Technical Analysis for SPGC - Sacks Parente Golf, Inc.

Grade Last Price % Change Price Change
D 0.52 -2.10% -0.01
SPGC closed down 2.1 percent on Monday, July 1, 2024, on 7 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It was able to find support at its 50 day moving average.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Down

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
New Uptrend Bullish 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
20 DMA Support Bullish -2.10%
50 DMA Support Bullish -2.10%
Gapped Down Weakness -2.10%
Shooting Star Candlestick Bearish -0.40%
Lizard Bearish Bearish Day Trade Setup -0.40%

   Recent Intraday Alerts

Alert Time
50 DMA Support 3 days ago
20 DMA Resistance 3 days ago
10 DMA Resistance 3 days ago
Down 5% 3 days ago
Down 3% 3 days ago

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Profile

Sacks Parente Golf, Inc. Description

Sacks Parente Golf, Inc. is a technology-forward golf company, with a growing portfolio of golf products, including putting instruments, golf shafts, golf grips, and other golf-related products. The Company’s innovative accomplishments include: the First Vernier Acuity putter, patented Ultra-Low Balance Point (ULBP) putter technology, weight-forward Center-of-Gravity (CG) design while pioneering ultra-light carbon fiber putter shafts. In consideration of its growth opportunities in shaft technologies, in April of 2022, the Company expanded its manufacturing business to include advanced premium golf shafts by opening a new shaft manufacturing facility in St. Joseph, MO. It is the Company’s intent to manufacture and assemble substantially all products in the United States. The Company anticipates expansion into golf apparel and other golf-related product lines to enhance its growth. The Company’s future expansions may include broadening its offerings through mergers, acquisitions or internal developments of product lines that are complementary to its premium brand. The Company currently sells its products through resellers, the Company’s websites, and distributors in the United States, Japan, and South Korea.


Classification

Sector: Consumer Cyclical
Industry: Leisure
Keywords: Golf Golf Equipment Golf Products

Is SPGC 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 30.0
52 Week Low 0.36
Average Volume 206,344
200-Day Moving Average 0.69
50-Day Moving Average 0.50
20-Day Moving Average 0.51
10-Day Moving Average 0.52
Average True Range 0.07
RSI (14) 50.25
ADX 25.27
+DI 18.56
-DI 9.73
Chandelier Exit (Long, 3 ATRs) 0.42
Chandelier Exit (Short, 3 ATRs) 0.65
Upper Bollinger Bands 0.57
Lower Bollinger Band 0.46
Percent B (%b) 0.55
BandWidth 20.64
MACD Line 0.00
MACD Signal Line 0.00
MACD Histogram 0.0009
Fundamentals Value
Market Cap 7.56 Million
Num Shares 14.6 Million
EPS -0.23
Price-to-Earnings (P/E) Ratio -2.25
Price-to-Sales 44.06
Price-to-Book 1.49
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.59
Resistance 3 (R3) 0.58 0.56 0.58
Resistance 2 (R2) 0.56 0.54 0.56 0.57
Resistance 1 (R1) 0.54 0.53 0.52 0.54 0.57
Pivot Point 0.51 0.51 0.50 0.51 0.51
Support 1 (S1) 0.49 0.49 0.48 0.49 0.47
Support 2 (S2) 0.46 0.48 0.46 0.46
Support 3 (S3) 0.44 0.46 0.46
Support 4 (S4) 0.45