SAFETY INSURANCE GROUP INC (SAFT) Stock Technical Analysis
NASDAQ:SAFT - Nasdaq - US78648T1007 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to SAFT. SAFT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
SAFT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month SAFT has a been trading in the 70.71 - 80.99 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, SAFT outperforms 51% of them, which is more or less in line with the market.
SAFT is part of the Insurance industry. There are 143 other stocks in this industry, SAFT did better than 43% of them.
Although the technical rating is bad, SAFT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 75.35, a Stop Loss order could be placed below this zone.
More info and screens
74.52
88.03
When analyzing the support we notice one important area.
- A support zone ranging from 75.27 to 75.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 76.67 to 80.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 86.75 to 87.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.41
Mansfield-0.23
10 Day High80.99
10 Day Low73.77
20 Day High80.99
20 Day Low70.71
52 Week High90
52 Week Low70.71
Performance
1 Week-0.47%
2 Weeks0.7%
1 Month-3.82%
3 Month-1.25%
6 Month-3.24%
12 Month-2.94%
2 Year4.67%
3 Year-11.09%
5 Year-9.06%
10 Year31.56%
15 Year105.15%
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)47.91
LBB73.9
UBB78.51
76.5
-0.93 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.2%
1 Week-0.47%
2 Weeks0.7%
1 Month-3.82%
3 Month-1.25%
6 Month-3.24%
12 Month-2.94%
2 Year4.67%
3 Year-11.09%
5 Year-9.06%
10 Year31.56%
15 Year105.15%
Volatility
ATR(14)2.84
ATR(20)%3.32%
ATR Inc-33.15%
Range Today1.54
ADR(20)2.41
ADR(20)%3.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.41
Mansfield-0.23
10 Day High80.99
10 Day Low73.77
20 Day High80.99
20 Day Low70.71
52 Week High90
52 Week Low70.71
CS1 End75.35
CR1 Start76.67
Volume & EV
DER(3)1.85%
DER(5)0.58%
Volume52.70K
Volume Incr-29.68%
Vol(5)53.22K
Vol(50)66.07K