Saratoga Investment Corp (SAF) Stock Technical Analysis
NYSE:SAF - New York Stock Exchange, Inc. -
We assign a technical rating of 0 out of 10 to SAF. SAF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SAF is a bad performer in the overall market: 81% of all stocks are doing better.
SAF is one of the lesser performing stocks in the Capital Markets industry. 75% of 232 stocks in the same industry do better.
SAF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SAF is lagging the market.
Warning: SAF has an average volume of 4714 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month SAF has a been trading in a tight range between 24.98 and 25.38.
Although the technical rating is bad, SAF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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
26.50
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. |
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)
NYSE:SAF (8/30/2021, 8:04:00 PM)
25.01
+0.02 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.08%
1 Week0.08%
2 Weeks-0.2%
1 Month-1.3%
3 Month-1.54%
6 Month-1.65%
12 Month-0.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.18%
ATR Inc-63.43%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.81
Mansfield-1.51
10 Day High25.05
10 Day Low24.98
20 Day High25.38
20 Day Low24.98
52 Week High26.77
52 Week Low24.35
CS1 End25
CR1 Start25.14
Volume & EV
DER(3)0%
DER(5)-1.1%
Volume1.30K
Volume Incr-31.37%
Vol(5)3.14K
Vol(50)4.71K