STONE ENERGY CORP (SGY) Stock Technical Analysis
NYSE:SGY - New York Stock Exchange, Inc. -
Overall SGY gets a technical rating of 7 out of 10. SGY was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
When comparing the yearly performance of all stocks, we notice that SGY is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, SGY also shows a nice and consistent pattern of rising prices.
SGY 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 SGY is lagging the market slightly.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month SGY has a been trading in the 32.53 - 40.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
SGY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
20.03
39.94
We found 5 important support areas.
- A support zone ranging from 34.95 to 35.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.27 from a horizontal line in the weekly time frame.
- A support zone ranging from 32.74 to 32.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.23 from a trend line in the daily time frame.
- Support @20.23 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 36.23 to 36.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.77 from a trend line in the weekly time frame.
- Resistance @38.78 from a horizontal line in the weekly time frame.
- Resistance @39.54 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 | NEUTRAL | NEUTRAL | The long term trend for SGY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SGY is neutral. |
| ChartMill Relative Strength | 91.83 | POSITIVE | SGY has a high relative strength, it outperformed 91.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.61 | NEUTRAL | The RSI value for SGY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests SGY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.34 | NEUTRAL | The Stochastics value for SGY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.3 | MEDIUM VOLATILITY | The ATR as a percentage value for SGY suggests some volalility. |
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)
35.49
+0.95 (+2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.75%
1 Week-2.07%
2 Weeks-2.79%
1 Month-3.38%
3 Month14.74%
6 Month5.47%
12 Month66.31%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.6
ATR(20)%4.3%
ATR Inc12.42%
Range Today0.68
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
CRS91.83
Mansfield1.75
10 Day High37.2
10 Day Low32.53
20 Day High40.16
20 Day Low32.53
52 Week High40.16
52 Week Low16.76
CS1 End35.42
CR1 Start36.23
Volume & EV
DER(3)-3.29%
DER(5)0.46%
Volume205.50K
Volume Incr48.81%
Vol(5)255.10K
Vol(50)184.14K