SANGAMO THERAPEUTICS INC (SGMO) Stock Technical Analysis
NASDAQ:SGMO - Nasdaq - US8006771062 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SGMO. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
91% of all other stocks performed better in the past year than SGMO.
SGMO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SGMO is lagging the market.
In the last month SGMO has a been trading in the 0.41 - 0.80 range, which is quite wide. It is currently trading near the lows of this range.
SGMO has an average volume of 7646990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SGMO is part of the Biotechnology industry. There are 561 other stocks in this industry, SGMO did better than 45% of them.
Considerably lower volume is observed in the last couple of days.
The technical rating of SGMO is bad and it also does not present a quality setup 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
0.36
0.68
When analyzing the support we can see 2 important areas.
- Support @0.46 from a horizontal line in the weekly time frame.
- Support @0.36 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.56 from a trend line in the daily time frame.
- Resistance @0.67 from a trend 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 | DOWN | NEGATIVE | The long term trend for SGMO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGMO is down. |
| ChartMill Relative Strength | 9.91 | NEGATIVE | SGMO has a low relative strength, it was outperformed by 90.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGMO is below 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) | 36.04 | NEUTRAL | The RSI value for SGMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SGMO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.96 | NEUTRAL | The Stochastics value for SGMO is a neutral value. |
| Average True Range in percent/ATR (20) | 15.62 | HIGH VOLATILITY | The high ATR as a percentage value for SGMO suggests high volalility. |
| Average Directional Index/ADX (14) | 23.92 | NEUTRAL | The ADX value for SGMO suggests a possible start of a new 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)
0.4733
-0.02 (-4.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.29%
1 Week0.7%
2 Weeks-32.4%
1 Month-39.86%
3 Month-55.77%
6 Month-74.82%
12 Month-20.48%
2 Year-57.74%
3 Year-87.03%
5 Year-95.77%
10 Year-96.14%
15 Year-89.6%
Volatility
ATR(14)0.08
ATR(20)%15.62%
ATR Inc-76.37%
Range Today0.02
ADR(20)0.06
ADR(20)%12.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.91
Mansfield-5.6
10 Day High0.76
10 Day Low0.41
20 Day High0.8
20 Day Low0.41
52 Week High3.18
52 Week Low0.3
CS1 End0.46
CR1 Start0.5
Volume & EV
DER(3)0.06%
DER(5)-1.42%
Volume2.52M
Volume Incr-37.89%
Vol(5)3.21M
Vol(50)7.65M