SIGNING DAY SPORTS INC (SGN) Technical Analysis
NYSEARCA:SGN • US82670R3057
Current stock price
SGN Technical Rating and Analysis
Taking everything into account, SGN scores 2 out of 10 in our technical rating. SGN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
- When comparing the yearly performance of all stocks, SGN is a bad performer in the overall market: 93% of all stocks are doing better.
- SGN is one of the lesser performing stocks in the Software industry. 69% of 272 stocks in the same industry do better.
- SGN 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.
- SGN has an average volume of 60114300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SGN has a been trading in the 0.24 - 0.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SGN Weekly and Daily overview Charts
SGN Setup Rating and Analysis
The technical rating of SGN is bad and it also does not present a quality setup 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.
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SGN Support and Resistance Analysis
0.53
We found 1 important resistance area.
- Resistance @0.92 from a trend line in the weekly time frame.
SGN 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 SGN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SGN is neutral. |
| ChartMill Relative Strength | 7.81 | NEGATIVE | SGN has a low relative strength, it was outperformed by 92.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SGN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SGN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.33 | NEUTRAL | The RSI value for SGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.1 | NEUTRAL | The Stochastics value for SGN is a neutral value. |
| Average True Range in percent/ATR (20) | 31.87 | HIGH VOLATILITY | The high ATR as a percentage value for SGN suggests high volalility. |
| Average Directional Index/ADX (14) | 36.46 | POSITIVE | The high ADX value value for SGN suggests a strong trend. |
SGN Chart- and CandleStick Pattern Analysis
SGN Technicals: Chart, Performance Metrics, Trend & Indicators
0.5401
-0.16 (-22.79%)
SIGNING DAY SPORTS INC / SGN TA FAQ
Can you provide the ChartMill technical rating for SIGNING DAY SPORTS INC?
ChartMill assigns a technical rating of 2 / 10 to SGN.
What is the current trend direction of SIGNING DAY SPORTS INC (SGN) stock?
The current trend direction for SIGNING DAY SPORTS INC (SGN) is Bearish.
What is the RSI signal for SGN stock?
SIGNING DAY SPORTS INC (SGN) has an RSI value of 50.3289. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SIGNING DAY SPORTS INC?
The MACD indicator for SIGNING DAY SPORTS INC (SGN) has a value of 0.0145841, indicating a bearish trend.
Can you provide the support and resistance levels for SIGNING DAY SPORTS INC?
SIGNING DAY SPORTS INC (SGN) has a resistance level at 0.92. Check the full technical report for our detailed analysis of SGN support and resistance levels.