Sgoco Group Ltd (SGOC) Stock Technical Analysis
NASDAQ:SGOC - Nasdaq -
Overall SGOC gets a technical rating of 6 out of 10. In the last year, SGOC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
SGOC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SGOC is lagging the market.
In the last month SGOC has a been trading in the 5.83 - 8.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that SGOC is one of the better performing stocks in the market, outperforming 99% of all stocks.
SGOC is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry. SGOC outperforms 98% of them.
Considerably lower volume is observed in the last couple of days.
SGOC has only a medium 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 support zone below the current price at 6.16, a Stop Loss order could be placed below this zone.
More info and screens
5.50
6.98
We found 4 important support areas.
- A support zone ranging from 6.11 to 6.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.95 from a trend line in the weekly time frame.
- Support @5.71 from a horizontal line in the weekly time frame.
- Support @5.56 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.24 to 6.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.52 from a trend line in the daily time frame.
- A resistance zone ranging from 6.82 to 6.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.28
Mansfield4.83
10 Day High7.74
10 Day Low5.86
20 Day High8
20 Day Low5.84
52 Week High29
52 Week Low0.96
Performance
1 Week-1.12%
2 Weeks0.32%
1 Month6.16%
3 Month9.15%
6 Month262.57%
12 Month427.48%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)49.27
LBB5.85
UBB6.62
6.2
-0.02 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.32%
1 Week-1.12%
2 Weeks0.32%
1 Month6.16%
3 Month9.15%
6 Month262.57%
12 Month427.48%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%8.85%
ATR Inc-61.42%
Range Today0.17
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
CRS99.28
Mansfield4.83
10 Day High7.74
10 Day Low5.86
20 Day High8
20 Day Low5.84
52 Week High29
52 Week Low0.96
CS1 End6.16
CR1 Start6.24
Volume & EV
DER(3)-0.63%
DER(5)-0.28%
Volume129.10K
Volume Incr-81.41%
Vol(5)180.58K
Vol(50)983.05K