SOW GOOD INC (SOWG) Stock Technical Analysis
USA - NASDAQ:SOWG - US84612H1068 - Common Stock
0.9904 USD
+0.05 (+5.12%)
0.925 USD
-0.07 (-6.6%)
We assign a technical rating of 5 out of 10 to SOWG. In the past year, SOWG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, SOWG is a bad performer in the overall market: 95% of all stocks are doing better.
SOWG is one of the lesser performing stocks in the Food Products industry. 81% of 89 stocks in the same industry do better.
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 0.60 - 1.21 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SOWG has an average volume of 2174910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SOWG 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.
More info and screens
0.58
1.03
5 important support areas can be observed.
- A support zone ranging from 0.98 to 0.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.78 to 0.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.71 from a trend line in the weekly time frame.
- A support zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.59 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.02 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for SOWG is up. |
| ChartMill Relative Strength | 5.73 | NEGATIVE | SOWG has a low relative strength, it was outperformed by 94.27% 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) | UP | POSITIVE | The current price of SOWG is above 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) | 66.17 | NEUTRAL | The RSI value for SOWG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SOWG has a positive trend. |
| Stochastics (14,3) | 67.19 | NEUTRAL | The Stochastics value for SOWG is a neutral value. |
| Average True Range in percent/ATR (20) | 8.94 | HIGH VOLATILITY | The high ATR as a percentage value for SOWG suggests high volalility. |
| Average Directional Index/ADX (14) | 17.36 | NEGATIVE | The low ADX value for SOWG suggests a weak or negative 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)
0.9904
+0.05 (+5.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg5.12%
1 Week19.02%
2 Weeks32.58%
1 Month56.71%
3 Month24.85%
6 Month-35.69%
12 Month-92.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%8.94%
ATR Inc270.49%
Range Today0.28
ADR(20)0.09
ADR(20)%8.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.73
Mansfield-6.9
10 Day High1.21
10 Day Low0.67
20 Day High1.21
20 Day Low0.6
52 Week High13.08
52 Week Low0.51
CS1 End0.98
CR1 Start1.02
Volume & EV
DER(3)-0.87%
DER(5)-7.56%
Volume11.55M
Volume Incr2638.38%
Vol(5)3.11M
Vol(50)2.17M