LON:SGRO - London Exchange - GB00B5ZN1N88 - REIT - Currency: GBX
Taking everything into account, SGRO scores 1 out of 10 in our technical rating. SGRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SGRO 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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 686.06, a Stop Loss order could be placed below this zone.
663.43
We found 1 important support area.
We found 1 important resistance area.
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 SGRO.L is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SGRO.L is neutral. |
ChartMill Relative Strength | 10.64 | NEGATIVE | SGRO.L has a low relative strength, it was outperformed by 89.36% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGRO.L is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SGRO.L is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SGRO.L is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 52.65 | NEUTRAL | The RSI value for SGRO.L is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests SGRO.L has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 50.16 | NEUTRAL | The Stochastics value for SGRO.L is a neutral value. |
Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for SGRO.L suggests some volalility. |
Average Directional Index/ADX (14) | 12.13 | NEGATIVE | The low ADX value for SGRO.L suggests a weak or negative trend. |
LON:SGRO (6/18/2025, 5:29:50 PM)
697.6
+7.6 (+1.1%)