Taking everything into account, SGTX scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SGTX has proven to be a steady performer, scoring decent points in every aspect analyzed.
SGTX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 21.18, a Stop Loss order could be placed below this zone.
More info and screens
20.71
We found 1 important support area.
- A support zone ranging from 20.92 to 21.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @22.51 from a horizontal line in the weekly time frame.
- Resistance @23.06 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 SGTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGTX is up. |
| ChartMill Relative Strength | 99.58 | POSITIVE | SGTX has a high relative strength, it outperformed 99.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.27 | OVERBOUGHT | The high RSI value suggests SGTX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests SGTX has a negative trend. |
| Stochastics (14,3) | 70.34 | NEUTRAL | The Stochastics value for SGTX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for SGTX suggests some volalility. |
| Average Directional Index/ADX (14) | 62.87 | POSITIVE | The high ADX value value for SGTX suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.52 | 20.91 | 1.61 (7.15%) | 13.99% |
| An entry @22.52. This is a Buy Stop order right above the resistance zone. | An exit @20.91. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.61 points, which is 7.15%. | For a 1.00% total portfolio risk, you can invest 13.99% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
22.47
-0.59 (-2.56%)
SIGILON THERAPEUTICS INC / SGTX FAQ
What is the ChartMill technical rating of SIGILON THERAPEUTICS INC (SGTX) stock?
ChartMill assigns a technical rating of 8 / 10 to SGTX.
What is the current trend direction of SIGILON THERAPEUTICS INC (SGTX) stock?
The current trend direction for SIGILON THERAPEUTICS INC (SGTX) is Bullish.
Can you provide the RSI signal for SIGILON THERAPEUTICS INC?
SIGILON THERAPEUTICS INC (SGTX) has an RSI value of 71.2671. This indicates that the stock is currently overbought.
What is the short term momentum for SIGILON THERAPEUTICS INC (SGTX) stock?
The short term momentum for SIGILON THERAPEUTICS INC (SGTX) is positive.
What is the support and resistance level for SGTX stock?
SIGILON THERAPEUTICS INC (SGTX) has a support level at 21.18 and a resistance level at 22.51. Check the full technical report for our detailed analysis of SGTX support and resistance levels.