SOMNIGROUP INTERNATIONAL INC (SGI) Technical Analysis
NYSE:SGI • US88023U1016
Current stock price
SGI Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to SGI. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- SGI is part of the Household Durables industry. There are 60 other stocks in this industry. SGI outperforms 71% of them.
- SGI has an average volume of 2350460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, SGI turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- SGI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SGI is lagging the market slightly.
- In the last month SGI has a been trading in the 69.30 - 81.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
SGI Weekly and Daily overview Charts
SGI Setup Rating and Analysis
Although the technical rating is bad, SGI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 70.46, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SGI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
SGI Support and Resistance Analysis
68.68
We found 1 important support 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 found 1 important resistance area.
- A resistance zone ranging from 72.91 to 73.92. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for SGI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGI is down. |
| ChartMill Relative Strength | 49.47 | NEUTRAL | SGI is not amongst the best or worst performers 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) | 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) | 38.71 | NEUTRAL | The RSI value for SGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests SGI has a positive trend. |
| Stochastics (14,3) | 43.98 | NEUTRAL | The Stochastics value for SGI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for SGI suggests some volalility. |
| Average Directional Index/ADX (14) | 42.7 | POSITIVE | The high ADX value value for SGI suggests a strong trend. |
SGI Chart- and CandleStick Pattern Analysis
SGI Technicals: Chart, Performance Metrics, Trend & Indicators
72.9
-0.71 (-0.96%)
SOMNIGROUP INTERNATIONAL INC / SGI TA FAQ
Can you provide the ChartMill technical rating for SOMNIGROUP INTERNATIONAL INC?
ChartMill assigns a technical rating of 1 / 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 38.7058. 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 0.264025, 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 72.91. Check the full technical report for our detailed analysis of SGI support and resistance levels.