SAFEHOLD INC (SAFE) Stock Technical Analysis
NYSE:SAFE • US78646V1070
Taking everything into account, SAFE scores 6 out of 10 in our technical rating. SAFE has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- 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 13.64 - 15.84 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, SAFE outperforms 52% of them, which is more or less in line with the market.
- SAFE is an average performer in the Specialized REITs industry, it outperforms 62% 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.
SAFE has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
13.23
We found 2 important support areas.
- A support zone ranging from 13.91 to 14.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.36 to 13.38. This zone is formed by a combination of multiple trend lines 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 | 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 | 52.96 | 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) | UP | POSITIVE | The current price of SAFE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.08 | NEUTRAL | The RSI value for SAFE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SAFE has a positive trend. |
| Stochastics (14,3) | 75.23 | NEUTRAL | The Stochastics value for SAFE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for SAFE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.38 | NEGATIVE | The low ADX value for SAFE suggests a weak or negative trend. |
15.66
+0.82 (+5.53%)
SAFEHOLD INC / SAFE FAQ
Can you provide the ChartMill technical rating for SAFEHOLD INC?
ChartMill assigns a technical rating of 6 / 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 65.0813. 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 0.0952394, indicating a bearish trend.
What is the short term momentum for SAFE stock?
The short term momentum for SAFEHOLD INC (SAFE) is positive.