STAR GROUP LP (SGU) Technical Analysis
NYSE:SGU • US85512C1053
Taking everything into account, SGU scores 2 out of 10 in our technical rating. In the last year, SGU was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 61% of all other stocks performed better in the past year than SGU.
- SGU is part of the Gas Utilities industry. There are 15 other stocks in this industry, of which 100% are performing better than SGU.
- In the last month SGU has a been trading in the 12.22 - 13.25 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: SGU has an average volume of 28738 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- SGU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SGU is lagging the market slightly.
The technical rating of SGU is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.09
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.84 to 12.01. 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.87 to 13.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 13.36 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 | NEUTRAL | NEUTRAL | The long term trend for SGU is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGU is down. |
| ChartMill Relative Strength | 39.45 | 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 | POSITIVE | The current price of SGU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.57 | NEUTRAL | The RSI value for SGU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SGU has a negative trend. |
| Stochastics (14,3) | 8.73 | OVERSOLD | The low Stochastics value suggests SGU may be oversold. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for SGU suggests some volalility. |
| Average Directional Index/ADX (14) | 21.45 | NEUTRAL | The ADX value for SGU suggests a possible start of a new trend. |
SGU Technicals: Chart, Performance Metrics, Trend & Indicators
12.34
-0.19 (-1.52%)
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.
What is the current trend direction of STAR GROUP LP (SGU) stock?
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 32.5733. 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 -0.0847775, indicating a bearish trend.