Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.


SCIENCE APPLICATIONS INTE

Nasdaq / Industrials / Professional Services

Technical Rating and Analysis

8

Taking everything into account, SAIC scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SAIC is only an average performer.

The long and short term trends are both positive. This is looking good!
SAIC is part of the Professional Services industry. There are 82 other stocks in this industry. SAIC outperforms 70% of them.
In the last month SAIC has a been trading in the 114.02 - 123.09 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that SAIC is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
SAIC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SAIC is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SCIENCE APPLICATIONS INTE / SAIC Weekly stock chart
SCIENCE APPLICATIONS INTE / SAIC Daily stock chart
Setup Rating and Analysis

10

SAIC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 120.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 119.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SAIC in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

116.41

125.60

When analyzing the support we notice one important area.

  • A support zone ranging from 117.59 to 119.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 120.20 to 122.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @124.36 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.14
Mansfield-0.41
10 Day High123.09
10 Day Low114.93
20 Day High123.09
20 Day Low114.02
52 Week High156.34
52 Week Low94.68
Performance
1 Week1.78%
2 Weeks-0.99%
1 Month2.72%
3 Month18.58%
6 Month-2.22%
12 Month-12.48%
2 Year22.96%
3 Year38.26%
5 Year35.94%
10 Year125.81%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.31
RSI(14)55.77
LBB117.8
UBB123.08
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
122.17117.584.59 (3.76%)25.00%
An entry @122.17. This is a Buy Stop order right above the resistance zone.An exit @117.58. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 4.59 points, which is 3.76%.For a 0.94% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of SAIC. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.