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Stock Trend Analysis Report

Prepared for you on Thursday, May 2, 2024.

Sagimet Biosciences Inc. (NASDAQ:SGMT)

Countertrend Down (-85) - SGMT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
4.38 4.95 4.25 4.47 +0.36
Entry Signal

MarketClub’s Trade Triangles for SGMT

long term down The long-term trend has been DOWN since Apr 19th, 2024 at 3.8500

intermediate term down The intermediate-term trend has been DOWN since Feb 6th, 2024 at 6.1800

short term up The short-term trend has been UP since Apr 29th, 2024 at 4.2699

Smart Scan Analysis for SGMT

Based on our trend formula, SGMT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SGMT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.38 4.95 4.25 4.47 +0.36
Prev. Close Volume Bid Ask Time
4.11 848180 2024-05-02 12:45:17
52wk High20.7152wk High Date2024-01-22
52wk Low2.1352wk Low Date2023-11-13
Average Volume406,514Shares Outstanding30,393
Assets96,719,000MLiabilities5,654,000M
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