SAFRAN SA (SAF.PA)       137.46  +2.42 (+1.79%)

137.46  +2.42 (+1.79%)

FR0000073272 - Common Stock

Technical Rating

9

Overall SAF gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SAF has proven to be a steady performer, scoring decent points in every aspect analyzed.



The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SAF is one of the better performing stocks in the market, outperforming 96% of all stocks.
SAF is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month SAF has a been trading in the 125.16 - 137.46 range, which is quite wide. It is currently trading near the high of this range.
SAF is part of the Aerospace & Defense industry. There are 14 other stocks in this industry, SAF did better than 64% of them.

Statistics

1 Month 3 Months 6 Months 12 Months 2.61% 17.57% 46.22% 28.49% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 96.1 87.85 - 137.58
SAF Weekly chart
SAF Daily chart

Support/Resistance Analysis


125.86

138.84
We found 3 important support areas.
  • Support @136.86 from a horizontal line in the daily time frame.
  • A support zone ranging from 132.65 to 133.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 127.13 to 130.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
  • A resistance zone ranging from 137.47 to 137.47. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

8

SAF has an excellent technical rating and 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 137.47. Right above this resistance zone may be a good entry point.


Possible Trading Setup

The following trade can be suggested based on the decent technical rating and setup score.


ENTRYEXITDISTANCECAPITAL
137.48136.850.63 (0.46%)25.00%
An entry @137.48. This is a Buy Stop order right above the resistance zone.An exit @136.85. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.63 points, which is 0.46%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.11%.

  • The distance between exit and entry is rather small compared to the average daily movement of SAF. Please evaluate whether better entry and exit points can be found.
  • 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 SA137.46

EPA:SAF (3/29/2023, 7:00:00 PM)+2.42 (+1.79%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
Today1.79%
1 Week1.94%
2 Weeks8.12%
1 Month2.61%
3 Month17.57%
6 Month46.22%
Volatility
ATR(14)3.93
ATR(20)%2.39%
ATR Inc-35.59%
Range Today2.28
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.1
Mansfield2.21
10 Day High137.46
10 Day Low125.16
20 Day High137.46
20 Day Low125.16
52 Week High137.58
52 Week Low87.85
CS1 End136.86
CR1 Start137.47
Volume & EV
DER(3)0.82%
DER(5)1.91%
Volume817.91K
Volume Incr-15.71%
Vol(5)677.38K
Vol(50)766.95K

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