STONE ENERGY CORP (SGY) Technical Analysis
NYSE:SGY
Current stock price
SGY Technical Rating and Analysis
Taking everything into account, SGY scores 7 out of 10 in our technical rating. In the last year, SGY was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- 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. We also observe that the gains produced by SGY over the past year are nicely spread over this period.
- SGY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SGY is performing more or less in line with the market.
- 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 Weekly and Daily overview Charts
SGY Setup Rating and Analysis
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
SGY Support and Resistance Analysis
20.03
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.
We can see 4 important resistance areas.
- 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.
SGY Technical Indicator Signal Analysis
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. |
SGY Chart- and CandleStick Pattern Analysis
SGY Technicals: Chart, Performance Metrics, Trend & Indicators
35.49
+0.95 (+2.75%)
STONE ENERGY CORP / SGY TA FAQ
What is the technical rating for SGY stock?
ChartMill assigns a technical rating of 6 / 10 to SGY.
What is the trend direction for SGY stock?
The current trend direction for STONE ENERGY CORP (SGY) is Bearish.
What is the RSI signal for SGY stock?
STONE ENERGY CORP (SGY) has an RSI value of 49.6081. This indicates that the stock is currently neutral.
What is the MACD signal for STONE ENERGY CORP (SGY) stock?
The MACD indicator for STONE ENERGY CORP (SGY) has a value of -0.276349, indicating a bearish trend.
What is the support and resistance level for SGY stock?
STONE ENERGY CORP (SGY) has a support level at 35.42 and a resistance level at 36.23. Check the full technical report for our detailed analysis of SGY support and resistance levels.