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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.

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
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).

+70
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
Assets96,719,000MLiabilities5,654,000M
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