SAFE PRO GROUP INC (SPAI) Stock Technical Analysis
NASDAQ:SPAI - Nasdaq - US78642D1019 - Common Stock - Currency: USD
Overall SPAI gets a technical rating of 6 out of 10. SPAI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, SPAI is a bad performer in the overall market: 100% of all stocks are doing better.
SPAI is one of the lesser performing stocks in the Aerospace & Defense industry. 90% of 67 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SPAI has a been trading in the 2.82 - 4.39 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.
Although the technical rating is only medium, SPAI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.95. Right above this resistance zone may be a good entry point.
More info and screens
2.63
4.50
When analyzing the support we can see 2 important areas.
- Support @3.40 from a trend line in the daily time frame.
- Support @2.66 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.95 to 4.06. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 4.26 to 4.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @4.46 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 SPAI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPAI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SPAI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SPAI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPAI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPAI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.44 | NEUTRAL | The RSI value for SPAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SPAI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.73 | NEUTRAL | The Stochastics value for SPAI is a neutral value. |
| Average True Range in percent/ATR (20) | 12.83 | HIGH VOLATILITY | The high ATR as a percentage value for SPAI suggests high volalility. |
| Average Directional Index/ADX (14) | 24.29 | NEUTRAL | The ADX value for SPAI 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)
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 |
|---|---|---|---|
| 4.07 | 3.39 | 0.68 (16.71%) | 5.99% |
| An entry @4.07. This is a Buy Stop order right above the resistance zone. | An exit @3.39. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.68 points, which is 16.71%. | When investing 5.99% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SPAI. 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.
NASDAQ:SPAI (8/7/2025, 12:32:56 PM)
3.59
-0.25 (-6.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-6.51%
1 Week-1.54%
2 Weeks0.26%
1 Month30.61%
3 Month31.06%
6 Month44.36%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%12.83%
ATR Inc22.94%
Range Today0.3
ADR(20)0.47
ADR(20)%13.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High4.09
10 Day Low2.86
20 Day High4.39
20 Day Low2.82
52 Week HighN/A
52 Week LowN/A
CS1 End3.4
CR1 Start3.95
Volume & EV
DER(3)0.75%
DER(5)0.91%
Volume71.75K
Volume Incr376.66%
Vol(5)700.88K
Vol(50)146.75K