SAFEHOLD INC (SAFE) Stock Technical Analysis
NYSE:SAFE - New York Stock Exchange, Inc. - US78646V1070 - REIT - Currency: USD
Taking everything into account, SAFE scores 0 out of 10 in our technical rating. SAFE'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SAFE is a bad performer in the overall market: 85% of all stocks are doing better.
SAFE is part of the Specialized REITs industry. There are 30 other stocks in this industry, of which 93% 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.
In the last month SAFE has a been trading in the 14.29 - 16.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SAFE does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
14.08
16.88
We found 1 important support area.
- A support zone ranging from 14.22 to 14.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 15.78 to 15.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.05 to 16.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.71 from a trend line in the daily time frame.
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 SAFE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SAFE is neutral. |
| ChartMill Relative Strength | 15.38 | NEGATIVE | SAFE has a low relative strength, it was outperformed by 84.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SAFE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SAFE is below a declining 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) | 47.75 | NEUTRAL | The RSI value for SAFE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SAFE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.89 | NEUTRAL | The Stochastics value for SAFE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for SAFE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.3 | NEGATIVE | The low ADX value for SAFE suggests a weak or negative 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)
15.28
+0.01 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg0.07%
1 Week-2.18%
2 Weeks2.62%
1 Month-2.43%
3 Month-16.64%
6 Month-21.68%
12 Month-19.37%
2 Year-35.61%
3 Year-56.8%
5 Year-73.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%2.7%
ATR Inc8.95%
Range Today0.32
ADR(20)0.38
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.38
Mansfield-2.62
10 Day High16.32
10 Day Low14.74
20 Day High16.32
20 Day Low14.29
52 Week High28.8
52 Week Low13.68
CS1 End14.23
CR1 Start15.78
Volume & EV
DER(3)1.9%
DER(5)1.85%
Volume309.30K
Volume Incr-18.78%
Vol(5)270.38K
Vol(50)405.75K