SUPER GROUP SGHC LTD (SGHC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SGHC - GG00BMG42V42 - Common Stock
11.64 USD
-0.31 (-2.59%)
11.64 USD
0 (0%)
Taking everything into account, SGHC scores 6 out of 10 in our technical rating. In the last year, SGHC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
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!
SGHC is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry. SGHC outperforms 96% of them.
SGHC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SGHC is lagging the market slightly.
In the last month SGHC has a been trading in the 10.77 - 12.24 range, which is quite wide. It is currently trading near the high of this range.
SGHC has an average volume of 2520420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SGHC is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, SGHC also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 7 months ago.
Considerably lower volume is observed in the last couple of days.
SGHC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
9.30
12.21
We found 4 important support areas.
- A support zone ranging from 11.51 to 11.64. 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 10.55 to 10.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.38 from a horizontal line in the daily time frame.
- Support @9.39 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.66 to 12.09. 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 SGHC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SGHC is neutral. |
| ChartMill Relative Strength | 91.23 | POSITIVE | SGHC has a high relative strength, it outperformed 91.23% 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) | DOWN | NEGATIVE | The current price of SGHC is below a declining 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) | 48.17 | 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) | 64.07 | NEUTRAL | The Stochastics value for SGHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for SGHC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.23 | NEGATIVE | The low ADX value for SGHC suggests a weak or negative 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 |
|---|---|---|---|
| 12.10 | 11.50 | 0.60 (4.96%) | 20.17% |
| An entry @12.10. This is a Buy Stop order right above the resistance zone. | An exit @11.50. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.60 points, which is 4.96%. | When investing 20.17% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
11.64
-0.31 (-2.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-2.59%
1 Week-1.85%
2 Weeks2.19%
1 Month6.89%
3 Month-17.39%
6 Month2.19%
12 Month87.74%
2 Year271.89%
3 Year247.46%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%3.71%
ATR Inc19.02%
Range Today0.7
ADR(20)0.42
ADR(20)%3.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.23
3 months CRS17.98
6 months CRS49.98
Mansfield0.73
10 Day High12.24
10 Day Low11.5
20 Day High12.24
20 Day Low10.77
52 Week High14.38
52 Week Low5.45
CS1 End11.64
CR1 Start11.66
Volume & EV
DER(3)1.81%
DER(5)0.63%
Volume1.85M
Volume Incr-34.41%
Vol(5)1.54M
Vol(50)2.52M
SUPER GROUP SGHC LTD / SGHC FAQ
What is the ChartMill technical rating of SUPER GROUP SGHC LTD (SGHC) stock?
ChartMill assigns a technical rating of 6 / 10 to SGHC.
Can you provide the trend direction for SUPER GROUP SGHC LTD?
The current trend direction for SUPER GROUP SGHC LTD (SGHC) is Bullish.
What is the RSI signal for SGHC stock?
SUPER GROUP SGHC LTD (SGHC) has an RSI value of 48.1706. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for SUPER GROUP SGHC LTD?
SUPER GROUP SGHC LTD (SGHC) has a support level at 11.64 and a resistance level at 11.66. Check the full technical report for our detailed analysis of SGHC support and resistance levels.