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Message: T/A on SGR

T/A on SGR

posted on Jun 10, 2008 06:01AM

Technical Indicators


  • The 20 and 50 day moving averages indicate that SGR may be in a bullish trend. This is because the 20 day moving average is above the 50 day moving average.
  • SGR is trading above its 20 day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and signals that there has been buying interest in this stock.
  • SGR is trading within its Bollinger Bands. This is a normal condition and means that the stock is neither overbought nor oversold relative to the price action over the last 20 days.
  • SGR's recent volatility has been greater than normal. This is evidenced by the increased distance between the upper and lower Bollinger Bands. These bands measure volatility using standard deviation and a large width is due to high volatility.

Note: Momentum and Volume indicators below are ranked by the relevance of their current signals.

MACD - Moving Average Convergence Divergence


  • The MACD is presently offering a bullish signal because it is above the signal line, a 9 day moving average, and higher than 0, which means that the underlying moving averages are trending higher.

OBV - On Balance Volume


  • The On Balance Volume indicator (OBV) presently offers a bullish signal. This is because the slope of the indicator is positive and shows that there is considerable buying interest.

Stochastic Oscillator


  • The Stochastic Oscillator is registering a strong bearish signal as the %K line has crossed under the %D and the oscillator recently crossed below the critical value of 80, moving from its overbought condition.

Volume Rate of Change


  • The Volume Rate of Change has just spiked. This important volume signal will help confirm the direction of the most current trend.

RSI - Relative Strength Indicator


  • RSI is weakening as it has recently dropped below the critical level of 70 and now stands at 65.12%. While this signals that SGR is no longer overbought, the internal strength of the stock appears to be waning.

Jun 10, 2008 06:02AM
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