SANGAMO THERAPEUTICS INC (SGMO) Stock Technical Analysis
USA - NASDAQ:SGMO - US8006771062 - Common Stock
0.6723 USD
-0.07 (-9.01%)
0.668 USD
0 (-0.64%)
Overall SGMO gets a technical rating of 7 out of 10. SGMO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
SGMO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SGMO has a been trading in the 0.49 - 0.77 range, which is quite wide. It is currently trading near the high of this range.
SGMO has an average volume of 5526510 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 70% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
SGMO is part of the Biotechnology industry. There are 536 other stocks in this industry, SGMO did better than 55% of them.
Although SGMO has an excellent technical rating, it does not present a decent entry opportunity 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
0.44
0.70
4 important support areas can be observed.
- Support @0.55 from a trend line in the daily time frame.
- Support @0.48 from a trend line in the weekly time frame.
- Support @0.46 from a horizontal line in the weekly time frame.
- Support @0.44 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.69 to 0.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 SGMO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGMO is up. |
| ChartMill Relative Strength | 70.16 | POSITIVE | SGMO has a high relative strength, it outperformed 70.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGMO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGMO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SGMO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.55 | NEUTRAL | The RSI value for SGMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SGMO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.76 | NEUTRAL | The Stochastics value for SGMO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.28 | HIGH VOLATILITY | The high ATR as a percentage value for SGMO suggests high volalility. |
| Average Directional Index/ADX (14) | 31.95 | POSITIVE | The high ADX value value for SGMO suggests a strong trend. |
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)
0.6723
-0.07 (-9.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-9.01%
1 Week-1.55%
2 Weeks1.25%
1 Month33.16%
3 Month36.65%
6 Month-6.43%
12 Month-19.7%
2 Year6.68%
3 Year-84.69%
5 Year-93.5%
10 Year-90.46%
15 Year-81.98%
Volatility
ATR(14)0.06
ATR(20)%8.28%
ATR Inc33.98%
Range Today0.08
ADR(20)0.05
ADR(20)%8.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.16
Mansfield-3.95
10 Day High0.77
10 Day Low0.64
20 Day High0.77
20 Day Low0.49
52 Week High3.18
52 Week Low0.41
CS1 End0.55
CR1 Start0.69
Volume & EV
DER(3)0.23%
DER(5)2.25%
Volume5.84M
Volume Incr-2.72%
Vol(5)5.26M
Vol(50)5.53M