SAFETY SHOT INC (SHOT) Stock Technical Analysis
NASDAQ:SHOT - Nasdaq - US48208F1057 - Common Stock - Currency: USD
Overall SHOT gets a technical rating of 1 out of 10. SHOT 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, SHOT is a bad performer in the overall market: 97% of all stocks are doing better.
SHOT is part of the Personal Care Products industry. There are 35 other stocks in this industry, of which 91% are performing better than SHOT.
SHOT 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.
SHOT has an average volume of 3763260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SHOT has a been trading in the 0.23 - 0.42 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, SHOT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.29
0.54
When analyzing the support we notice one important area.
- A support zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
5 important resistance areas can be observed.
- Resistance @0.30 from a trend line in the daily time frame.
- Resistance @0.32 from a trend line in the daily time frame.
- Resistance @0.33 from a horizontal line in the daily time frame.
- Resistance @0.46 from a trend line in the weekly time frame.
- 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 | DOWN | NEGATIVE | The long term trend for SHOT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SHOT is neutral. |
| ChartMill Relative Strength | 3.47 | NEGATIVE | SHOT has a low relative strength, it was outperformed by 96.53% 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) | DOWN | NEGATIVE | The current price of SHOT is below a declining 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) | 45.89 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 54.98 | NEUTRAL | The Stochastics value for SHOT is a neutral value. |
| Average True Range in percent/ATR (20) | 15.33 | HIGH VOLATILITY | The high ATR as a percentage value for SHOT suggests high volalility. |
| Average Directional Index/ADX (14) | 23.18 | NEUTRAL | The ADX value for SHOT 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)
0.3006
-0.01 (-3.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg-3.81%
1 Week-2.28%
2 Weeks23.65%
1 Month5.62%
3 Month-27.39%
6 Month-60.95%
12 Month-74.09%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%15.33%
ATR Inc-25.97%
Range Today0.03
ADR(20)0.05
ADR(20)%15.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.47
Mansfield-6.13
10 Day High0.37
10 Day Low0.24
20 Day High0.42
20 Day Low0.23
52 Week High1.77
52 Week Low0.23
CS1 End0.29
CR1 Start0.3
Volume & EV
DER(3)-11.25%
DER(5)-7.32%
Volume1.16M
Volume Incr-75.06%
Vol(5)1.76M
Vol(50)3.76M