Overall SGMO gets a technical rating of 4 out of 10. In the last year, SGMO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 91% of all other stocks performed better in the past year than SGMO.
- SGMO is one of the lesser performing stocks in the Biotechnology industry. 67% of 525 stocks in the same industry do better.
- 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.
- In the last month SGMO has a been trading in the 0.36 - 0.54 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- SGMO has an average volume of 6925850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SGMO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.53
2 important resistance areas can be observed.
- Resistance @0.69 from a trend line in the daily time frame.
- Resistance @0.75 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 | NEUTRAL | NEUTRAL | The long term trend for SGMO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SGMO is neutral. |
| ChartMill Relative Strength | 9.94 | NEGATIVE | SGMO has a low relative strength, it was outperformed by 90.06% 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 | MIXED | The current price of SGMO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.66 | 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. |
| Stochastics (14,3) | 65.73 | NEUTRAL | The Stochastics value for SGMO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.9 | HIGH VOLATILITY | The high ATR as a percentage value for SGMO suggests high volalility. |
| Average Directional Index/ADX (14) | 21.34 | NEUTRAL | The ADX value for SGMO suggests a possible start of a new trend. |
0.5355
+0.02 (+4.39%)
SANGAMO THERAPEUTICS INC / SGMO FAQ
What is the ChartMill technical rating of SANGAMO THERAPEUTICS INC (SGMO) stock?
ChartMill assigns a technical rating of 4 / 10 to SGMO.
What is the trend direction for SGMO stock?
The current trend direction for SANGAMO THERAPEUTICS INC (SGMO) is Bearish.
Can you provide the RSI signal for SANGAMO THERAPEUTICS INC?
SANGAMO THERAPEUTICS INC (SGMO) has an RSI value of 66.6598. This indicates that the stock is currently neutral.
What are the support and resistance levels for SANGAMO THERAPEUTICS INC (SGMO) stock?
SANGAMO THERAPEUTICS INC (SGMO) has a resistance level at 0.69. Check the full technical report for our detailed analysis of SGMO support and resistance levels.