We assign a technical rating of 0 out of 10 to SACH. SACH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of SACH is bad and it also does not present a quality setup 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.
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0.98
When analyzing the support we notice one important area.
- Support @0.99 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.01 to 1.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 1.04 to 1.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.19 from a trend line in the daily time frame.
- A resistance zone ranging from 1.29 to 1.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.33 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for SACH is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SACH is down. |
| ChartMill Relative Strength | 19.93 | NEGATIVE | SACH has a low relative strength, it was outperformed by 80.07% 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) | 41.7 | NEUTRAL | The RSI value for SACH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SACH has a negative trend. |
| Stochastics (14,3) | 5.99 | OVERSOLD | The low Stochastics value suggests SACH may be oversold. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for SACH suggests high volalility. |
| Average Directional Index/ADX (14) | 16.31 | NEGATIVE | The low ADX value for SACH suggests a weak or negative trend. |
0.9956
-0.01 (-1.43%)
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 41.703. 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 0.99 and a resistance level at 1.01. Check the full technical report for our detailed analysis of SACH support and resistance levels.