SINGULARITY FUTURE TECHNOLOG (SGLY) Stock Technical Analysis
NASDAQ:SGLY - Nasdaq - US82935V3078 - Common Stock - Currency: USD
Overall SGLY gets a technical rating of 4 out of 10. In the past year, SGLY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, SGLY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.08, a Stop Loss order could be placed below this zone.
More info and screens
0.94
2 important support areas can be observed.
- A support zone ranging from 1.07 to 1.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.95 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.19 to 1.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.69 from a horizontal line in the daily time frame.
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 SGLY is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGLY is up. |
| ChartMill Relative Strength | 2.78 | NEGATIVE | SGLY has a low relative strength, it was outperformed by 97.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGLY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGLY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SGLY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.32 | NEUTRAL | The RSI value for SGLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SGLY has a positive trend. |
| Stochastics (14,3) | 40.74 | NEUTRAL | The Stochastics value for SGLY is a neutral value. |
| Average True Range in percent/ATR (20) | 11.67 | HIGH VOLATILITY | The high ATR as a percentage value for SGLY suggests high volalility. |
| Average Directional Index/ADX (14) | 43.39 | POSITIVE | The high ADX value value for SGLY suggests a strong trend. |
NASDAQ:SGLY (6/17/2025, 1:03:04 PM)
1.0942
+0 (+0.39%)