SAGIMET BIOSCIENCES INC-A (SGMT) Stock Technical Analysis
NASDAQ:SGMT - Nasdaq - US7867001049 - Common Stock - Currency: USD
Overall SGMT gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SGMT is showing a nice and steady performance.
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.
The long and short term trends are both positive. This is looking good!
SGMT is one of the better performing stocks in the Biotechnology industry, it outperforms 98% of 558 stocks in the same industry.
SGMT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SGMT is lagging the market slightly.
SGMT has an average volume of 1749420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SGMT is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month SGMT has a been trading in the 6.56 - 10.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SGMT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
8.73
10.02
We found 1 important support area.
- A support zone ranging from 8.82 to 8.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.45 to 9.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.92 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 | UP | POSITIVE | The long term trend for SGMT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGMT is up. |
| ChartMill Relative Strength | 99.12 | POSITIVE | SGMT has a high relative strength, it outperformed 99.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGMT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGMT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGMT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.99 | NEUTRAL | The RSI value for SGMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SGMT has a negative trend. |
| Stochastics (14,3) | 72.75 | NEUTRAL | The Stochastics value for SGMT is a neutral value. |
| Average True Range in percent/ATR (20) | 11.16 | HIGH VOLATILITY | The high ATR as a percentage value for SGMT suggests high volalility. |
| Average Directional Index/ADX (14) | 49.82 | POSITIVE | The high ADX value value for SGMT suggests a strong 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)
NASDAQ:SGMT (7/15/2025, 2:46:01 PM)
9.27
-0.19 (-2.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.01%
1 Week8.99%
2 Weeks20.2%
1 Month9.87%
3 Month328.05%
6 Month115.49%
12 Month206.15%
2 Year-40.69%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%11.16%
ATR Inc-14.84%
Range Today0.64
ADR(20)1.05
ADR(20)%11.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.12
Mansfield9.63
10 Day High9.98
10 Day Low7.51
20 Day High10.43
20 Day Low6.56
52 Week High10.43
52 Week Low1.73
CS1 End8.93
CR1 Start9.48
Volume & EV
DER(3)0.66%
DER(5)2.1%
Volume392.90K
Volume Incr-59.77%
Vol(5)918.06K
Vol(50)1.75M