SUPER GROUP SGHC LTD (SGHC) Stock Technical Analysis
NYSE:SGHC - New York Stock Exchange, Inc. - GG00BMG42V42 - Common Stock - Currency: USD
Taking everything into account, SGHC scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, SGHC did better than 97% of all other 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 131 other stocks in this industry. SGHC outperforms 99% 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.
SGHC has an average volume of 1504160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SGHC has a been trading in the 9.64 - 11.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SGHC has an excellent technical rating, the quality of the presented setup is not ideal 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
6.52
12.12
We found 4 important support areas.
- Support @10.66 from a horizontal line in the weekly time frame.
- A support zone ranging from 10.37 to 10.47. 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 7.56 to 7.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.59 to 6.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @12.00 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 SGHC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SGHC is neutral. |
| ChartMill Relative Strength | 97.95 | POSITIVE | SGHC has a high relative strength, it outperformed 97.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGHC is below a declining 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) | 47.92 | NEUTRAL | The RSI value for SGHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests SGHC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.55 | NEUTRAL | The Stochastics value for SGHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for SGHC suggests some volalility. |
| Average Directional Index/ADX (14) | 35.09 | POSITIVE | The high ADX value value for SGHC suggests a strong 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 |
|---|---|---|---|
| 11.05 | 10.65 | 0.40 (3.62%) | 25.00% |
| An entry @11.05. This is a Buy Stop order right above the 10 day high. | An exit @10.65. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.40 points, which is 3.62%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.90%. |
- 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.
10.72
+0.34 (+3.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg3.28%
1 Week0.47%
2 Weeks-2.55%
1 Month-6.62%
3 Month29.47%
6 Month28.69%
12 Month253.8%
2 Year183.6%
3 Year158.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%3.68%
ATR Inc131.5%
Range Today0.33
ADR(20)0.38
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.95
Mansfield4.15
10 Day High11.04
10 Day Low9.64
20 Day High11.99
20 Day Low9.64
52 Week High12.18
52 Week Low2.94
CS1 End10.66
CR1 Start12
Volume & EV
DER(3)3.79%
DER(5)1.13%
Volume1.21M
Volume Incr12.94%
Vol(5)1.77M
Vol(50)1.50M