Overall SGMO gets a technical rating of 3 out of 10. Although SGMO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
SGMO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
SGMO is part of the Biotechnology industry. There are 567 other stocks in this industry. SGMO outperforms 83% of them.
In the last month SGMO has a been trading in the 0.53 - 0.85 range, which is quite wide. It is currently trading near the high of this range.
SGMO has an average volume of 7315640 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 85% of all other stocks. However, SGMO's most recent performance is quite weak.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.