Overall SAMG gets a technical rating of 6 out of 10. In the last year, SAMG 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.
- 72% of all other stocks performed better in the past year than SAMG.
- Both the short term and long term trends are positive. This is a very positive sign.
- SAMG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- SAMG is an average performer in the Capital Markets industry, it outperforms 40% of 238 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.
Although the technical rating is only medium, SAMG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 15.50, a Stop Loss order could be placed below this zone.
More info and screens
13.15
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.34 to 15.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.28 to 13.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 15.55 to 15.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 16.61 to 16.99. 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 | 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 | 28.92 | NEGATIVE | SAMG has a low relative strength, it was outperformed by 71.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAMG is above 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 | MIXED | The current price of SAMG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.47 | NEUTRAL | The RSI value for SAMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SAMG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.9 | NEUTRAL | The Stochastics value for SAMG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for SAMG suggests some volalility. |
| Average Directional Index/ADX (14) | 33.32 | POSITIVE | The high ADX value value for SAMG suggests a strong trend. |
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 |
|---|---|---|---|
| 15.66 | 15.33 | 0.33 (2.11%) | 25.00% |
| An entry @15.66. This is a Buy Stop order right above the resistance zone. | An exit @15.33. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.33 points, which is 2.11%. | For a 0.53% 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.
15.54
+0.2 (+1.3%)
SILVERCREST ASSET MANAGEME-A / SAMG FAQ
What is the ChartMill technical rating of SILVERCREST ASSET MANAGEME-A (SAMG) stock?
ChartMill assigns a technical rating of 6 / 10 to SAMG.
What is the current trend direction of SILVERCREST ASSET MANAGEME-A (SAMG) stock?
The current trend direction for SILVERCREST ASSET MANAGEME-A (SAMG) is Bullish.
What is the RSI signal for SILVERCREST ASSET MANAGEME-A (SAMG) stock?
SILVERCREST ASSET MANAGEME-A (SAMG) has an RSI value of 58.4681. This indicates that the stock is currently neutral.
What is the MACD signal for SAMG stock?
The MACD indicator for SILVERCREST ASSET MANAGEME-A (SAMG) has a value of -0.0354936, indicating a bearish trend.
What is the short term momentum for SILVERCREST ASSET MANAGEME-A (SAMG) stock?
The short term momentum for SILVERCREST ASSET MANAGEME-A (SAMG) is positive.