NASDAQ:SNGX - Nasdaq - US8342236044 - Common Stock - Currency: USD
Taking everything into account, SNGX scores 1 out of 10 in our technical rating. SNGX'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.
Although the technical rating is bad, SNGX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for SNGX in the last couple of days, which is a good sign.
1.24
When analyzing the support we notice one important area.
We can see 2 important resistance areas.
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 SNGX is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNGX is down. |
ChartMill Relative Strength | 2.3 | NEGATIVE | SNGX has a low relative strength, it was outperformed by 97.7% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNGX is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNGX is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SNGX is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 46.43 | NEUTRAL | The RSI value for SNGX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SNGX has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 85.59 | OVERBOUGHT | The high Stochastics value suggests SNGX may be overbought. |
Average True Range in percent/ATR (20) | 9.52 | HIGH VOLATILITY | The high ATR as a percentage value for SNGX suggests high volalility. |
Average Directional Index/ADX (14) | 24.82 | NEUTRAL | The ADX value for SNGX suggests a possible start of a new trend. |
1.39
-0.03 (-2.11%)