STAR GROUP LP (SGU) Stock Technical Analysis
USA - NYSE:SGU - US85512C1053 - Common Stock
We assign a technical rating of 2 out of 10 to SGU. SGU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SGU does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 11.65, a Stop Loss order could be placed below this zone.
More info and screens
11.09
We found 2 important support areas.
- A support zone ranging from 11.53 to 11.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.20 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.71 to 12.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.38 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for SGU is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SGU is neutral. |
| ChartMill Relative Strength | 37.94 | NEUTRAL | SGU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SGU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SGU is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.73 | NEUTRAL | The RSI value for SGU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SGU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.16 | NEUTRAL | The Stochastics value for SGU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for SGU suggests some volalility. |
| Average Directional Index/ADX (14) | 17.05 | NEGATIVE | The low ADX value for SGU suggests a weak or negative trend. |
11.68
+0.18 (+1.57%)
STAR GROUP LP / SGU FAQ
What is the ChartMill technical rating of STAR GROUP LP (SGU) stock?
ChartMill assigns a technical rating of 2 / 10 to SGU.
Can you provide the trend direction for STAR GROUP LP?
The current trend direction for STAR GROUP LP (SGU) is Bearish.
What is the RSI signal for STAR GROUP LP (SGU) stock?
STAR GROUP LP (SGU) has an RSI value of 48.7268. This indicates that the stock is currently neutral.
What is the MACD signal for STAR GROUP LP (SGU) stock?
The MACD indicator for STAR GROUP LP (SGU) has a value of -0.0251564, indicating a bearish trend.
What are the support and resistance levels for STAR GROUP LP (SGU) stock?
STAR GROUP LP (SGU) has a support level at 11.65 and a resistance level at 11.71. Check the full technical report for our detailed analysis of SGU support and resistance levels.