Technical Analysis for SGN - Solgenics Limited

Grade Last Price % Change Price Change
D 0.61 -9.63% -0.07
SGN closed down 6.9 percent on Thursday, March 23, 2023, on 1.88 times normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish -9.63%
Hot IPO Pullback Bullish Swing Setup -9.63%
Wide Range Bar Range Expansion -9.63%
New 52 Week Low Weakness -9.63%
Outside Day Range Expansion -9.63%
NR7 Range Contraction -15.86%
Hammer Candlestick Bullish -15.86%
Lizard Bullish Bullish Day Trade Setup -15.86%
Hot IPO Pullback Bullish Swing Setup -15.86%
Doji - Bullish? Reversal -15.86%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 5% about 2 hours ago
Down 1 ATR about 2 hours ago
5x Volume Pace about 2 hours ago
3x Volume Pace about 2 hours ago
2x Volume Pace about 2 hours ago

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Profile

Solgenics Limited operates as a power supply solutions company in Africa. The company focuses on the development of a 300MW solar PV plus BESS renewable energy in the Tete Province in northern Mozambique. The company was formerly known as Ncondezi Energy Limited and changed its name to Solgenics Limited in March 2023. Solgenics Limited was incorporated in 2006 and is based in Road Town, the British Virgin Islands.
Classification

Keywords: Renewable Energy Low Carbon Economy Bright Green Environmentalism Renewable Energy Technology Technological Change

Is SGN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.827
52 Week Low 0.6586
Average Volume 814,023
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 0.00
10-Day Moving Average 0.74
Average True Range 0.04
RSI 13.79
ADX 0.0
+DI 6.02
-DI 30.95
Chandelier Exit (Long, 3 ATRs) 0.69
Chandelier Exit (Short, 3 ATRs) 0.79
Upper Bollinger Bands 0.00
Lower Bollinger Band 0.00
Percent B (%b) 0.0
BandWidth 0.00
MACD Line -0.01
MACD Signal Line 0.00
MACD Histogram -0.0076
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.81
Resistance 3 (R3) 0.82 0.78 0.79
Resistance 2 (R2) 0.78 0.75 0.78 0.78
Resistance 1 (R1) 0.73 0.73 0.71 0.72 0.77
Pivot Point 0.69 0.69 0.68 0.69 0.69
Support 1 (S1) 0.64 0.66 0.62 0.63 0.58
Support 2 (S2) 0.60 0.64 0.60 0.57
Support 3 (S3) 0.55 0.60 0.56
Support 4 (S4) 0.54