SAFRAN SA (SAF.PA)

FR0000073272 - Common Stock

203.4  +3.9 (+1.95%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to SAF. SAF was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that SAF is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, SAF also shows a nice and consistent pattern of rising prices.
SAF is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SAF is performing more or less in line with the market.
SAF is an average performer in the Aerospace & Defense industry, it outperforms 65% of 42 stocks in the same industry.
In the last month SAF has a been trading in a tight range between 195.55 and 207.00.
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. There is a resistance zone just above the current price starting at 204.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 202.63, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

183.55

220.90

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 194.52 to 202.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @185.40 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 204.64 to 206.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • 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
CRS90.1
Mansfield0.26
10 Day High206
10 Day Low195.55
20 Day High207
20 Day Low195.55
52 Week High218.9
52 Week Low142.06
Performance
1 Week2.88%
2 Weeks-0.68%
1 Month3.04%
3 Month-2.49%
6 Month17.03%
12 Month35.19%
2 Year90.13%
3 Year84.41%
5 Year56.64%
10 Year363.38%
15 Year1774.65%
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)0.18
RSI(14)51.09
LBB197.5
UBB206.68
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
206.01195.5410.47 (5.08%)19.68%
An entry @206.01. This is a Buy Stop order right above the resistance zone.An exit @195.54. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 10.47 points, which is 5.08%.For a 1.00% total portfolio risk, you can invest 19.68% 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 (7/26/2024, 7:00:00 PM)

203.4

+3.9 (+1.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg1.95%
1 Week2.88%
2 Weeks-0.68%
1 Month3.04%
3 Month-2.49%
6 Month17.03%
12 Month35.19%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.19
ATR(20)%2.1%
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 High206
10 Day Low195.55
20 Day High207
20 Day Low195.55
52 Week High218.9
52 Week Low142.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume463.96K
Volume Incr-20.29%
Vol(5)424.33K
Vol(50)565.54K