SACHEM CAPITAL CORP (SACH) Technical Analysis
NYSEARCA:SACH • US78590A1097
Current stock price
SACH Technical Rating and Analysis
Taking everything into account, SACH scores 5 out of 10 in our technical rating. SACH has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, SACH is a bad performer in the overall market: 61% of all stocks are doing better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month SACH has a been trading in the 0.96 - 1.08 range, which is quite wide. It is currently trading near the high of this range.
- SACH is an average performer in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 59% of 68 stocks in the same industry.
- 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.
SACH Weekly and Daily overview Charts
SACH Setup Rating and Analysis
Although the technical rating is only medium, SACH does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 1.05. Right above this resistance zone may be a good entry point.
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SACH Support and Resistance Analysis
0.95
3 important support areas can be observed.
- A support zone ranging from 1.03 to 1.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.98 to 0.99. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @0.96 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.05 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.07 from a horizontal line in the daily time frame.
- Resistance @1.09 from a horizontal line in the weekly time frame.
- Resistance @1.11 from a horizontal line in the daily time frame.
- Resistance @1.33 from a horizontal line in the weekly time frame.
SACH Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for SACH is up. |
| ChartMill Relative Strength | 39.25 | NEUTRAL | SACH is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of SACH is above the rising 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) | 54.35 | 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) | 63.69 | NEUTRAL | The Stochastics value for SACH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for SACH suggests some volalility. |
| Average Directional Index/ADX (14) | 13 | NEGATIVE | The low ADX value for SACH suggests a weak or negative trend. |
SACH Chart- and CandleStick Pattern Analysis
SACH Technicals: Chart, Performance Metrics, Trend & Indicators
1.05
-0.01 (-0.94%)
SACHEM CAPITAL CORP / SACH TA FAQ
What is the technical rating for SACH stock?
ChartMill assigns a technical rating of 5 / 10 to SACH.
What is the trend direction for SACH stock?
The current trend direction for SACHEM CAPITAL CORP (SACH) is Bearish.
What is the RSI signal for SACH stock?
SACHEM CAPITAL CORP (SACH) has an RSI value of 54.3477. This indicates that the stock is currently neutral.
What is the MACD signal for SACH stock?
The MACD indicator for SACHEM CAPITAL CORP (SACH) has a value of 0.00197232, indicating a bearish trend.
What are the support and resistance levels for SACHEM CAPITAL CORP (SACH) stock?
SACHEM CAPITAL CORP (SACH) has a support level at 1.04 and a resistance level at 1.05. Check the full technical report for our detailed analysis of SACH support and resistance levels.