SUI GROUP HOLDINGS LTD (SUIG) Stock Technical Analysis
USA - NASDAQ:SUIG - US59982U2006 - Common Stock
We assign a technical rating of 1 out of 10 to SUIG. SUIG performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of SUIG is bad and it also does not present a 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
2.82
We can see 2 important resistance areas.
- A resistance zone ranging from 2.98 to 2.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @4.60 from a horizontal 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 | UP | POSITIVE | The long term trend for SUIG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SUIG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SUIG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SUIG is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 37.09 | NEUTRAL | The RSI value for SUIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SUIG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.45 | OVERSOLD | The low Stochastics value suggests SUIG may be oversold. |
| Average True Range in percent/ATR (20) | 12.64 | HIGH VOLATILITY | The high ATR as a percentage value for SUIG suggests high volalility. |
| Average Directional Index/ADX (14) | 30.7 | POSITIVE | The high ADX value value for SUIG suggests a strong trend. |
2.85
-0.13 (-4.36%)
SUI GROUP HOLDINGS LTD / SUIG FAQ
What is the ChartMill technical rating of SUI GROUP HOLDINGS LTD (SUIG) stock?
ChartMill assigns a technical rating of 1 / 10 to SUIG.
What is the trend direction for SUIG stock?
The current trend direction for SUI GROUP HOLDINGS LTD (SUIG) is Bullish.
What is the RSI signal for SUIG stock?
SUI GROUP HOLDINGS LTD (SUIG) has an RSI value of 37.0912. This indicates that the stock is currently neutral.
What is the short term momentum for SUIG stock?
The short term momentum for SUI GROUP HOLDINGS LTD (SUIG) is negative.
What is the buy/sell signal for SUIG stock?
The buy/sell signal for SUI GROUP HOLDINGS LTD (SUIG) is hold as the short term and long term trends are mixed.