Taking everything into account, SACH scores 1 out of 10 in our technical rating. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 79% of all other stocks performed better in the past year than SACH.
- SACH is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry, of which 67% are performing better than SACH.
- In the last month SACH has a been trading in the 0.99 - 1.13 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- SACH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SACH is lagging the market.
- Considerably lower volume is observed in the last couple of days.
SACH has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
0.99
We found 1 important support area.
- Support @1.00 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.05 to 1.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.15 to 1.16. 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 | DOWN | NEGATIVE | The long term trend for SACH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SACH is neutral. |
| ChartMill Relative Strength | 21.52 | NEGATIVE | SACH has a low relative strength, it was outperformed by 78.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SACH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SACH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SACH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.1 | 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) | 46.95 | NEUTRAL | The Stochastics value for SACH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for SACH suggests some volalility. |
| Average Directional Index/ADX (14) | 20.8 | NEUTRAL | The ADX value for SACH suggests a possible start of a new trend. |
1.05
0 (0%)
SACHEM CAPITAL CORP / SACH FAQ
What is the technical rating for SACH stock?
ChartMill assigns a technical rating of 1 / 10 to SACH.
What is the trend direction for SACH stock?
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 50.0956. This indicates that the stock is currently neutral.
What is the MACD signal for SACHEM CAPITAL CORP (SACH) stock?
The MACD indicator for SACHEM CAPITAL CORP (SACH) has a value of 0.00166121, indicating a bearish trend.
What is the short term momentum for SACH stock?
The short term momentum for SACHEM CAPITAL CORP (SACH) is neutral.