SANGAMO THERAPEUTICS INC (SGMO) Technical Analysis
NASDAQ:SGMO • US8006771062
Current stock price
SGMO Technical Rating and Analysis
Overall SGMO gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 93% of all other stocks performed better in the past year than SGMO.
- SGMO is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 75% are performing better than SGMO.
- SGMO is currently making a new 52 week low. This is a very bad signal. 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 0.31 - 0.44 range, which is quite wide. It is currently trading near the lows of this range.
- SGMO has an average volume of 6571890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SGMO Weekly and Daily overview Charts
SGMO Setup Rating and Analysis
SGMO has a poor technical rating and the quality of the setup is also not perfect 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
SGMO Support and Resistance Analysis
0.32
When analyzing the resistance we notice 3 important areas.
- Resistance @0.34 from a trend line in the daily time frame.
- Resistance @0.47 from a trend line in the weekly time frame.
- Resistance @0.48 from a trend line in the daily time frame.
SGMO Technical Indicator Signal Analysis
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 | 7.72 | NEGATIVE | SGMO has a low relative strength, it was outperformed by 92.28% 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) | 36.62 | NEUTRAL | The RSI value for SGMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SGMO has a negative trend. |
| Stochastics (14,3) | 21.31 | NEUTRAL | The Stochastics value for SGMO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.55 | HIGH VOLATILITY | The high ATR as a percentage value for SGMO suggests high volalility. |
| Average Directional Index/ADX (14) | 12.14 | NEGATIVE | The low ADX value for SGMO suggests a weak or negative trend. |
SGMO Chart- and CandleStick Pattern Analysis
SGMO Technicals: Chart, Performance Metrics, Trend & Indicators
0.3209
-0.02 (-6.74%)
SANGAMO THERAPEUTICS INC / SGMO TA FAQ
What is the ChartMill technical rating of SANGAMO THERAPEUTICS INC (SGMO) stock?
ChartMill assigns a technical rating of 0 / 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 36.6244. This indicates that the stock is currently neutral.
What is the buy/sell signal for SANGAMO THERAPEUTICS INC (SGMO) stock?
The buy/sell signal for SANGAMO THERAPEUTICS INC (SGMO) is sell as both the short term and long term trends are negative.
What is the support and resistance level for SGMO stock?
SANGAMO THERAPEUTICS INC (SGMO) has a resistance level at 0.34. Check the full technical report for our detailed analysis of SGMO support and resistance levels.