SIGILON THERAPEUTICS INC (SGTX) Stock Technical Analysis
NASDAQ:SGTX - Nasdaq - US82657L2060 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to SGTX. 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.
Both the short term and long term trends are positive. This is a very positive sign.
SGTX is part of the Biotechnology industry. There are 555 other stocks in this industry. SGTX outperforms 99% of them.
SGTX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SGTX is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that SGTX is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month SGTX has a been trading in the 20.61 - 23.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SGTX 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
23.29
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.
We can see 2 important resistance 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. |
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)
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 trade has a worst case loss of 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%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.56%
1 Week4.27%
2 Weeks5.25%
1 Month4.95%
3 Month258.23%
6 Month161.89%
12 Month136.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%3.81%
ATR Inc7.24%
Range Today1.02
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
CRS99.58
Mansfield11.71
10 Day High23.79
10 Day Low20.61
20 Day High23.79
20 Day Low20.61
52 Week High28
52 Week Low3.77
CS1 End21.18
CR1 Start22.51
Volume & EV
DER(3)-2.22%
DER(5)-1.89%
Volume83.60K
Volume Incr32.46%
Vol(5)53.34K
Vol(50)145.88K