Taking everything into account, SGML scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SGML has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although SGML has an excellent technical rating, it does not offer a high quality setup 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
12.90
We found 1 important support area.
- A support zone ranging from 13.03 to 13.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @14.51 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for SGML is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGML is up. |
| ChartMill Relative Strength | 94.57 | POSITIVE | SGML has a high relative strength, it outperformed 94.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGML is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGML is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGML is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.93 | NEUTRAL | The RSI value for SGML is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SGML has a negative trend. |
| Stochastics (14,3) | 55.71 | NEUTRAL | The Stochastics value for SGML is a neutral value. |
| Average True Range in percent/ATR (20) | 10.34 | HIGH VOLATILITY | The high ATR as a percentage value for SGML suggests high volalility. |
| Average Directional Index/ADX (14) | 35.06 | POSITIVE | The high ADX value value for SGML suggests a strong trend. |
13.51
+0.21 (+1.58%)
SIGMA LITHIUM CORP / SGML FAQ
Can you provide the ChartMill technical rating for SIGMA LITHIUM CORP?
ChartMill assigns a technical rating of 9 / 10 to SGML.
What is the trend direction for SGML stock?
The current trend direction for SIGMA LITHIUM CORP (SGML) is Bullish.
What is the RSI signal for SIGMA LITHIUM CORP (SGML) stock?
SIGMA LITHIUM CORP (SGML) has an RSI value of 54.9336. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SIGMA LITHIUM CORP?
The MACD indicator for SIGMA LITHIUM CORP (SGML) has a value of -0.093648, indicating a bearish trend.
What is the buy/sell signal for SIGMA LITHIUM CORP (SGML) stock?
The buy/sell signal for SIGMA LITHIUM CORP (SGML) is buy as both the short term and long term trends are positive.