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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Sagimet Biosciences Inc. (NASDAQ:SGMT)

Weak Downtrend (-65) - SGMT is showing signs of a strengthening downtrend. Monitor SGMT as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SGMT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGMT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SGMT
Open High Low SGMT Price Change
4.2300 4.4400 4.0400 4.4339 +0.1039
Entry Signal

MarketClub’s Trade Triangles for SGMT

long term down The long-term trend has been DOWN since Apr 19th, 2024 at 3.85

intermediate term down The intermediate-term trend has been DOWN since Feb 6th, 2024 at 6.18

short term down The short-term trend has been DOWN since May 8th, 2024 at 4.16

Smart Scan Analysis for SGMT

Based on our trend formula, SGMT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SGMT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2300 4.4400 4.0400 4.4339 +0.1039
Prev. Close Volume Bid Ask Time
4.3300 293714 2024-05-08 15:59:40
52wk High20.7152wk High Date2024-01-22
52wk Low2.1352wk Low Date2023-11-13
Average Volume442,983Shares Outstanding30,393
Assets96,719,000MLiabilities5,654,000M
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