Saexploration Hlds (SAEX) Stock Technical Analysis
USA - NASDAQ:SAEX -
1.65
-0.14 (-7.82%)
1.49
-0.16 (-9.7%)
Overall SAEX gets a technical rating of 3 out of 10. SAEX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
SAEX 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.
When compared to the yearly performance of all other stocks, SAEX outperforms 46% of them, which is more or less in line with the market.
In the last month SAEX has a been trading in the 1.50 - 2.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SAEX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.20
2.53
We found 4 important support areas.
- A support zone ranging from 1.61 to 1.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.54 from a horizontal line in the daily time frame.
- Support @1.50 from a trend line in the daily time frame.
- Support @1.21 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.69 to 1.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.88 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.99 to 2.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.50 from a trend 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 SAEX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SAEX is neutral. |
| ChartMill Relative Strength | 46.34 | NEUTRAL | SAEX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SAEX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAEX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SAEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.77 | NEUTRAL | The RSI value for SAEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SAEX has a negative trend. |
| Stochastics (14,3) | 27.21 | NEUTRAL | The Stochastics value for SAEX is a neutral value. |
| Average True Range in percent/ATR (20) | 12.12 | HIGH VOLATILITY | The high ATR as a percentage value for SAEX suggests high volalility. |
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)
1.65
-0.14 (-7.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.82%
1 Week-13.61%
2 Weeks5.1%
1 Month-7.3%
3 Month52.78%
6 Month-48.44%
12 Month-50.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%12.12%
ATR Inc-14.92%
Range Today0.22
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.34
Mansfield-2.86
10 Day High2.22
10 Day Low1.52
20 Day High2.22
20 Day Low1.5
52 Week High4.47
52 Week Low0.95
CS1 End1.61
CR1 Start1.69
Volume & EV
DER(3)-4.5%
DER(5)-6.89%
Volume243.90K
Volume Incr-58.21%
Vol(5)127.32K
Vol(50)886.00K