Overall SGML gets a technical rating of 9 out of 10. 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.
SGML has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
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10.12
When analyzing the support we notice one important area.
- Support @10.22 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @12.21 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 | 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 | 93.36 | POSITIVE | SGML has a high relative strength, it outperformed 93.36% 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) | DOWN | MIXED | The current price of SGML is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.1 | NEUTRAL | The RSI value for SGML is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SGML has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.16 | NEUTRAL | The Stochastics value for SGML is a neutral value. |
| Average True Range in percent/ATR (20) | 11.51 | HIGH VOLATILITY | The high ATR as a percentage value for SGML suggests high volalility. |
| Average Directional Index/ADX (14) | 32.48 | POSITIVE | The high ADX value value for SGML suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.22 | 10.21 | 2.01 (16.45%) | 6.08% |
| An entry @12.22. This is a Buy Stop order right above the resistance zone. | An exit @10.21. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.01 points, which is 16.45%. | For a 1.00% total portfolio risk, you can invest 6.08% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
11.61
+0.93 (+8.71%)
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 current trend direction of SIGMA LITHIUM CORP (SGML) stock?
The current trend direction for SIGMA LITHIUM CORP (SGML) is Bullish.
Can you provide the RSI signal for SIGMA LITHIUM CORP?
SIGMA LITHIUM CORP (SGML) has an RSI value of 62.104. This indicates that the stock is currently neutral.
What is the buy/sell signal for SGML stock?
The buy/sell signal for SIGMA LITHIUM CORP (SGML) is buy as both the short term and long term trends are positive.
What is the support and resistance level for SGML stock?
SIGMA LITHIUM CORP (SGML) has a support level at 10.22 and a resistance level at 12.21. Check the full technical report for our detailed analysis of SGML support and resistance levels.