SOW GOOD INC (SOWG) Technical Analysis
NASDAQ:SOWG • US84612H1068
Current stock price
SOWG Technical Rating and Analysis
Overall SOWG gets a technical rating of 1 out of 10. SOWG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 91% of all other stocks performed better in the past year than SOWG.
- SOWG is one of the lesser performing stocks in the Food Products industry. 76% of 87 stocks in the same industry do better.
- SOWG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SOWG is lagging the market.
- SOWG has an average volume of 1148700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SOWG has a been trading in the 0.36 - 0.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
SOWG Weekly and Daily overview Charts
SOWG Setup Rating and Analysis
Although the technical rating is bad, SOWG does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
SOWG Support and Resistance Analysis
0.38
We found 1 important support area.
- Support @0.38 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.58 from a trend line in the weekly time frame.
- Resistance @0.76 from a trend line in the daily time frame.
- Resistance @0.99 from a horizontal line in the daily time frame.
SOWG 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 SOWG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOWG is neutral. |
| ChartMill Relative Strength | 9.28 | NEGATIVE | SOWG has a low relative strength, it was outperformed by 90.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOWG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOWG is below a declining 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) | 54.91 | NEUTRAL | The RSI value for SOWG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SOWG has a positive trend. |
| Stochastics (14,3) | 42.45 | NEUTRAL | The Stochastics value for SOWG is a neutral value. |
| Average True Range in percent/ATR (20) | 12.58 | HIGH VOLATILITY | The high ATR as a percentage value for SOWG suggests high volalility. |
| Average Directional Index/ADX (14) | 21.77 | NEUTRAL | The ADX value for SOWG suggests a possible start of a new trend. |
SOWG Chart- and CandleStick Pattern Analysis
SOWG Technicals: Chart, Performance Metrics, Trend & Indicators
0.481
+0.01 (+1.05%)
SOW GOOD INC / SOWG TA FAQ
Can you provide the ChartMill technical rating for SOW GOOD INC?
ChartMill assigns a technical rating of 1 / 10 to SOWG.
Can you provide the trend direction for SOW GOOD INC?
The current trend direction for SOW GOOD INC (SOWG) is Bearish.
Can you provide the RSI signal for SOW GOOD INC?
SOW GOOD INC (SOWG) has an RSI value of 54.9123. This indicates that the stock is currently neutral.
What is the short term momentum for SOWG stock?
The short term momentum for SOW GOOD INC (SOWG) is neutral.
Can you provide the support and resistance levels for SOW GOOD INC?
SOW GOOD INC (SOWG) has a support level at 0.38 and a resistance level at 0.53. Check the full technical report for our detailed analysis of SOWG support and resistance levels.