SILVERCREST ASSET MANAGEME-A (SAMG) Stock Technical Analysis
NASDAQ:SAMG - US8283591092 - Common Stock
16.39 USD
-0.08 (-0.49%)
16.39 USD
0 (0%)
We assign a technical rating of 8 out of 10 to SAMG. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SAMG is only an average performer.
The long and short term trends are both positive. This is looking good!
In the last month SAMG has a been trading in the 15.83 - 16.99 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, SAMG outperforms 56% of them, which is more or less in line with the market.
SAMG is an average performer in the Capital Markets industry, it outperforms 63% of 239 stocks in the same industry.
SAMG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SAMG is lagging the market.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SAMG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 16.33, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.92
17.16
When analyzing the support we can see 3 important areas.
- A support zone ranging from 16.10 to 16.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.47 from a horizontal line in the weekly time frame.
- A support zone ranging from 14.06 to 14.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 16.42 to 16.99. This zone is formed by a combination of multiple trend lines and important moving averages 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 SAMG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAMG is up. |
| ChartMill Relative Strength | 56.67 | NEUTRAL | SAMG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SAMG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAMG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SAMG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.94 | NEUTRAL | The RSI value for SAMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SAMG has a negative trend. |
| Stochastics (14,3) | 53 | NEUTRAL | The Stochastics value for SAMG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for SAMG suggests some volalility. |
| Average Directional Index/ADX (14) | 14.57 | NEGATIVE | The low ADX value for SAMG 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.43 | 16.09 | 0.34 (2.09%) | 25.00% |
| An entry @16.43. This is a Buy Stop order right above the 10 day moving average. | An exit @16.09. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.34 points, which is 2.09%. | For a 0.52% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SAMG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
16.39
-0.08 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.49%
1 Week-2.32%
2 Weeks0.06%
1 Month3.28%
3 Month12.88%
6 Month-9.6%
12 Month1.17%
2 Year-14.95%
3 Year-8.28%
5 Year30.7%
10 Year39.25%
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%2.27%
ATR Inc-37.09%
Range Today0.16
ADR(20)0.35
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.67
Mansfield-1.05
10 Day High16.88
10 Day Low15.99
20 Day High16.99
20 Day Low15.83
52 Week High19.2
52 Week Low13.54
CS1 End16.33
CR1 Start16.42
Volume & EV
DER(3)-1.71%
DER(5)-0.33%
Volume17.70K
Volume Incr-27.56%
Vol(5)17.90K
Vol(50)35.58K