SIGHT SCIENCES INC (SGHT) Stock Technical Analysis
USA - NASDAQ:SGHT - US82657M1053 - Common Stock
Overall SGHT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SGHT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although SGHT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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3.17
When analyzing the support we can see 4 important areas.
- Support @4.97 from a horizontal line in the daily time frame.
- A support zone ranging from 3.33 to 3.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.27 to 3.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.20 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 SGHT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGHT is up. |
| ChartMill Relative Strength | 90.65 | POSITIVE | SGHT has a high relative strength, it outperformed 90.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGHT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGHT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGHT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.93 | OVERBOUGHT | The high RSI value suggests SGHT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SGHT has a positive trend. |
| Stochastics (14,3) | 79.44 | NEUTRAL | The Stochastics value for SGHT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.18 | HIGH VOLATILITY | The high ATR as a percentage value for SGHT suggests high volalility. |
| Average Directional Index/ADX (14) | 43.28 | POSITIVE | The high ADX value value for SGHT suggests a strong trend. |
5.82
+0.82 (+16.4%)
SIGHT SCIENCES INC / SGHT FAQ
What is the technical rating for SGHT stock?
ChartMill assigns a technical rating of 10 / 10 to SGHT.
What is the trend direction for SGHT stock?
The current trend direction for SIGHT SCIENCES INC (SGHT) is Bullish.
Can you provide the RSI signal for SIGHT SCIENCES INC?
SIGHT SCIENCES INC (SGHT) has an RSI value of 77.934. This indicates that the stock is currently overbought.
What is the short term momentum for SIGHT SCIENCES INC (SGHT) stock?
The short term momentum for SIGHT SCIENCES INC (SGHT) is positive.
What is the support and resistance level for SGHT stock?
SIGHT SCIENCES INC (SGHT) has a support level at 4.97. Check the full technical report for our detailed analysis of SGHT support and resistance levels.