SAFETY SHOT INC (SHOT) Stock Technical Analysis
NASDAQ:SHOT - Nasdaq - US48208F1057 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to SHOT. In the last year, SHOT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
91% of all other stocks performed better in the past year than SHOT.
SHOT is one of the lesser performing stocks in the Personal Care Products industry. 76% of 35 stocks in the same industry do better.
SHOT 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 SHOT has a been trading in the 0.28 - 0.56 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.
SHOT has an average volume of 5054170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SHOT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for SHOT in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.39
0.54
We found 1 important support area.
- A support zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.52 to 0.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.53 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 | NEUTRAL | NEUTRAL | The long term trend for SHOT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHOT is up. |
| ChartMill Relative Strength | 9.39 | NEGATIVE | SHOT has a low relative strength, it was outperformed by 90.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHOT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHOT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SHOT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.94 | NEUTRAL | The RSI value for SHOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SHOT has a positive trend. |
| Stochastics (14,3) | 68.78 | NEUTRAL | The Stochastics value for SHOT is a neutral value. |
| Average True Range in percent/ATR (20) | 15.1 | HIGH VOLATILITY | The high ATR as a percentage value for SHOT suggests high volalility. |
| Average Directional Index/ADX (14) | 48.31 | POSITIVE | The high ADX value value for SHOT suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.53 | 0.38 | 0.15 (28.30%) | 3.53% |
| An entry @0.53. This is a Buy Stop order right above the resistance zone. | An exit @0.38. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.15 points, which is 28.30%. | When investing 3.53% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
0.505
+0.03 (+6.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg6.5%
1 Week23.17%
2 Weeks36.49%
1 Month66.12%
3 Month12.4%
6 Month-7.08%
12 Month-52.8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%15.1%
ATR Inc4.62%
Range Today0.12
ADR(20)0.07
ADR(20)%14.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.39
Mansfield-3.24
10 Day High0.56
10 Day Low0.35
20 Day High0.56
20 Day Low0.28
52 Week High1.77
52 Week Low0.23
CS1 End0.39
CR1 Start0.52
Volume & EV
DER(3)9.08%
DER(5)1.07%
Volume5.70M
Volume Incr19.51%
Vol(5)7.52M
Vol(50)5.05M