Taking everything into account, SGMO scores 0 out of 10 in our technical rating. SGMO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SGMO has a poor technical rating and the quality of the setup is also only medium 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.
0.52
We can see 3 important resistance areas.
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 | DOWN | NEGATIVE | The long term trend for SGMO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SGMO is neutral. |
| ChartMill Relative Strength | 7.28 | NEGATIVE | SGMO has a low relative strength, it was outperformed by 92.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SGMO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGMO is below a declining 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) | 56.48 | NEUTRAL | The RSI value for SGMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SGMO has a positive trend. |
| Stochastics (14,3) | 61.45 | NEUTRAL | The Stochastics value for SGMO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.32 | HIGH VOLATILITY | The high ATR as a percentage value for SGMO suggests high volalility. |
| Average Directional Index/ADX (14) | 20.88 | NEUTRAL | The ADX value for SGMO suggests a possible start of a new trend. |
0.5301
+0.03 (+6.17%)
ChartMill assigns a technical rating of 0 / 10 to SGMO.
The current trend direction for SANGAMO THERAPEUTICS INC (SGMO) is Bearish.
SANGAMO THERAPEUTICS INC (SGMO) has an RSI value of 56.4796. This indicates that the stock is currently neutral.
The MACD indicator for SANGAMO THERAPEUTICS INC (SGMO) has a value of 0.0157535, indicating a bearish trend.