SAILPOINT INC (SAIL) Stock Technical Analysis
NASDAQ:SAIL - Nasdaq - US78781J1097 - Common Stock - Currency: USD
Taking everything into account, SAIL scores 2 out of 10 in our technical rating. In the last year, SAIL was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
SAIL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 18.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.85, a Stop Loss order could be placed below this zone.
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15.49
2 important support areas can be observed.
- A support zone ranging from 17.57 to 17.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @15.65 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 18.70 to 18.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.83 from a horizontal line 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 | 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) | DOWN | MIXED | The current price of SAIL is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 50.96 | NEUTRAL | The RSI value for SAIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SAIL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.27 | NEUTRAL | The Stochastics value for SAIL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for SAIL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.14 | NEGATIVE | The low ADX value for SAIL suggests a weak or negative trend. |
18.02
-0.03 (-0.17%)