SAFRAN SA (SAF.PA)

FR0000073272 - Common Stock

209  +3.7 (+1.8%)

Technical Rating and Analysis

10

Overall SAF gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SAF is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SAF did better than 96% of all other stocks. On top of that, SAF also shows a nice and consistent pattern of rising prices.
SAF is part of the Aerospace & Defense industry. There are 38 other stocks in this industry. SAF outperforms 86% of them.
SAF is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SAF is leading the market.
In the last month SAF has a been trading in the 200.80 - 213.35 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.
Weekly and Daily overview Charts
SAF Weekly chart
SAF Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, SAF also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 210.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 206.91, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

171.10

213.12

4 important support areas can be observed.

  • A support zone ranging from 203.59 to 206.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 197.11 to 199.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 180.26 to 181.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @172.83 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 210.06 to 211.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.23
Mansfield1.82
10 Day High211
10 Day Low201.4
20 Day High213.35
20 Day Low200.8
52 Week High213.35
52 Week Low133.36
Performance
1 Week1.95%
2 Weeks2.65%
1 Month0.84%
3 Month20.25%
6 Month42.51%
12 Month48.29%
2 Year102.56%
3 Year68.3%
5 Year60.89%
10 Year331.42%
15 Year2200.75%
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)
Technical Indicators
MACD(12,26,9)-0.57
RSI(14)60.17
LBB203.41
UBB209.19
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
211.02203.587.44 (3.53%)25.00%
An entry @211.02. This is a Buy Stop order right above the resistance zone.An exit @203.58. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 7.44 points, which is 3.53%.For a 0.88% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SAF Daily chart

SAFRAN SA

EPA:SAF (4/23/2024, 7:00:00 PM)

209

+3.7 (+1.8%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg1.8%
1 Week1.95%
2 Weeks2.65%
1 Month0.84%
3 Month20.25%
6 Month42.51%
12 Month48.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.43
ATR(20)%2.1%
ATR Inc
Range Today4.8
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High211
10 Day Low201.4
20 Day High213.35
20 Day Low200.8
52 Week High213.35
52 Week Low133.36
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume496.50K
Volume Incr-4.58%
Vol(5)458.50K
Vol(50)479.47K