Saratoga Investment Corp (SAF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SAF -
We assign a technical rating of 0 out of 10 to SAF. SAF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SAF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 25.00, a Stop Loss order could be placed below this zone.
More info and screens
24.73
When analyzing the support we notice one important area.
- A support zone ranging from 24.98 to 25.00. 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 2 important areas.
- A resistance zone ranging from 25.14 to 25.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.71 to 26.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SAF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SAF is down. |
| ChartMill Relative Strength | 19.81 | NEGATIVE | SAF has a low relative strength, it was outperformed by 80.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SAF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SAF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SAF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 27.3 | OVERSOLD | The low RSI value suggests SAF may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SAF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.6 | OVERSOLD | The low Stochastics value suggests SAF may be oversold. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for SAF suggests low volalility. |
NYSE:SAF (8/30/2021, 8:04:00 PM)
25.01
+0.02 (+0.08%)
Saratoga Investment Corp / SAF FAQ
What is the technical rating for SAF stock?
ChartMill assigns a technical rating of 0 / 10 to SAF.
What is the trend direction for SAF stock?
The current trend direction for Saratoga Investment Corp (SAF) is Bearish.
Can you provide the RSI signal for Saratoga Investment Corp?
Saratoga Investment Corp (SAF) has an RSI value of 27.3006. This indicates that the stock is currently oversold.
What is the MACD signal for Saratoga Investment Corp (SAF) stock?
The MACD indicator for Saratoga Investment Corp (SAF) has a value of -0.00575061, indicating a bearish trend.
What is the short term momentum for Saratoga Investment Corp (SAF) stock?
The short term momentum for Saratoga Investment Corp (SAF) is negative.