SIGHT SCIENCES INC (SGHT) Stock Technical Analysis
NASDAQ:SGHT - US82657M1053 - Common Stock
3.69 USD
-0.04 (-1.07%)
3.69 USD
0 (0%)
Taking everything into account, SGHT scores 2 out of 10 in our technical rating. SGHT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, SGHT is a bad performer in the overall market: 93% of all stocks are doing better.
SGHT is part of the Health Care Equipment & Supplies industry. There are 190 other stocks in this industry, of which 66% are performing better than SGHT.
In the last month SGHT has a been trading in the 3.63 - 4.34 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
SGHT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SGHT is lagging the market.
The technical rating of SGHT is bad and it also does not present a quality setup 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
2.50
4.38
7 important support areas can be observed.
- Support @3.63 from a trend line in the daily time frame.
- Support @3.56 from a trend line in the weekly time frame.
- Support @3.45 from a trend line in the daily time frame.
- Support @3.34 from a horizontal line in the daily time frame.
- A support zone ranging from 3.26 to 3.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.20 from a horizontal line in the daily time frame.
- Support @2.53 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.24 to 4.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.34 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 | NEUTRAL | NEUTRAL | The long term trend for SGHT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGHT is down. |
| ChartMill Relative Strength | 7.83 | NEGATIVE | SGHT has a low relative strength, it was outperformed by 92.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SGHT is below the rising 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 | MIXED | The current price of SGHT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.74 | NEUTRAL | The RSI value for SGHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests SGHT has a negative trend. |
| Stochastics (14,3) | 12.9 | OVERSOLD | The low Stochastics value suggests SGHT may be oversold. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for SGHT suggests high volalility. |
| Average Directional Index/ADX (14) | 18.78 | NEGATIVE | The low ADX value for SGHT 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)
3.69
-0.04 (-1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.07%
1 Week-8.66%
2 Weeks-10.44%
1 Month3.94%
3 Month-12.14%
6 Month56.36%
12 Month-41.89%
2 Year9.5%
3 Year-41.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%5.5%
ATR Inc17.39%
Range Today0.22
ADR(20)0.19
ADR(20)%5.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.83
Mansfield-1.12
10 Day High4.29
10 Day Low3.63
20 Day High4.34
20 Day Low3.63
52 Week High7.03
52 Week Low2.03
CS1 End3.63
CR1 Start4.24
Volume & EV
DER(3)-0.17%
DER(5)-3.24%
Volume143.80K
Volume Incr-18.31%
Vol(5)106.54K
Vol(50)135.89K