SACHEM CAPITAL CORP (SACH) Stock Technical Analysis
USA - NYSEARCA:SACH - US78590A1097 - REIT
We assign a technical rating of 0 out of 10 to SACH. SACH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SACH does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.05, a Stop Loss order could be placed below this zone.
More info and screens
1.03
When analyzing the support we notice one important area.
- A support zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.07 to 1.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.17 from a horizontal line in the daily time frame.
- Resistance @1.30 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.33 to 1.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SACH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SACH is down. |
| ChartMill Relative Strength | 9.7 | NEGATIVE | SACH has a low relative strength, it was outperformed by 90.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SACH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SACH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SACH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.06 | NEUTRAL | The RSI value for SACH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SACH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.94 | NEUTRAL | The Stochastics value for SACH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for SACH suggests some volalility. |
| Average Directional Index/ADX (14) | 8.46 | NEGATIVE | The low ADX value for SACH suggests a weak or negative trend. |
1.06
-0.02 (-1.85%)
SACHEM CAPITAL CORP / SACH FAQ
What is the technical rating for SACH stock?
ChartMill assigns a technical rating of 0 / 10 to SACH.
Can you provide the trend direction for SACHEM CAPITAL CORP?
The current trend direction for SACHEM CAPITAL CORP (SACH) is Bearish.
Can you provide the RSI signal for SACHEM CAPITAL CORP?
SACHEM CAPITAL CORP (SACH) has an RSI value of 43.0638. This indicates that the stock is currently neutral.
What is the short term momentum for SACH stock?
The short term momentum for SACHEM CAPITAL CORP (SACH) is negative.
Can you provide the support and resistance levels for SACHEM CAPITAL CORP?
SACHEM CAPITAL CORP (SACH) has a support level at 1.05 and a resistance level at 1.07. Check the full technical report for our detailed analysis of SACH support and resistance levels.