SOFTLINE AG (SFD1.DE) Stock Technical Analysis
FRA:SFD1 - Deutsche Boerse Ag - DE000A2DAN10 - Common Stock - Currency: EUR
Taking everything into account, SFD1 scores 2 out of 10 in our technical rating. SFD1 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
When comparing the yearly performance of all stocks, SFD1 is a bad performer in the overall market: 97% of all stocks are doing better.
SFD1 is part of the IT Services industry. There are 78 other stocks in this industry, of which 80% are performing better than SFD1.
SFD1 is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SFD1 is lagging the market.
Warning: SFD1 has an average volume of 2306 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month SFD1 has a been trading in the 0.81 - 0.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SFD1 does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 0.94. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for SFD1 in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.79
0.98
2 important support areas can be observed.
- Support @0.89 from a horizontal line in the daily time frame.
- Support @0.80 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.94 to 0.97. This zone is formed by a combination of multiple trend lines and important moving averages 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 SFD1.DE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SFD1.DE is neutral. |
| ChartMill Relative Strength | 3.91 | NEGATIVE | SFD1.DE has a low relative strength, it was outperformed by 96.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SFD1.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SFD1.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SFD1.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.63 | NEUTRAL | The RSI value for SFD1.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SFD1.DE has a negative trend. |
| Stochastics (14,3) | 59.01 | NEUTRAL | The Stochastics value for SFD1.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for SFD1.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 9.67 | NEGATIVE | The low ADX value for SFD1.DE 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)
FRA:SFD1 (1/23/2024, 7:00:00 PM)
0.9
-0.04 (-4.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-4.26%
1 Week-3.74%
2 Weeks-5.26%
1 Month-4.26%
3 Month8.43%
6 Month-51.87%
12 Month-77.27%
2 Year-90.27%
3 Year-90.82%
5 Year-87.23%
10 Year38.46%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%4.19%
ATR Inc-1.87%
Range Today0
ADR(20)0.03
ADR(20)%3.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.91
Mansfield-5.77
10 Day High0.97
10 Day Low0.9
20 Day High0.97
20 Day Low0.81
52 Week High3.84
52 Week Low0.33
CS1 End0.89
CR1 Start0.94
Volume & EV
DER(3)838.57%
DER(5)1413.99%
Volume226
Volume Incr-97.01%
Vol(5)101
Vol(50)2.31K