Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.
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.
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.
116.41
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
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.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
122.17 | 117.58 | 4.59 (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. |