SIGA TECHNOLOGIES INC (SIGA) Stock Technical Analysis
NASDAQ:SIGA - Nasdaq - US8269171067 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to SIGA. Recently some decent action could be observed, but in the medium term time frame this is still negative. SIGA was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SIGA is a bad performer in the overall market: 74% of all stocks are doing better.
SIGA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SIGA is lagging the market.
In the last month SIGA has a been trading in the 5.34 - 6.27 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
SIGA is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, SIGA did better than 52% of them.
Although the technical rating is only medium, SIGA does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
5.16
6.58
When analyzing the support we can see 4 important areas.
- A support zone ranging from 5.86 to 6.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.49 from a trend line in the weekly time frame.
- Support @5.38 from a horizontal line in the weekly time frame.
- A support zone ranging from 5.21 to 5.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.06 to 6.10. 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 6.20 to 6.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.40 to 6.51. 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 SIGA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SIGA is neutral. |
| ChartMill Relative Strength | 26.22 | NEGATIVE | SIGA has a low relative strength, it was outperformed by 73.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SIGA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SIGA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SIGA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.96 | NEUTRAL | The RSI value for SIGA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SIGA has a negative trend. |
| Stochastics (14,3) | 55.36 | NEUTRAL | The Stochastics value for SIGA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for SIGA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.34 | NEGATIVE | The low ADX value for SIGA suggests a weak or negative trend. |
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)
6.03
+0.15 (+2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.55%
1 Week0.84%
2 Weeks3.25%
1 Month10.85%
3 Month5.98%
6 Month-13.36%
12 Month-21.48%
2 Year19.41%
3 Year-47.93%
5 Year2.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%3.88%
ATR Inc40.81%
Range Today0.19
ADR(20)0.22
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.22
Mansfield-1.67
10 Day High6.27
10 Day Low5.71
20 Day High6.27
20 Day Low5.34
52 Week High12.83
52 Week Low4.95
CS1 End5.49
CR1 Start5.88
Volume & EV
DER(3)-5.43%
DER(5)-1.79%
Volume385.50K
Volume Incr4.87%
Vol(5)478.28K
Vol(50)531.73K