SAFE-T GROUP LTD-ADR (SFET) Stock Technical Analysis
NASDAQ:SFET - Nasdaq - US78643B5003 - ADR - Currency: USD
Overall SFET gets a technical rating of 2 out of 10. In the past year, SFET was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, SFET is a bad performer in the overall market: 91% of all stocks are doing better.
SFET is part of the Software industry. There are 282 other stocks in this industry, of which 81% are performing better than SFET.
SFET is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SFET has a been trading in the 2.26 - 3.18 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SFET has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
2.71
5.85
When analyzing the support we notice one important area.
- A support zone ranging from 2.74 to 2.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.87 to 2.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.18 from a trend line in the daily time frame.
- Resistance @5.79 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for SFET is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SFET is up. |
| ChartMill Relative Strength | 9.94 | NEGATIVE | SFET has a low relative strength, it was outperformed by 90.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SFET is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SFET is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SFET is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.59 | NEUTRAL | The RSI value for SFET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SFET has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.5 | NEUTRAL | The Stochastics value for SFET is a neutral value. |
| Average True Range in percent/ATR (20) | 7.14 | HIGH VOLATILITY | The high ATR as a percentage value for SFET suggests high volalility. |
| Average Directional Index/ADX (14) | 23.88 | NEUTRAL | The ADX value for SFET suggests a possible start of a new 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)
2.86
+0.06 (+2.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.14%
1 Week2.33%
2 Weeks12.53%
1 Month23.81%
3 Month-7.77%
6 Month-43.91%
12 Month-51.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%7.14%
ATR Inc50.52%
Range Today0.38
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.94
Mansfield-4.38
10 Day High3.18
10 Day Low2.46
20 Day High3.18
20 Day Low2.26
52 Week High13.1
52 Week Low2.26
CS1 End2.75
CR1 Start2.87
Volume & EV
DER(3)1.39%
DER(5)-8.47%
Volume115.90K
Volume Incr174.86%
Vol(5)35.80K
Vol(50)40.14K