SANGAMO THERAPEUTICS INC (SGMO) Stock Technical Analysis
USA - NASDAQ:SGMO - US8006771062 - Common Stock
0.5459 USD
0 (-0.75%)
0.5526 USD
+0.01 (+1.23%)
Taking everything into account, SGMO scores 1 out of 10 in our technical rating. SGMO's overall performance in the market is below average. Also 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.
86% 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
SGMO has an average volume of 5766310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SGMO is an average performer in the Biotechnology industry, it outperforms 45% of 541 stocks in the same industry.
In the last month SGMO has a been trading in the 0.47 - 0.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SGMO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.60. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for SGMO in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.37
0.62
We found 6 important support areas.
- Support @0.51 from a trend line in the daily time frame.
- A support zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.47 from a trend line in the weekly time frame.
- Support @0.46 from a horizontal line in the weekly time frame.
- Support @0.44 from a horizontal line in the daily time frame.
- Support @0.37 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.61 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 | 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 | 14.85 | NEGATIVE | SGMO has a low relative strength, it was outperformed by 85.15% 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) | UP | POSITIVE | The current price of SGMO is above the rising 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) | 53.65 | NEUTRAL | The RSI value for SGMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SGMO has a positive trend. |
| Stochastics (14,3) | 68.42 | NEUTRAL | The Stochastics value for SGMO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.33 | HIGH VOLATILITY | The high ATR as a percentage value for SGMO suggests high volalility. |
| Average Directional Index/ADX (14) | 12.48 | NEGATIVE | The low ADX value for SGMO suggests a weak or negative 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)
0.5459
0 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.75%
1 Week8.12%
2 Weeks-0.24%
1 Month-4.76%
3 Month19.32%
6 Month-37.01%
12 Month-43.15%
2 Year-8.99%
3 Year-88.86%
5 Year-94.22%
10 Year-90.32%
15 Year-84.08%
Volatility
ATR(14)0.04
ATR(20)%6.33%
ATR Inc37.83%
Range Today0.03
ADR(20)0.03
ADR(20)%6.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.85
Mansfield-5.24
10 Day High0.57
10 Day Low0.49
20 Day High0.6
20 Day Low0.47
52 Week High3.18
52 Week Low0.41
CS1 End0.51
CR1 Start0.6
Volume & EV
DER(3)18.15%
DER(5)10.24%
Volume8.03M
Volume Incr22.97%
Vol(5)5.60M
Vol(50)5.77M