SIGMA LABS INC - CW22 (SGLBW) Technical Analysis
NASDAQ:SGLBW
Current stock price
SGLBW Technical Rating and Analysis
Overall SGLBW gets a technical rating of 0 out of 10. SGLBW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than SGLBW.
- SGLBW is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SGLBW is lagging the market.
- In the last month SGLBW has a been trading in the 0.01 - 0.05 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SGLBW Weekly and Daily overview Charts
SGLBW Setup Rating and Analysis
Although the technical rating is bad, SGLBW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
SGLBW Support and Resistance Analysis
SGLBW 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 SGLBW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGLBW is down. |
| ChartMill Relative Strength | 0.01 | NEGATIVE | SGLBW has a low relative strength, it was outperformed by 99.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGLBW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGLBW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SGLBW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.52 | NEUTRAL | The RSI value for SGLBW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SGLBW has a negative trend. |
| Stochastics (14,3) | 0.45 | OVERSOLD | The low Stochastics value suggests SGLBW may be oversold. |
| Average True Range in percent/ATR (20) | 203.07 | HIGH VOLATILITY | The high ATR as a percentage value for SGLBW suggests high volalility. |
SGLBW Chart- and CandleStick Pattern Analysis
SGLBW Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:SGLBW (2/17/2022, 8:00:02 PM)
0.0057
0 (-43%)
SIGMA LABS INC - CW22 / SGLBW TA FAQ
What is the technical rating for SGLBW stock?
ChartMill assigns a technical rating of 0 / 10 to SGLBW.
What is the trend direction for SGLBW stock?
The current trend direction for SIGMA LABS INC - CW22 (SGLBW) is Bearish.
Can you provide the RSI signal for SIGMA LABS INC - CW22?
SIGMA LABS INC - CW22 (SGLBW) has an RSI value of 31.5192. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SIGMA LABS INC - CW22?
The MACD indicator for SIGMA LABS INC - CW22 (SGLBW) has a value of -0.000269901, indicating a bearish trend.
What is the short term momentum for SGLBW stock?
The short term momentum for SIGMA LABS INC - CW22 (SGLBW) is negative.