SIGHT SCIENCES INC (SGHT) Technical Analysis
NASDAQ:SGHT • US82657M1053
Current stock price
SGHT Technical Rating and Analysis
Taking everything into account, SGHT scores 0 out of 10 in our technical rating. SGHT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 68% of all other stocks performed better in the past year than SGHT.
- SGHT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SGHT is lagging the market.
- In the last month SGHT has a been trading in the 3.41 - 4.27 range, which is quite wide. It is currently trading near the lows of this range.
- SGHT is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, SGHT did better than 68% of them.
SGHT Weekly and Daily overview Charts
SGHT Setup Rating and Analysis
Although the technical rating is bad, SGHT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.54, a Stop Loss order could be placed below this zone.
More info and screens
SGHT Support and Resistance Analysis
3.43
We found 1 important support area.
- A support zone ranging from 3.46 to 3.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.75 to 3.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.05 from a horizontal line in the daily time frame.
- Resistance @4.49 from a trend line in the daily time frame.
SGHT Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for SGHT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGHT is down. |
| ChartMill Relative Strength | 32.21 | NEUTRAL | SGHT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGHT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGHT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SGHT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.28 | NEUTRAL | The RSI value for SGHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SGHT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 23.81 | NEUTRAL | The Stochastics value for SGHT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.09 | HIGH VOLATILITY | The high ATR as a percentage value for SGHT suggests high volalility. |
| Average Directional Index/ADX (14) | 29.35 | POSITIVE | The high ADX value value for SGHT suggests a strong trend. |
SGHT Chart- and CandleStick Pattern Analysis
SGHT Technicals: Chart, Performance Metrics, Trend & Indicators
3.55
+0.03 (+0.85%)
SIGHT SCIENCES INC / SGHT TA FAQ
What is the technical rating for SGHT stock?
ChartMill assigns a technical rating of 0 / 10 to SGHT.
Can you provide the trend direction for SIGHT SCIENCES INC?
The current trend direction for SIGHT SCIENCES INC (SGHT) is Bearish.
What is the RSI signal for SGHT stock?
SIGHT SCIENCES INC (SGHT) has an RSI value of 36.2801. This indicates that the stock is currently neutral.
What is the MACD signal for SGHT stock?
The MACD indicator for SIGHT SCIENCES INC (SGHT) has a value of 0.0575806, indicating a bearish trend.
What is the short term momentum for SGHT stock?
The short term momentum for SIGHT SCIENCES INC (SGHT) is negative.