We assign a technical rating of 0 out of 10 to SPAI. SPAI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SPAI has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
3.72
When analyzing the support we can see 3 important areas.
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 | DOWN | NEGATIVE | The short term trend for SPAI is down. |
| ChartMill Relative Strength | 12.88 | NEGATIVE | SPAI has a low relative strength, it was outperformed by 87.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPAI is below a declining 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) | 40.28 | NEUTRAL | The RSI value for SPAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SPAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 24.81 | NEUTRAL | The Stochastics value for SPAI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.37 | HIGH VOLATILITY | The high ATR as a percentage value for SPAI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.51 | NEUTRAL | The ADX value for SPAI suggests a possible start of a new trend. |
4.375
+0.22 (+5.42%)
ChartMill assigns a technical rating of 0 / 10 to SPAI.
The current trend direction for SAFE PRO GROUP INC (SPAI) is Bearish.
SAFE PRO GROUP INC (SPAI) has an RSI value of 40.2764. This indicates that the stock is currently neutral.
The MACD indicator for SAFE PRO GROUP INC (SPAI) has a value of 0.0143023, indicating a bearish trend.