SAFESTORE HOLDINGS PLC (SAFE.L) Stock Technical Analysis
LON:SAFE - London Stock Exchange, The - GB00B1N7Z094 - REIT - Currency: GBX
Taking everything into account, SAFE scores 2 out of 10 in our technical rating. In the past year, SAFE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, SAFE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 608.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 601.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SAFE 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
577.17
When analyzing the support we notice one important area.
- A support zone ranging from 583.00 to 601.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 608.97 to 619.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
LON:SAFE (4/25/2025, 5:29:54 PM)
605.5
-1.5 (-0.25%)