SOMNIGROUP INTERNATIONAL INC (SGI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SGI - US88023U1016 - Common Stock
Taking everything into account, SGI scores 3 out of 10 in our technical rating. In the last year, SGI was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is bad, SGI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
78.55
We found 3 important support areas.
- Support @86.82 from a trend line in the daily time frame.
- Support @84.14 from a trend line in the daily time frame.
- A support zone ranging from 79.34 to 79.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 93.50 to 94.28. 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 | DOWN | NEGATIVE | The short term trend for SGI is down. |
| 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) | DOWN | NEGATIVE | The current price of SGI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.2 | NEUTRAL | The RSI value for SGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests SGI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.55 | OVERSOLD | The low Stochastics value suggests SGI may be oversold. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for SGI suggests some volalility. |
| Average Directional Index/ADX (14) | 10.76 | NEGATIVE | The low ADX value for SGI suggests a weak or negative trend. |
89.7
+0.96 (+1.08%)
SOMNIGROUP INTERNATIONAL INC / SGI FAQ
Can you provide the ChartMill technical rating for SOMNIGROUP INTERNATIONAL INC?
ChartMill assigns a technical rating of 3 / 10 to SGI.
Can you provide the trend direction for SOMNIGROUP INTERNATIONAL INC?
The current trend direction for SOMNIGROUP INTERNATIONAL INC (SGI) is Bullish.
Can you provide the RSI signal for SOMNIGROUP INTERNATIONAL INC?
SOMNIGROUP INTERNATIONAL INC (SGI) has an RSI value of 49.2036. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SOMNIGROUP INTERNATIONAL INC?
The MACD indicator for SOMNIGROUP INTERNATIONAL INC (SGI) has a value of -0.37374, indicating a bearish trend.
What is the short term momentum for SGI stock?
The short term momentum for SOMNIGROUP INTERNATIONAL INC (SGI) is negative.