SACHEM CAPITAL CORP (SACH) Technical Analysis
NYSEARCA:SACH • US78590A1097
Current stock price
SACH Technical Rating and Analysis
Taking everything into account, SACH scores 0 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 negative, as is the long term trend. There should be more interesting stocks out there.
- 71% 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, SACH did better than 55% of them.
- SACH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SACH is lagging the market slightly.
- In the last month SACH has a been trading in the 0.90 - 1.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SACH Weekly and Daily overview Charts
SACH Setup Rating and Analysis
SACH has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
SACH Support and Resistance Analysis
0.97
5 important resistance areas can be observed.
- A resistance zone ranging from 1.02 to 1.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.05 to 1.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.08 to 1.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 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 | 29.35 | NEGATIVE | SACH has a low relative strength, it was outperformed by 70.65% 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) | 44.47 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 28.44 | NEUTRAL | The Stochastics value for SACH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.66 | MEDIUM VOLATILITY | The ATR as a percentage value for SACH suggests some volalility. |
| Average Directional Index/ADX (14) | 37.72 | POSITIVE | The high ADX value value for SACH suggests a strong trend. |
SACH Chart- and CandleStick Pattern Analysis
SACH Technicals: Chart, Performance Metrics, Trend & Indicators
0.9786
+0.02 (+2.4%)
SACHEM CAPITAL CORP / SACH TA FAQ
What is the technical rating for SACH stock?
ChartMill assigns a technical rating of 0 / 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 44.4668. 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 -0.00682567, indicating a bearish trend.
What is the short term momentum for SACH stock?
The short term momentum for SACHEM CAPITAL CORP (SACH) is negative.