SAILPOINT INC (SAIL) Stock Technical Analysis
NASDAQ:SAIL - Nasdaq - US78781J1097 - Common Stock - Currency: USD
Overall SAIL gets a technical rating of 6 out of 10. In the last year, SAIL was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
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 284 other stocks in this industry, of which 90% are performing better than SAIL.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month SAIL has a been trading in the 16.98 - 24.95 range, which is quite wide. It is currently trading near the high of this range.
SAIL has an average volume of 1805130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
SAIL has an average technical rating and the quality of the presented setup is also not ideal 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
18.29
24.50
We found 2 important support areas.
- A support zone ranging from 22.60 to 22.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.47 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @22.78 from a horizontal line in the weekly time frame.
- Resistance @24.26 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 | UP | POSITIVE | The short term trend for SAIL is up. |
| 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) | UP | POSITIVE | The current price of SAIL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAIL is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 60.14 | NEUTRAL | The RSI value for SAIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SAIL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.12 | NEUTRAL | The Stochastics value for SAIL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.96 | MEDIUM VOLATILITY | The ATR as a percentage value for SAIL suggests some volalility. |
| Average Directional Index/ADX (14) | 35.74 | POSITIVE | The high ADX value value for SAIL suggests a strong 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)
22.77
-0.84 (-3.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.56%
1 Week0.75%
2 Weeks-2.27%
1 Month31.09%
3 Month16.53%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.3
ATR(20)%4.96%
ATR Inc-15.17%
Range Today1.4
ADR(20)0.98
ADR(20)%4.3%
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 High24.95
10 Day Low22.06
20 Day High24.95
20 Day Low16.98
52 Week HighN/A
52 Week LowN/A
CS1 End22.6
CR1 Start22.78
Volume & EV
DER(3)0.01%
DER(5)-0.9%
Volume5.08M
Volume Incr25.95%
Vol(5)2.66M
Vol(50)1.81M