SOGO Technical Analysis - Sogou Inc ADR

Technical Rating and Analysis

Overall SOGO gets a technical rating of 6 out of 10. Although SOGO is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

When comparing the yearly performance of all stocks, SOGO is a bad performer in the overall market: 62% of all stocks are doing better.

The long and short term trends are both positive. This is looking good!

A new 52 week high is currently being made by SOGO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.

SOGO is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, SOGO did better than 51% of them.

In the last month SOGO has a been trading in a tight range between 8.73 and 8.95.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

SOGO has an average technical rating and it also does not offer a high 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

7.61

9.05

We found 4 important support areas.

A support zone ranging from 8.69 to 8.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 8.42 to 8.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
Strong support @8.23 from a horizontal line in the daily time frame.
Support @7.69 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

A resistance zone ranging from 8.96 to 8.96. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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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	UP	POSITIVE	The long term trend for SOGO is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for SOGO is up.
ChartMill Relative Strength	38.03	NEUTRAL	SOGO is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of SOGO is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of SOGO is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of SOGO is above the rising SMA(200).
Relative Strength Index/RSI (14)	69.59	NEUTRAL	The RSI value for SOGO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests SOGO has a positive trend.
Stochastics (14,3)	98.48	OVERBOUGHT	The high Stochastics value suggests SOGO may be overbought.
Average True Range in percent/ATR (20)	0.52	LOW VOLATILITY	The low ATR as a percentage value for SOGO suggests low volalility.