SAFETY INSURANCE GROUP INC (SAFT)

US78648T1007 - Common Stock

80.26  -0.71 (-0.88%)

After market: 80.26 0 (0%)

Technical Rating and Analysis

3

Taking everything into account, SAFT scores 3 out of 10 in our technical rating. SAFT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

When comparing the yearly performance of all stocks, SAFT is a bad performer in the overall market: 61% of all stocks are doing better.
SAFT is one of the lesser performing stocks in the Insurance industry. 64% of 140 stocks in the same industry do better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month SAFT has a been trading in the 78.18 - 84.35 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.
SAFT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SAFT is lagging the market.
Weekly and Daily overview Charts
SAFT Weekly chart
SAFT Daily chart
Setup Rating and Analysis

7

SAFT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 79.50, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

76.54

89.15

When analyzing the support we notice one important area.

  • A support zone ranging from 77.31 to 79.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 80.31 to 82.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 84.90 to 85.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 87.16 to 88.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.86
Mansfield-0.68
10 Day High84.35
10 Day Low79.33
20 Day High84.35
20 Day Low78.18
52 Week High88.72
52 Week Low65.78
Performance
1 Week-3.38%
2 Weeks1.08%
1 Month-2.1%
3 Month-7.92%
6 Month5.16%
12 Month11.5%
2 Year-13.57%
3 Year-5.7%
5 Year-11.93%
10 Year55.6%
15 Year157.16%
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)-0.1
RSI(14)48.32
LBB78.36
UBB83.77
SAFT Daily chart

SAFETY INSURANCE GROUP INC

NASDAQ:SAFT (5/17/2024, 7:24:59 PM)

After market: 80.26 0 (0%)

80.26

-0.71 (-0.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.88%
1 Week-3.38%
2 Weeks1.08%
1 Month-2.1%
3 Month-7.92%
6 Month5.16%
12 Month11.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.87
ATR(20)%2.24%
ATR Inc
Range Today1.18
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High84.35
10 Day Low79.33
20 Day High84.35
20 Day Low78.18
52 Week High88.72
52 Week Low65.78
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume33.00K
Volume Incr-2.65%
Vol(5)39.84K
Vol(50)46.69K