Safety First Trust (ABI) Stock Technical Analysis
NYSEARCA:ABI - NYSE Arca -
We assign a technical rating of 10 out of 10 to ABI. Both in the recent history as in the last year, ABI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ABI has an average volume of 1634 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ABI did better than 83% of all other stocks. We also observe that the gains produced by ABI over the past year are nicely spread over this period.
ABI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ABI is lagging the market slightly.
In the last month ABI has a been trading in a tight range between 22.00 and 23.00.
Considerably lower volume is observed in the last couple of days.
ABI has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.60
23.23
2 important support areas can be observed.
- A support zone ranging from 22.11 to 22.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @23.00 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ABI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABI is up. |
| ChartMill Relative Strength | 83.97 | POSITIVE | ABI has a high relative strength, it outperformed 83.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.71 | NEUTRAL | The RSI value for ABI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ABI has a positive trend. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for ABI suggests low volalility. |
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)
NYSEARCA:ABI (5/6/2014, 7:59:59 PM)
22.98
+0.23 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.01%
1 Week-0.09%
2 Weeks0.39%
1 Month2.36%
3 Month4.45%
6 Month14.33%
12 Month41.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.14%
ATR Inc-58.18%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.97
Mansfield0.24
10 Day High23
10 Day Low22.08
20 Day High23
20 Day Low22
52 Week High24.2
52 Week Low16.14
CS1 End22.65
CR1 Start23
Volume & EV
DER(3)0%
DER(5)0%
Volume600
Volume Incr-57.69%
Vol(5)660
Vol(50)1.63K