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Saexploration Hlds (SAEX) Stock Technical Analysis

NASDAQ:SAEX - Nasdaq -

1.65  -0.14 (-7.82%)

After market: 1.49 -0.16 (-9.7%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to SAEX. SAEX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

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.
SAEX is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
When comparing the performance of all stocks over the past year, SAEX turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
In the last month SAEX has a been trading in the 1.50 - 2.22 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.
Weekly and Daily overview Charts
Saexploration Hlds / SAEX Weekly stock chart
Saexploration Hlds / SAEX Daily stock chart
Setup Rating and Analysis

5

Although the technical rating is bad, SAEX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

1.20

2.53

We found 4 important support areas.

  • A support zone ranging from 1.61 to 1.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.54 from a horizontal line in the daily time frame.
  • Support @1.50 from a trend line in the daily time frame.
  • Support @1.21 from a trend line in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 1.69 to 1.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.88 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 1.99 to 2.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @2.50 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.34
Mansfield-2.86
10 Day High2.22
10 Day Low1.52
20 Day High2.22
20 Day Low1.5
52 Week High4.47
52 Week Low0.95
Performance
1 Week-13.61%
2 Weeks5.1%
1 Month-7.3%
3 Month52.78%
6 Month-48.44%
12 Month-50.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)48.77
LBB1.41
UBB1.98
Saexploration Hlds / SAEX Daily stock chart

Saexploration Hlds

NASDAQ:SAEX (6/16/2020, 8:00:03 PM)

After market: 1.49 -0.16 (-9.7%)

1.65

-0.14 (-7.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.82%
1 Week-13.61%
2 Weeks5.1%
1 Month-7.3%
3 Month52.78%
6 Month-48.44%
12 Month-50.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%12.12%
ATR Inc-14.92%
Range Today0.22
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.34
Mansfield-2.86
10 Day High2.22
10 Day Low1.52
20 Day High2.22
20 Day Low1.5
52 Week High4.47
52 Week Low0.95
CS1 End1.61
CR1 Start1.69
Volume & EV
DER(3)-4.5%
DER(5)-6.89%
Volume243.90K
Volume Incr-58.21%
Vol(5)127.32K
Vol(50)886.00K