SARATOGA INVESTMENT CORP (SAR) Stock Technical Analysis
USA - NYSE:SAR - US80349A2087 - Common Stock
Taking everything into account, SAR scores 1 out of 10 in our technical rating. SAR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SAR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 21.59, a Stop Loss order could be placed below this zone.
More info and screens
21.25
When analyzing the support we notice one important area.
- A support zone ranging from 21.46 to 21.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @22.64 from a trend line in the daily time frame.
- A resistance zone ranging from 25.36 to 25.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 26.00 to 26.07. 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 SAR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SAR is down. |
| ChartMill Relative Strength | 20.72 | NEGATIVE | SAR has a low relative strength, it was outperformed by 79.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SAR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SAR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.52 | NEUTRAL | The RSI value for SAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SAR has a positive trend. |
| Stochastics (14,3) | 55.87 | NEUTRAL | The Stochastics value for SAR is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for SAR suggests some volalility. |
| Average Directional Index/ADX (14) | 24.65 | NEUTRAL | The ADX value for SAR suggests a possible start of a new trend. |
22.27
+0.03 (+0.13%)
SARATOGA INVESTMENT CORP / SAR FAQ
Can you provide the ChartMill technical rating for SARATOGA INVESTMENT CORP?
ChartMill assigns a technical rating of 1 / 10 to SAR.
What is the trend direction for SAR stock?
The current trend direction for SARATOGA INVESTMENT CORP (SAR) is Bearish.
What is the RSI signal for SARATOGA INVESTMENT CORP (SAR) stock?
SARATOGA INVESTMENT CORP (SAR) has an RSI value of 46.5229. This indicates that the stock is currently neutral.
What is the MACD signal for SAR stock?
The MACD indicator for SARATOGA INVESTMENT CORP (SAR) has a value of 0.0834347, indicating a bearish trend.
What is the short term momentum for SARATOGA INVESTMENT CORP (SAR) stock?
The short term momentum for SARATOGA INVESTMENT CORP (SAR) is negative.