SIGMA DESIGNS INC (SIGM) Stock Technical Analysis
USA - NASDAQ:SIGM - US8265651039
Taking everything into account, SIGM scores 0 out of 10 in our technical rating. SIGM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of SIGM 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
0.14
We found 1 important resistance area.
- A resistance zone ranging from 6.10 to 6.15. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for SIGM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SIGM is down. |
| ChartMill Relative Strength | 0.05 | NEGATIVE | SIGM has a low relative strength, it was outperformed by 99.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SIGM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SIGM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SIGM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 4.26 | OVERSOLD | The low RSI value suggests SIGM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests SIGM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 0.75 | OVERSOLD | The low Stochastics value suggests SIGM may be oversold. |
| Average True Range in percent/ATR (20) | 249.13 | HIGH VOLATILITY | The high ATR as a percentage value for SIGM suggests high volalility. |
NASDAQ:SIGM (9/10/2018, 6:05:15 PM)
0.1448
-0.09 (-38.38%)
SIGMA DESIGNS INC / SIGM FAQ
What is the ChartMill technical rating of SIGMA DESIGNS INC (SIGM) stock?
ChartMill assigns a technical rating of 0 / 10 to SIGM.
What is the current trend direction of SIGMA DESIGNS INC (SIGM) stock?
The current trend direction for SIGMA DESIGNS INC (SIGM) is Bearish.
What is the RSI signal for SIGM stock?
SIGMA DESIGNS INC (SIGM) has an RSI value of 4.25884. This indicates that the stock is currently oversold.
What is the MACD signal for SIGM stock?
The MACD indicator for SIGMA DESIGNS INC (SIGM) has a value of -0.373663, indicating a bearish trend.
What is the support and resistance level for SIGM stock?
SIGMA DESIGNS INC (SIGM) has a resistance level at 6.1. Check the full technical report for our detailed analysis of SIGM support and resistance levels.