SAFRAN SA (SAF.PA)

FR0000073272 - Common Stock

210.7  -2.8 (-1.31%)

Technical Rating and Analysis

10

Taking everything into account, SAF scores 10 out of 10 in our technical rating. SAF has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SAF did better than 89% of all other stocks. We also observe that the gains produced by SAF over the past year are nicely spread over this period.
SAF is part of the Aerospace & Defense industry. There are 41 other stocks in this industry. SAF outperforms 80% of them.
SAF is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SAF has a been trading in the 200.20 - 216.60 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Weekly and Daily overview Charts
SAF Weekly chart
SAF Daily chart
Setup Rating and Analysis

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 216.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 209.51, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

186.90

220.90

3 important support areas can be observed.

  • A support zone ranging from 202.75 to 209.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 194.52 to 195.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 188.79 to 191.14. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 216.51 to 218.71. 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
CRS89.52
Mansfield-0.11
10 Day High215.2
10 Day Low200.2
20 Day High216.6
20 Day Low200.2
52 Week High218.9
52 Week Low145.3
Performance
1 Week2.25%
2 Weeks4.91%
1 Month0.99%
3 Month4.97%
6 Month2.35%
12 Month45.57%
2 Year89.41%
3 Year83.99%
5 Year50.51%
10 Year322.77%
15 Year1840.91%
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)0.46
RSI(14)61.56
LBB199.83
UBB216.1
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
218.72202.7415.98 (7.31%)13.69%
An entry @218.72. This is a Buy Stop order right above the resistance zone.An exit @202.74. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 15.98 points, which is 7.31%.For a 1.00% total portfolio risk, you can invest 13.69% 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 (10/22/2024, 5:30:02 PM)

210.7

-2.8 (-1.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-1.31%
1 Week2.25%
2 Weeks4.91%
1 Month0.99%
3 Month4.97%
6 Month2.35%
12 Month45.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.16
ATR(20)%1.85%
ATR Inc
Range Today4.9
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 High215.2
10 Day Low200.2
20 Day High216.6
20 Day Low200.2
52 Week High218.9
52 Week Low145.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume330.83K
Volume Incr-12%
Vol(5)532.83K
Vol(50)478.51K