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Stochastic Reached Overbought appears for SGMT after 2.8% move

SwingTradeBot Nightly Stock Scan: Sagimet Biosciences Inc. (SGMT) — Technical Patterns & Alerts · Sep 26, 2025, 20:01 ET
On Friday, September 26th, SGMT moved up 2.8% while volume shrunk to 0.5× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 7.09, 6.83 & 6.69, with resistance at 7.48, 7.62 & 7.87. Slow Stochastic readings suggest the stock is currently overbought.

Current SwingTradeBot Technical Rating of SGMT: D

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Sagimet Biosciences Inc. (SGMT)