SCIENTIFIC GAMES CORP (SGMS) Stock Technical Analysis
NASDAQ:SGMS - Nasdaq - US80874P1093 - Common Stock
Overall SGMS gets a technical rating of 2 out of 10. Although SGMS 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 negative, as is the long term trend. There should be more interesting stocks out there.
SGMS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SGMS has a been trading in the 55.61 - 64.22 range, which is quite wide. It is currently trading near the lows of this range.
SGMS is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 73% of 131 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that SGMS is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Although the technical rating is bad, SGMS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
54.27
66.81
When analyzing the support we notice one important area.
- Support @54.82 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 58.58 to 60.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @61.14 from a trend line in the daily time frame.
- A resistance zone ranging from 62.16 to 64.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @66.15 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 SGMS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGMS is down. |
| ChartMill Relative Strength | 84.13 | POSITIVE | SGMS has a high relative strength, it outperformed 84.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGMS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGMS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SGMS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.07 | NEUTRAL | The RSI value for SGMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests SGMS has a negative trend. |
| Stochastics (14,3) | 20.17 | NEUTRAL | The Stochastics value for SGMS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.22 | HIGH VOLATILITY | The high ATR as a percentage value for SGMS suggests high volalility. |
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)
58.07
+1.32 (+2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg2.33%
1 Week-2.6%
2 Weeks-2.06%
1 Month-4.13%
3 Month5.91%
6 Month-27.46%
12 Month-0.77%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.97
ATR(20)%5.22%
ATR Inc-6.03%
Range Today2.94
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.13
Mansfield-1.05
10 Day High64.09
10 Day Low55.61
20 Day High64.22
20 Day Low55.61
52 Week High90.2
52 Week Low50.72
CS1 End54.82
CR1 Start58.58
Volume & EV
DER(3)0.09%
DER(5)0.61%
Volume515.60K
Volume Incr-3.42%
Vol(5)655.62K
Vol(50)802.91K