SARATOGA INVESTMENT CORP (SAK) Stock Technical Analysis
USA - NYSE:SAK - US80349A6047
25.2 USD
-0.01 (-0.04%)
Taking everything into account, SAK scores 4 out of 10 in our technical rating. Although SAK is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
SAK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: SAK has an average volume of 4290 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that SAK is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by SAK over the past year are nicely spread over this period.
SAK is one of the better performing stocks in the Capital Markets industry, it outperforms 77% of 237 stocks in the same industry.
In the last month SAK has a been trading in a tight range between 24.90 and 25.29.
Considerably lower volume is observed in the last couple of days.
SAK has only a medium 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 25.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.19, a Stop Loss order could be placed below this zone.
More info and screens
24.70
27.23
We found 1 important support area.
- A support zone ranging from 24.95 to 25.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 25.23 to 26.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.94 to 26.96. 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 | DOWN | NEGATIVE | The long term trend for SAK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SAK is neutral. |
| ChartMill Relative Strength | 75.25 | POSITIVE | SAK has a high relative strength, it outperformed 75.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SAK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SAK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.8 | NEUTRAL | The RSI value for SAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SAK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.77 | OVERBOUGHT | The high Stochastics value suggests SAK may be overbought. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for SAK suggests low volalility. |
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)
NYSE:SAK (7/13/2022, 8:04:00 PM)
25.2
-0.01 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.04%
1 Week0.04%
2 Weeks0.09%
1 Month0.32%
3 Month-1.02%
6 Month-2.67%
12 Month-4.22%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.18%
ATR Inc-59.81%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.25
Mansfield1.24
10 Day High25.21
10 Day Low25.16
20 Day High25.29
20 Day Low24.9
52 Week High26.63
52 Week Low24.85
CS1 End25.19
CR1 Start25.23
Volume & EV
DER(3)0%
DER(5)0%
Volume1.60K
Volume Incr-75.91%
Vol(5)1.26K
Vol(50)4.29K