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Stock Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Sagimet Biosciences Inc. (NASDAQ:SGMT)

Bull Market Weakness (+75) - SGMT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGMT as it may be in the beginning stages of a reversal.

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.

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Open High Low SGMT Price Change
5.02 5.33 5.02 5.32 +0.15
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 up The intermediate-term trend has been UP since May 20th, 2024 at 4.95

short term up The short-term trend has been UP since May 22nd, 2024 at 5.03

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).

Smart Scan Analysis for SGMT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.02 5.33 5.02 5.32 +0.15
Prev. Close Volume Bid Ask Time
5.17 151181 2024-05-29 10:58:37
52wk High20.7152wk High Date2024-01-22
52wk Low2.1352wk Low Date2023-11-13
Average Volume488,578Shares Outstanding30,393
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