SOMNIGROUP INTERNATIONAL INC (SGI) Technical Analysis
NYSE:SGI • US88023U1016
Current stock price
SGI Technical Rating and Analysis
Overall SGI gets a technical rating of 2 out of 10. SGI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month SGI has a been trading in the 71.25 - 86.42 range, which is quite wide. It is currently trading near the lows of this range.
- SGI has an average volume of 2650240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, SGI outperforms 46% of them, which is more or less in line with the market.
- SGI is an average performer in the Household Durables industry, it outperforms 66% of 60 stocks in the same industry.
- SGI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SGI is lagging the market.
SGI Weekly and Daily overview Charts
SGI Setup Rating and Analysis
SGI has a poor technical rating and the quality of the setup is also not perfect 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
SGI Support and Resistance Analysis
68.68
When analyzing the support we notice one important area.
- A support zone ranging from 69.37 to 70.46. 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 78.72 to 79.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @82.19 from a trend line in the daily time frame.
- A resistance zone ranging from 85.01 to 85.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
SGI 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 | NEUTRAL | NEUTRAL | The long term trend for SGI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGI is down. |
| ChartMill Relative Strength | 46.04 | NEUTRAL | SGI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SGI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SGI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.93 | NEUTRAL | The RSI value for SGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests SGI has a negative trend. |
| Stochastics (14,3) | 9.41 | OVERSOLD | The low Stochastics value suggests SGI may be oversold. |
| Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for SGI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.56 | NEGATIVE | The low ADX value for SGI suggests a weak or negative trend. |
SGI Chart- and CandleStick Pattern Analysis
SGI Technicals: Chart, Performance Metrics, Trend & Indicators
75.58
-0.28 (-0.37%)
SOMNIGROUP INTERNATIONAL INC / SGI TA FAQ
Can you provide the ChartMill technical rating for SOMNIGROUP INTERNATIONAL INC?
ChartMill assigns a technical rating of 2 / 10 to SGI.
Can you provide the trend direction for SOMNIGROUP INTERNATIONAL INC?
The current trend direction for SOMNIGROUP INTERNATIONAL INC (SGI) is Bearish.
What is the RSI signal for SGI stock?
SOMNIGROUP INTERNATIONAL INC (SGI) has an RSI value of 42.9295. This indicates that the stock is currently neutral.
What is the MACD signal for SGI stock?
The MACD indicator for SOMNIGROUP INTERNATIONAL INC (SGI) has a value of -0.439367, indicating a bearish trend.
What is the support and resistance level for SGI stock?
SOMNIGROUP INTERNATIONAL INC (SGI) has a support level at 70.46 and a resistance level at 78.72. Check the full technical report for our detailed analysis of SGI support and resistance levels.