SOW GOOD INC (SOWG) Stock Technical Analysis
NASDAQ:SOWG - Nasdaq - US84612H1068 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to SOWG. SOWG'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SOWG is a bad performer in the overall market: 98% of all stocks are doing better.
SOWG is part of the Food Products industry. There are 91 other stocks in this industry, of which 85% are performing better than SOWG.
SOWG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SOWG has a been trading in the 0.77 - 2.12 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
SOWG has an average volume of 1899230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
SOWG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.80, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SOWG 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
0.79
1.44
When analyzing the support we notice one important area.
- A support zone ranging from 0.80 to 0.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @1.14 from a trend line in the daily time frame.
- Resistance @1.43 from a trend line 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 SOWG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOWG is down. |
| ChartMill Relative Strength | 2.86 | NEGATIVE | SOWG has a low relative strength, it was outperformed by 97.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOWG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SOWG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOWG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.95 | NEUTRAL | The RSI value for SOWG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SOWG has a negative trend. |
| Stochastics (14,3) | 5.19 | OVERSOLD | The low Stochastics value suggests SOWG may be oversold. |
| Average True Range in percent/ATR (20) | 20.38 | HIGH VOLATILITY | The high ATR as a percentage value for SOWG suggests high volalility. |
| Average Directional Index/ADX (14) | 38.37 | POSITIVE | The high ADX value value for SOWG suggests a strong 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)
0.8088
0 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.32%
1 Week-13.5%
2 Weeks-8.09%
1 Month-0.15%
3 Month-2.45%
6 Month-70.91%
12 Month-95.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%20.38%
ATR Inc-53.48%
Range Today0.1
ADR(20)0.16
ADR(20)%19.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.86
Mansfield-8.25
10 Day High2.12
10 Day Low0.8
20 Day High2.12
20 Day Low0.77
52 Week High20.69
52 Week Low0.52
CS1 End0.8
CR1 Start1.14
Volume & EV
DER(3)15.78%
DER(5)10.47%
Volume73.70K
Volume Incr-96.05%
Vol(5)174.27K
Vol(50)1.90M