SIGA TECHNOLOGIES INC (SIGA) Technical Analysis
NASDAQ:SIGA • US8269171067
Current stock price
SIGA Technical Rating and Analysis
Taking everything into account, SIGA scores 0 out of 10 in our technical rating. SIGA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SIGA is a bad performer in the overall market: 80% of all stocks are doing better.
- SIGA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index 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 4.81 - 6.16 range, which is quite wide. It is currently trading near the lows of this range.
- SIGA is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, SIGA did better than 45% of them.
- Volume is considerably higher in the last couple of days.
SIGA Weekly and Daily overview Charts
SIGA Setup Rating and Analysis
Although the technical rating is bad, SIGA does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.24. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for SIGA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
SIGA Support and Resistance Analysis
4.80
We found 1 important support area.
- Support @4.85 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 5.24 to 5.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.10 to 6.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.56 from a trend line in the daily time frame.
- Resistance @6.85 from a horizontal line in the daily time frame.
- Resistance @8.56 from a trend line in the weekly time frame.
SIGA 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 | DOWN | NEGATIVE | The long term trend for SIGA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SIGA is down. |
| ChartMill Relative Strength | 20.55 | NEGATIVE | SIGA has a low relative strength, it was outperformed by 79.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SIGA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SIGA is below a declining 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) | 41.99 | NEUTRAL | The RSI value for SIGA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SIGA has a positive trend. |
| Stochastics (14,3) | 61.63 | NEUTRAL | The Stochastics value for SIGA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.32 | HIGH VOLATILITY | The high ATR as a percentage value for SIGA suggests high volalility. |
| Average Directional Index/ADX (14) | 37.36 | POSITIVE | The high ADX value value for SIGA suggests a strong trend. |
SIGA Chart- and CandleStick Pattern Analysis
SIGA Technicals: Chart, Performance Metrics, Trend & Indicators
5.24
+0.07 (+1.35%)
SIGA TECHNOLOGIES INC / SIGA TA FAQ
Can you provide the ChartMill technical rating for SIGA TECHNOLOGIES INC?
ChartMill assigns a technical rating of 0 / 10 to SIGA.
What is the current trend direction of SIGA TECHNOLOGIES INC (SIGA) stock?
The current trend direction for SIGA TECHNOLOGIES INC (SIGA) is Bearish.
Can you provide the RSI signal for SIGA TECHNOLOGIES INC?
SIGA TECHNOLOGIES INC (SIGA) has an RSI value of 41.9878. This indicates that the stock is currently neutral.
What is the short term momentum for SIGA stock?
The short term momentum for SIGA TECHNOLOGIES INC (SIGA) is negative.
What is the buy/sell signal for SIGA stock?
The buy/sell signal for SIGA TECHNOLOGIES INC (SIGA) is sell as both the short term and long term trends are negative.