SCIENCE APPLICATIONS INTE (SAIC) Stock Technical Analysis
NASDAQ:SAIC - Nasdaq - US8086251076 - Common Stock - Currency: USD
Taking everything into account, SAIC scores 5 out of 10 in our technical rating. SAIC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, SAIC is a bad performer in the overall market: 77% of all stocks are doing better.
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 SAIC has a been trading in the 109.84 - 118.50 range, which is quite wide. It is currently trading near the high of this range.
SAIC is part of the Professional Services industry. There are 80 other stocks in this industry, SAIC did better than 60% of them.
SAIC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SAIC is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, SAIC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 119.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 114.40, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SAIC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
96.86
125.60
4 important support areas can be observed.
- A support zone ranging from 110.11 to 114.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @106.38 from a trend line in the weekly time frame.
- A support zone ranging from 103.65 to 103.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @97.84 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @119.82 from a horizontal line in the daily time frame.
- A resistance zone ranging from 123.41 to 124.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SAIC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAIC is up. |
| ChartMill Relative Strength | 23.4 | NEGATIVE | SAIC has a low relative strength, it was outperformed by 76.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAIC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAIC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SAIC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.76 | NEUTRAL | The RSI value for SAIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests SAIC has a positive trend. |
| Stochastics (14,3) | 78.75 | NEUTRAL | The Stochastics value for SAIC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for SAIC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.92 | NEGATIVE | The low ADX value for SAIC 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)
117.23
+1.36 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg1.17%
1 Week1.78%
2 Weeks3.14%
1 Month5.15%
3 Month-5.01%
6 Month16.15%
12 Month-6.25%
2 Year-0.37%
3 Year28.73%
5 Year40.46%
10 Year140.37%
15 YearN/A
Volatility
ATR(14)2.66
ATR(20)%2.36%
ATR Inc4.02%
Range Today2.77
ADR(20)2.76
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.4
Mansfield-1.05
10 Day High118.5
10 Day Low109.84
20 Day High118.5
20 Day Low109.84
52 Week High156.34
52 Week Low94.68
CS1 End114.4
CR1 Start119.82
Volume & EV
DER(3)4.82%
DER(5)4.35%
Volume309.10K
Volume Incr-23.46%
Vol(5)321.80K
Vol(50)564.76K