading near the high of this range.
SGHC has an average volume of 1784150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
SGHC has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
6.62
11.75
5 important support areas can be observed.
- A support zone ranging from 11.20 to 11.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.66 to 10.77. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @10.37 from a horizontal line in the daily time frame.
- Support @7.82 from a trend line in the weekly time frame.
- A support zone ranging from 6.69 to 6.69. 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 SGHC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SGHC is neutral. |
| ChartMill Relative Strength | 97.77 | POSITIVE | SGHC has a high relative strength, it outperformed 97.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGHC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.6 | NEUTRAL | The RSI value for SGHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SGHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.76 | NEUTRAL | The Stochastics value for SGHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for SGHC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.13 | NEUTRAL | The ADX value for SGHC 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)
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 |
|---|---|---|---|
| 11.82 | 11.19 | 0.63 (5.29%) | 18.90% |
| An entry @11.81. This is a Buy Stop order right above the 10 day moving average. | An exit @11.19. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.63 points, which is 5.29%. | For a 1.00% total portfolio risk, you can invest 18.90% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SGHC. Please evaluate whether better entry and exit points can be found.
- 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.
11.63
-0.32 (-2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-2.68%
1 Week-4.28%
2 Weeks0.52%
1 Month9%
3 Month33.07%
6 Month54.86%
12 Month237.1%
2 Year207.67%
3 Year180.92%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%3.78%
ATR Inc9.86%
Range Today0.59
ADR(20)0.43
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.77
Mansfield4.31
10 Day High12.37
10 Day Low11.18
20 Day High12.37
20 Day Low9.64
52 Week High12.37
52 Week Low3.29
CS1 End11.21
CR1 StartN/A
Volume & EV
DER(3)-6.02%
DER(5)-2.44%
Volume3.02M
Volume Incr45.42%
Vol(5)2.52M
Vol(50)1.78M