SAUL CENTERS INC (BFS) Stock Technical Analysis
NYSE:BFS - New York Stock Exchange, Inc. - US8043951016 - REIT - Currency: USD
Taking everything into account, BFS scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. BFS was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, BFS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 35.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 35.15, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BFS in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
31.88
When analyzing the support we can see 2 important areas.
- A support zone ranging from 34.07 to 35.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.20 to 32.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 35.32 to 35.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.08 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 | DOWN | NEGATIVE | The long term trend for BFS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BFS is up. |
| ChartMill Relative Strength | 26.3 | NEGATIVE | BFS has a low relative strength, it was outperformed by 73.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BFS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BFS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BFS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.67 | NEUTRAL | The RSI value for BFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BFS has a positive trend. |
| Stochastics (14,3) | 69.48 | NEUTRAL | The Stochastics value for BFS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for BFS suggests some volalility. |
| Average Directional Index/ADX (14) | 13.58 | NEGATIVE | The low ADX value for BFS suggests a weak or negative trend. |
35.16
+0.13 (+0.37%)