SAFE-T GROUP LTD-ADR (SFET) Technical Analysis
NASDAQ:SFET • US78643B5003
Current stock price
SFET Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to SFET. Recently some decent action could be observed, but in the medium term time frame this is still negative. SFET was also a bad performer in the overall market in the last year.
- 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 275 other stocks in this industry, of which 62% are performing better than SFET.
- SFET is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SFET is lagging the market.
- 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 Weekly and Daily overview Charts
SFET Setup Rating and Analysis
SFET has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
SFET Support and Resistance Analysis
2.71
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.
We can see 3 important resistance areas.
- 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.
SFET 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 | 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. |
SFET Chart- and CandleStick Pattern Analysis
SFET Technicals: Chart, Performance Metrics, Trend & Indicators
2.86
+0.06 (+2.14%)
SAFE-T GROUP LTD-ADR / SFET TA FAQ
What is the ChartMill technical rating of SAFE-T GROUP LTD-ADR (SFET) stock?
ChartMill assigns a technical rating of 2 / 10 to SFET.
Can you provide the trend direction for SAFE-T GROUP LTD-ADR?
The current trend direction for SAFE-T GROUP LTD-ADR (SFET) is Bearish.
What is the RSI signal for SAFE-T GROUP LTD-ADR (SFET) stock?
SAFE-T GROUP LTD-ADR (SFET) has an RSI value of 56.5882. This indicates that the stock is currently neutral.
What is the buy/sell signal for SFET stock?
The buy/sell signal for SAFE-T GROUP LTD-ADR (SFET) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for SAFE-T GROUP LTD-ADR (SFET) stock?
SAFE-T GROUP LTD-ADR (SFET) has a support level at 2.75 and a resistance level at 2.87. Check the full technical report for our detailed analysis of SFET support and resistance levels.