SAFEHOLD INC (SAFE) Stock Technical Analysis
NYSE:SAFE • US78646V1070
Taking everything into account, SAFE scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. SAFE was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, SAFE is a bad performer in the overall market: 63% of all stocks are doing better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month SAFE has a been trading in the 13.64 - 15.59 range, which is quite wide. It is currently trading near the high of this range.
- SAFE is an average performer in the Specialized REITs industry, it outperforms 51% of 28 stocks in the same industry.
- SAFE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SAFE is lagging the market.
Although the technical rating is only medium, SAFE does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
13.13
We found 3 important support areas.
- A support zone ranging from 14.46 to 14.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.87 from a trend line in the daily time frame.
- A support zone ranging from 13.26 to 13.38. 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 | NEUTRAL | NEUTRAL | The long term trend for SAFE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAFE is up. |
| ChartMill Relative Strength | 37.45 | NEUTRAL | SAFE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAFE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAFE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SAFE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.19 | NEUTRAL | The RSI value for SAFE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests SAFE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.36 | OVERBOUGHT | The high Stochastics value suggests SAFE may be overbought. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for SAFE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.47 | NEGATIVE | The low ADX value for SAFE suggests a weak or negative trend. |
15.05
-0.41 (-2.65%)
SAFEHOLD INC / SAFE FAQ
Can you provide the ChartMill technical rating for SAFEHOLD INC?
ChartMill assigns a technical rating of 5 / 10 to SAFE.
What is the current trend direction of SAFEHOLD INC (SAFE) stock?
The current trend direction for SAFEHOLD INC (SAFE) is Bearish.
What is the RSI signal for SAFE stock?
SAFEHOLD INC (SAFE) has an RSI value of 59.1937. This indicates that the stock is currently neutral.
What is the MACD signal for SAFE stock?
The MACD indicator for SAFEHOLD INC (SAFE) has a value of 0.0896266, indicating a bearish trend.
What is the short term momentum for SAFE stock?
The short term momentum for SAFEHOLD INC (SAFE) is positive.