Today we will analyze the stock SURGUTNEFTGZ SP ADR (SGNV.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SURGUTNEFTGZ SP ADR (SGNV.SG)
1- Last bearish trend was from 5.50 $ (2/27/2014) to 5.00 $ (3/4/2014) a 0.50 $ move 2- The current bullish trend started from 5.00 $ at 3/4/2014 and is currently trading at 5.10 $.
3- SGNV.SG current support level is at 5.00 which is the 0.00 % fibonacci retracement of the last 0.50 $ move.
4- SGNV.SG current resistance level is at 5.12 which is the 23.60 % fibonacci retracement of the last 0.50 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SURGUTNEFTGZ SP ADR (SGNV.SG) Short term stock chart patterns for internet stock trading :

None.
SURGUTNEFTGZ SP ADR (SGNV.SG) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 5.500 and 5.750, and is currently resisting at 5.440.
SURGUTNEFTGZ SP ADR (SGNV.SG) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 5.500 and 5.750, and is currently resisting at 5.440.

Stock Trading Conclusion:
SURGUTNEFTGZ SP ADR (SGNV.SG) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 5.12, 5.19, 5.25, 5.31, 5.44, 5.50, 5.64, 5.81.
Stock Support levels : 5.08, 5.06, 5.05, 5.04, 5.00,.