SACHEM CAPITAL CORP (SACH) Stock Technical Analysis
USA - NYSEARCA:SACH - US78590A1097 - REIT
1.14 USD
+0.02 (+1.79%)
1.14 USD
0 (0%)
We assign a technical rating of 1 out of 10 to SACH. In the last year, SACH was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, SACH is a bad performer in the overall market: 94% of all stocks are doing better.
SACH is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 67 other stocks in this industry, of which 86% are performing better than SACH.
SACH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
In the last month SACH has a been trading in the 1.05 - 1.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SACH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. 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
1.04
1.36
When analyzing the support we notice one important area.
- A support zone ranging from 1.05 to 1.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @1.30 from a horizontal line in the daily time frame.
- Resistance @1.35 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 | 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 | 6.65 | NEGATIVE | SACH has a low relative strength, it was outperformed by 93.35% 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) | 44.14 | NEUTRAL | The RSI value for SACH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SACH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.78 | OVERSOLD | The low Stochastics value suggests SACH may be oversold. |
| Average True Range in percent/ATR (20) | 6.82 | HIGH VOLATILITY | The high ATR as a percentage value for SACH suggests high volalility. |
| Average Directional Index/ADX (14) | 18.73 | NEGATIVE | The low ADX value for SACH suggests a weak or negative trend. |
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)
1.14
+0.02 (+1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg1.79%
1 Week-7.32%
2 Weeks-12.98%
1 Month-5.79%
3 Month-3.39%
6 Month2.7%
12 Month-55.29%
2 Year-67.71%
3 Year-65.77%
5 Year-71.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%6.82%
ATR Inc11.09%
Range Today0.05
ADR(20)0.07
ADR(20)%6.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.65
Mansfield-2.26
10 Day High1.35
10 Day Low1.05
20 Day High1.35
20 Day Low1.05
52 Week High2.56
52 Week Low0.8
CS1 End1.05
CR1 Start1.3
Volume & EV
DER(3)-11.49%
DER(5)-5.55%
Volume152.00K
Volume Incr7.57%
Vol(5)283.96K
Vol(50)198.83K