SANGAMO THERAPEUTICS INC (SGMO) Stock Technical Analysis
NASDAQ:SGMO - Nasdaq - US8006771062 - Common Stock - Currency: USD
Overall SGMO gets a technical rating of 3 out of 10. Although SGMO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
SGMO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
SGMO is part of the Biotechnology industry. There are 567 other stocks in this industry. SGMO outperforms 83% of them.
In the last month SGMO has a been trading in the 0.53 - 0.85 range, which is quite wide. It is currently trading near the high of this range.
SGMO has an average volume of 7315640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SGMO did better than 85% of all other stocks. However, SGMO's most recent performance is quite weak.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, SGMO 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
0.58
0.83
We found 3 important support areas.
- A support zone ranging from 0.75 to 0.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.68 to 0.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.59 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.82 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.13
Mansfield-2.33
10 Day High0.84
10 Day Low0.67
20 Day High0.85
20 Day Low0.53
52 Week High3.18
52 Week Low0.3
Performance
1 Week11.54%
2 Weeks9.31%
1 Month-8.2%
3 Month-32.16%
6 Month-47.53%
12 Month51.99%
2 Year-46.46%
3 Year-81.04%
5 Year-90.34%
10 Year-93.64%
15 Year-87.22%
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)50.6
LBB0.64
UBB0.82
0.787
-0.03 (-3.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.42%
1 Week11.54%
2 Weeks9.31%
1 Month-8.2%
3 Month-32.16%
6 Month-47.53%
12 Month51.99%
2 Year-46.46%
3 Year-81.04%
5 Year-90.34%
10 Year-93.64%
15 Year-87.22%
Volatility
ATR(14)0.08
ATR(20)%11.95%
ATR Inc-18.22%
Range Today0.06
ADR(20)0.09
ADR(20)%11.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.13
Mansfield-2.33
10 Day High0.84
10 Day Low0.67
20 Day High0.85
20 Day Low0.53
52 Week High3.18
52 Week Low0.3
CS1 End0.75
CR1 Start0.82
Volume & EV
DER(3)-13.06%
DER(5)-5.75%
Volume2.00M
Volume Incr-59.37%
Vol(5)4.61M
Vol(50)7.32M