SIGMA LITHIUM CORP (SGML) Technical Analysis
NASDAQ:SGML • CA8265991023
Current stock price
9.89 USD
-0.63 (-5.99%)
At close:
10.12 USD
+0.23 (+2.33%)
After Hours:
SGML Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to SGML. SGML scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 82% of all other stocks performed better in the past year than SGML.
- SGML is one of the lesser performing stocks in the Metals & Mining industry. 80% of 157 stocks in the same industry do better.
- In the last month SGML has a been trading in the 9.22 - 16.88 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.
- SGML has an average volume of 4135020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- SGML 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 SGML is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
SGML Weekly and Daily overview Charts
SGML Setup Rating and Analysis
The technical rating of SGML is bad and it also does not present a 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
SGML Support and Resistance Analysis
5.03
16.76
When analyzing the support we can see 2 important areas.
- Support @6.02 from a trend line in the weekly time frame.
- Support @5.08 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @14.39 from a trend line in the weekly time frame.
- Resistance @16.23 from a horizontal line in the daily time frame.
- Resistance @16.59 from a horizontal line in the daily time frame.
SGML 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 | NEUTRAL | NEUTRAL | The long term trend for SGML is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGML is down. |
| ChartMill Relative Strength | 18.63 | NEGATIVE | SGML has a low relative strength, it was outperformed by 81.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGML is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGML is below a declining 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) | 36.17 | NEUTRAL | The RSI value for SGML is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests SGML has a negative trend. |
| Stochastics (14,3) | 9.75 | OVERSOLD | The low Stochastics value suggests SGML may be oversold. |
| Average True Range in percent/ATR (20) | 13.36 | HIGH VOLATILITY | The high ATR as a percentage value for SGML suggests high volalility. |
| Average Directional Index/ADX (14) | 12.28 | NEGATIVE | The low ADX value for SGML suggests a weak or negative trend. |
SGML Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
SGML Technicals: Chart, Performance Metrics, Trend & Indicators
9.89
-0.63 (-5.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.99%
1 Week-17.17%
2 Weeks-19.92%
1 Month-27.33%
3 Month-18.87%
6 Month63.2%
12 Month-15.33%
2 Year-23.69%
3 Year-73.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%13.36%
ATR Inc0.44%
Range Today0.77
ADR(20)1.07
ADR(20)%10.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.63
3 months CRS18.84
6 months CRS96.04
Mansfield1.47
10 Day High13.37
10 Day Low9.22
20 Day High16.88
20 Day Low9.22
52 Week High16.88
52 Week Low4.25
CS1 End6.02
CR1 Start14.39
Volume & EV
DER(3)-0.74%
DER(5)-1.96%
Volume3.08M
Volume Incr-39.4%
Vol(5)2.16M
Vol(50)4.14M
SIGMA LITHIUM CORP / SGML TA FAQ
Can you provide the ChartMill technical rating for SIGMA LITHIUM CORP?
ChartMill assigns a technical rating of 0 / 10 to SGML.
What is the trend direction for SGML stock?
The current trend direction for SIGMA LITHIUM CORP (SGML) is Bearish.
What is the RSI signal for SIGMA LITHIUM CORP (SGML) stock?
SIGMA LITHIUM CORP (SGML) has an RSI value of 36.1736. 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 -0.331451, indicating a bearish trend.