STAR GROUP LP (SGU) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:SGU • US85512C1053
Overall SGU gets a technical rating of 8 out of 10. Although SGU is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- SGU is part of the Gas Utilities industry. There are 14 other stocks in this industry, of which 84% are performing better than SGU.
- The long and short term trends are both positive. This is looking good!
- SGU 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 SGU is lagging the market slightly.
- In the last month SGU has a been trading in the 12.08 - 13.49 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, SGU outperforms 49% of them, which is more or less in line with the market.
SGU has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.38. Right above this resistance zone may be a good entry point.
More info and screens
11.09
3 important support areas can be observed.
- A support zone ranging from 12.93 to 12.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.84 to 11.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.20 to 11.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 13.38 to 13.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SGU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGU is up. |
| ChartMill Relative Strength | 49.15 | NEUTRAL | SGU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.13 | NEUTRAL | The RSI value for SGU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SGU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.4 | NEUTRAL | The Stochastics value for SGU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for SGU suggests some volalility. |
| Average Directional Index/ADX (14) | 47.74 | POSITIVE | The high ADX value value for SGU 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 |
|---|---|---|---|
| 13.47 | 12.92 | 0.55 (4.08%) | 24.49% |
| An entry @13.47. This is a Buy Stop order right above the resistance zone. | An exit @12.92. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.55 points, which is 4.08%. | When investing 24.49% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
13.03
-0.2 (-1.51%)
STAR GROUP LP / SGU FAQ
What is the ChartMill technical rating of STAR GROUP LP (SGU) stock?
ChartMill assigns a technical rating of 8 / 10 to SGU.
What is the current trend direction of STAR GROUP LP (SGU) stock?
The current trend direction for STAR GROUP LP (SGU) is Bullish.
What is the RSI signal for STAR GROUP LP (SGU) stock?
STAR GROUP LP (SGU) has an RSI value of 63.1345. This indicates that the stock is currently neutral.
What is the MACD signal for SGU stock?
The MACD indicator for STAR GROUP LP (SGU) has a value of 0.0300353, indicating a bearish trend.
Can you provide the buy/sell signal for STAR GROUP LP?
The buy/sell signal for STAR GROUP LP (SGU) is buy as both the short term and long term trends are positive.