SAFEHOLD INC (SAFE) Stock Technical Analysis
NYSE:SAFE - US78646V1070 - REIT
16.12 USD
+0.24 (+1.51%)
15.99 USD
-0.13 (-0.81%)
We assign a technical rating of 5 out of 10 to SAFE. 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: 87% of all stocks are doing better.
SAFE is part of the Specialized REITs industry. There are 30 other stocks in this industry, of which 86% are performing better than SAFE.
SAFE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month SAFE has a been trading in the 13.43 - 16.43 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, SAFE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 16.12. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.85
16.37
2 important support areas can be observed.
- A support zone ranging from 14.99 to 15.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.99 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.12 to 16.21. 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 | 13.12 | NEGATIVE | SAFE has a low relative strength, it was outperformed by 86.88% off all stocks 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 | NEGATIVE | The current price of SAFE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.86 | NEUTRAL | The RSI value for SAFE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests SAFE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.78 | OVERBOUGHT | The high Stochastics value suggests SAFE may be overbought. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for SAFE suggests some volalility. |
| Average Directional Index/ADX (14) | 22.18 | NEUTRAL | The ADX value for SAFE suggests a possible start of a new trend. |
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)
16.12
+0.24 (+1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg1.51%
1 Week1.64%
2 Weeks4.74%
1 Month14.41%
3 Month6.97%
6 Month-13.61%
12 Month-35.67%
2 Year-24.25%
3 Year-57.61%
5 Year-70.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%3.09%
ATR Inc-48.75%
Range Today0.26
ADR(20)0.48
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.12
Mansfield-2
10 Day High16.43
10 Day Low14.97
20 Day High16.43
20 Day Low13.43
52 Week High28.8
52 Week Low13.43
CS1 End15.38
CR1 Start16.12
Volume & EV
DER(3)-0.82%
DER(5)0.18%
Volume170.10K
Volume Incr-46.39%
Vol(5)278.41K
Vol(50)432.16K