SFER Technical Analysis - SALVATORE FERRAGAMO SPA

Technical Rating and Analysis

Overall SFER gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SFER was also a bad performer in the overall market in the last year.

79% of all other stocks performed better in the past year than SFER.

SFER 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.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.

In the last month SFER has a been trading in the 4.38 - 5.59 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

SFER is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 62% of 44 stocks in the same industry.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

SALVATORE FERRAGAMO SPA / SFER Weekly stock chart

SALVATORE FERRAGAMO SPA / SFER Daily stock chart

Setup Rating and Analysis

SFER has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

4.40

7.01

We found 2 important support areas.

A support zone ranging from 4.80 to 4.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Support @4.44 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

Resistance @5.47 from a trend line in the weekly time frame.
A resistance zone ranging from 5.57 to 5.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @6.94 from a trend line in the weekly time frame.

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Technical Indicator Signal Analysis

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	NEUTRAL	NEUTRAL	The long term trend for SFER.MI is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for SFER.MI is up.
ChartMill Relative Strength	21.3	NEGATIVE	SFER.MI has a low relative strength, it was outperformed by 78.7% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of SFER.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of SFER.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of SFER.MI is below a declining SMA(200).
Relative Strength Index/RSI (14)	66.08	NEUTRAL	The RSI value for SFER.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.1	POSITIVE	The MACD value suggests SFER.MI has a positive trend.
Stochastics (14,3)	86.67	OVERBOUGHT	The high Stochastics value suggests SFER.MI may be overbought.
Average True Range in percent/ATR (20)	3.97	MEDIUM VOLATILITY	The ATR as a percentage value for SFER.MI suggests some volalility.
Average Directional Index/ADX (14)	16	NEGATIVE	The low ADX value for SFER.MI suggests a weak or negative trend.