SOMNIGROUP INTERNATIONAL INC (SGI) Stock Technical Analysis
NYSE:SGI - US88023U1016 - Common Stock
83.95 USD
-0.4 (-0.47%)
85.4684 USD
+1.52 (+1.81%)
We assign a technical rating of 7 out of 10 to SGI. Although SGI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, SGI is a bad performer in the overall market: 100% of all stocks are doing better.
SGI is part of the Household Durables industry. There are 63 other stocks in this industry, of which 96% are performing better than SGI.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month SGI has a been trading in the 71.14 - 85.03 range, which is quite wide. It is currently trading near the high of this range.
SGI has an average volume of 2517160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SGI has an excellent technical rating, but the quality of the setup is only medium 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
71.47
84.79
3 important support areas can be observed.
- Support @77.43 from a trend line in the daily time frame.
- A support zone ranging from 73.44 to 74.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 72.19 to 72.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SGI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SGI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 69.77 | NEUTRAL | The RSI value for SGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests SGI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.55 | OVERBOUGHT | The high Stochastics value suggests SGI may be overbought. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for SGI suggests some volalility. |
| Average Directional Index/ADX (14) | 31.84 | POSITIVE | The high ADX value value for SGI 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)
83.95
-0.4 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-0.47%
1 Week0.19%
2 Weeks4.83%
1 Month16.29%
3 Month29.03%
6 Month31.42%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.74
ATR(20)%2.22%
ATR Inc-30.14%
Range Today1.07
ADR(20)1.79
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High85.03
10 Day Low79.6
20 Day High85.03
20 Day Low71.14
52 Week HighN/A
52 Week LowN/A
CS1 End77.43
CR1 StartN/A
Volume & EV
DER(3)0.65%
DER(5)1.64%
Volume2.05M
Volume Incr-21.68%
Vol(5)2.15M
Vol(50)2.52M