SAILPOINT INC (SAIL) Stock Technical Analysis
NASDAQ:SAIL - Nasdaq - US78781J1097 - Common Stock - Currency: USD
Overall SAIL gets a technical rating of 5 out of 10. In the last year, SAIL was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
When comparing the yearly performance of all stocks, SAIL is a bad performer in the overall market: 100% of all stocks are doing better.
SAIL is part of the Software industry. There are 282 other stocks in this industry, of which 90% are performing better than SAIL.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SAIL has an average volume of 2167750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SAIL has a been trading in the 19.85 - 23.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
SAIL has an average technical rating and it also 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
19.77
23.00
2 important support areas can be observed.
- Support @20.61 from a trend line in the daily time frame.
- A support zone ranging from 19.97 to 20.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 20.74 to 21.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @22.34 from a horizontal line in the daily time frame.
- Resistance @22.77 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for SAIL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SAIL is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | SAIL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SAIL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SAIL is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 46.54 | NEUTRAL | The RSI value for SAIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SAIL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.99 | NEUTRAL | The Stochastics value for SAIL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for SAIL suggests high volalility. |
| Average Directional Index/ADX (14) | 16.25 | NEGATIVE | The low ADX value for SAIL 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)
20.62
-1.72 (-7.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-7.7%
1 Week1.88%
2 Weeks-3.28%
1 Month-6.95%
3 Month10.27%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.12
ATR(20)%5.07%
ATR Inc86.44%
Range Today1.91
ADR(20)1.01
ADR(20)%4.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High23.04
10 Day Low19.85
20 Day High23.04
20 Day Low19.85
52 Week HighN/A
52 Week LowN/A
CS1 End20.61
CR1 Start20.74
Volume & EV
DER(3)-0.19%
DER(5)1.15%
Volume3.47M
Volume Incr150.44%
Vol(5)4.27M
Vol(50)2.17M