Taking everything into account, SGN scores 0 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.
SGN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.29. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for SGN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.21
When analyzing the support we notice one important area.
- A support zone ranging from 1.22 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.29 to 1.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.41 from a trend line in the daily time frame.
- Resistance @1.70 from a trend line in the weekly time frame.
- Resistance @1.98 from a trend line in the weekly 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 SGN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGN is down. |
| ChartMill Relative Strength | 3.64 | NEGATIVE | SGN has a low relative strength, it was outperformed by 96.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGN is below 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) | 43.82 | 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. |
| Stochastics (14,3) | 13.32 | OVERSOLD | The low Stochastics value suggests SGN may be oversold. |
| Average True Range in percent/ATR (20) | 7.7 | HIGH VOLATILITY | The high ATR as a percentage value for SGN suggests high volalility. |
| Average Directional Index/ADX (14) | 20.42 | NEUTRAL | The ADX value for SGN suggests a possible start of a new trend. |
1.28
+0.1 (+8.47%)
SIGNING DAY SPORTS INC / SGN FAQ
Can you provide the ChartMill technical rating for SIGNING DAY SPORTS INC?
ChartMill assigns a technical rating of 0 / 10 to SGN.
Can you provide the trend direction for SIGNING DAY SPORTS INC?
The current trend direction for SIGNING DAY SPORTS INC (SGN) is Bearish.
Can you provide the RSI signal for SIGNING DAY SPORTS INC?
SIGNING DAY SPORTS INC (SGN) has an RSI value of 43.8185. This indicates that the stock is currently neutral.
What is the buy/sell signal for SIGNING DAY SPORTS INC (SGN) stock?
The buy/sell signal for SIGNING DAY SPORTS INC (SGN) is sell as both the short term and long term trends are negative.
What is the support and resistance level for SGN stock?
SIGNING DAY SPORTS INC (SGN) has a support level at 1.23 and a resistance level at 1.29. Check the full technical report for our detailed analysis of SGN support and resistance levels.