SIFCO INDUSTRIES (SIF) Stock Technical Analysis
NYSEARCA:SIF - NYSE Arca - US8265461033 - Common Stock - Currency: USD
Taking everything into account, SIF scores 8 out of 10 in our technical rating. In the last year, SIF was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: SIF has an average volume of 14580 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SIF did better than 88% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
SIF is part of the Aerospace & Defense industry. There are 66 other stocks in this industry, SIF did better than 49% of them.
SIF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SIF is lagging the market slightly.
In the last month SIF has a been trading in the 2.95 - 4.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, SIF also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for SIF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.36
4.05
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.55 to 3.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.48 to 3.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.38 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @3.70 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 3.82 to 3.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @4.01 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 | UP | POSITIVE | The long term trend for SIF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SIF is up. |
| ChartMill Relative Strength | 88.22 | POSITIVE | SIF has a high relative strength, it outperformed 88.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SIF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SIF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SIF is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.25 | NEUTRAL | The RSI value for SIF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SIF has a negative trend. |
| Stochastics (14,3) | 41.91 | NEUTRAL | The Stochastics value for SIF is a neutral value. |
| Average True Range in percent/ATR (20) | 6.26 | HIGH VOLATILITY | The high ATR as a percentage value for SIF suggests high volalility. |
| Average Directional Index/ADX (14) | 37.48 | POSITIVE | The high ADX value value for SIF 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 |
|---|---|---|---|
| 3.71 | 3.54 | 0.17 (4.58%) | 21.82% |
| An entry @3.71. This is a Buy Stop order right above the resistance zone. | An exit @3.54. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.17 points, which is 4.58%. | For a 1.00% total portfolio risk, you can invest 21.82% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SIF. Please evaluate whether better entry and exit points can be found.
- 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.
3.62
+0.06 (+1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg1.69%
1 Week-1.9%
2 Weeks1.12%
1 Month21.48%
3 Month27.46%
6 Month-0.82%
12 Month24.83%
2 Year47.15%
3 Year16.77%
5 Year-9.5%
10 Year-75.7%
15 Year-66.94%
Volatility
ATR(14)0.25
ATR(20)%6.26%
ATR Inc-22.38%
Range Today0.12
ADR(20)0.22
ADR(20)%5.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.22
Mansfield-0.3
10 Day High4.14
10 Day Low3.44
20 Day High4.14
20 Day Low2.95
52 Week High5.96
52 Week Low2.33
CS1 End3.55
CR1 Start3.7
Volume & EV
DER(3)-16.13%
DER(5)4%
Volume9.10K
Volume Incr21.6%
Vol(5)19.76K
Vol(50)14.58K