SAFEHOLD INC (SAFE) Technical Analysis
NYSE:SAFE • US78646V1070
Current stock price
SAFE Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to SAFE. Although SAFE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- In the last month SAFE has a been trading in the 13.08 - 15.80 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, SAFE turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- SAFE is part of the Specialized REITs industry. There are 28 other stocks in this industry, SAFE did better than 55% of them.
- 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.
- Volume is considerably higher in the last couple of days.
SAFE Weekly and Daily overview Charts
SAFE Setup Rating and Analysis
Although SAFE has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
SAFE Support and Resistance Analysis
13.13
We found 2 important support areas.
- A support zone ranging from 14.79 to 15.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.26 to 13.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @15.69 from a trend line in the weekly time frame.
- A resistance zone ranging from 16.14 to 16.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
SAFE Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for SAFE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAFE is up. |
| ChartMill Relative Strength | 49.68 | 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) | 65.2 | NEUTRAL | The RSI value for SAFE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests SAFE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.88 | OVERBOUGHT | The high Stochastics value suggests SAFE may be overbought. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for SAFE suggests some volalility. |
| Average Directional Index/ADX (14) | 27.96 | POSITIVE | The high ADX value value for SAFE suggests a strong trend. |
SAFE Chart- and CandleStick Pattern Analysis
SAFE Technicals: Chart, Performance Metrics, Trend & Indicators
15.59
+0.11 (+0.71%)
SAFEHOLD INC / SAFE TA FAQ
Can you provide the ChartMill technical rating for SAFEHOLD INC?
ChartMill assigns a technical rating of 8 / 10 to SAFE.
What is the current trend direction of SAFEHOLD INC (SAFE) stock?
The current trend direction for SAFEHOLD INC (SAFE) is Bullish.
What is the RSI signal for SAFEHOLD INC (SAFE) stock?
SAFEHOLD INC (SAFE) has an RSI value of 65.2027. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SAFEHOLD INC?
The MACD indicator for SAFEHOLD INC (SAFE) has a value of 0.211822, indicating a bearish trend.
What are the support and resistance levels for SAFEHOLD INC (SAFE) stock?
SAFEHOLD INC (SAFE) has a support level at 15.02 and a resistance level at 15.69. Check the full technical report for our detailed analysis of SAFE support and resistance levels.