SOMNIGROUP INTERNATIONAL INC (SGI) Stock Technical Analysis
USA - NYSE:SGI - US88023U1016 - Common Stock
Overall SGI gets a technical rating of 7 out of 10. Although SGI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although SGI has an excellent technical rating, the quality of the presented setup is not ideal 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
78.55
2 important support areas can be observed.
- Support @81.08 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.
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) | 56.76 | NEUTRAL | The RSI value for SGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.77 | POSITIVE | The MACD value suggests SGI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.79 | NEUTRAL | The Stochastics value for SGI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for SGI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.67 | POSITIVE | The high ADX value value for SGI suggests a strong trend. |
88.34
-0.28 (-0.32%)
SOMNIGROUP INTERNATIONAL INC / SGI FAQ
Can you provide the ChartMill technical rating for SOMNIGROUP INTERNATIONAL INC?
ChartMill assigns a technical rating of 7 / 10 to SGI.
What is the current trend direction of SOMNIGROUP INTERNATIONAL INC (SGI) stock?
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 56.7594. This indicates that the stock is currently neutral.
What is the short term momentum for SGI stock?
The short term momentum for SOMNIGROUP INTERNATIONAL INC (SGI) is positive.
Can you provide the buy/sell signal for SOMNIGROUP INTERNATIONAL INC?
The buy/sell signal for SOMNIGROUP INTERNATIONAL INC (SGI) is buy as both the short term and long term trends are positive.