Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.
Overall SAIC gets a technical rating of 8 out of 10. Although SAIC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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. Another positive sign is the recent Pocket Pivot signal.
116.41
When analyzing the support we notice one important area.
When analyzing the resistance we notice 2 important areas.
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 worst case loss on the trade is limited to 4.59 points, which is 3.76%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.94%. |