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 10 out of 10 in our technical rating. 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 and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SGHC is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, SGHC also shows a nice and consistent pattern of rising prices.
SGHC is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 98% of 134 stocks in the same industry.
SGHC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SGHC is leading the market.
In the last month SGHC has a been trading in the 8.12 - 9.96 range, which is quite wide. It is currently trading near the high of this range.
SGHC has an average volume of 1012370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although SGHC has an excellent technical rating, it does not present a decent entry opportunity 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
6.30
9.88
5 important support areas can be observed.
- Support @9.24 from a trend line in the daily time frame.
- A support zone ranging from 8.97 to 9.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.66 from a horizontal line in the daily time frame.
- Support @6.95 from a trend line in the weekly time frame.
- Support @6.36 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for SGHC is up. |
| ChartMill Relative Strength | 98.21 | POSITIVE | SGHC has a high relative strength, it outperformed 98.21% 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) | 71.66 | OVERBOUGHT | The high RSI value suggests SGHC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SGHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.33 | OVERBOUGHT | The high Stochastics value suggests SGHC may be overbought. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for SGHC suggests some volalility. |
| Average Directional Index/ADX (14) | 37.08 | 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)
9.78
+0.04 (+0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.41%
1 Week5.05%
2 Weeks11.77%
1 Month15.88%
3 Month43.19%
6 Month50.23%
12 Month204.67%
2 Year237.24%
3 Year138.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%2.71%
ATR Inc-29.77%
Range Today0.15
ADR(20)0.25
ADR(20)%2.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.21
Mansfield5.83
10 Day High9.96
10 Day Low8.64
20 Day High9.96
20 Day Low8.12
52 Week High9.96
52 Week Low2.91
CS1 End9.24
CR1 StartN/A
Volume & EV
DER(3)-1.43%
DER(5)1.12%
Volume1.11M
Volume Incr13.18%
Vol(5)1.28M
Vol(50)1.01M