SAFE PRO GROUP INC (SPAI) Stock Technical Analysis
NASDAQ:SPAI - Nasdaq - US78642D1019 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to SPAI. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SPAI is a bad performer.
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. 96% of 65 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month SPAI has a been trading in the 2.20 - 4.50 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although SPAI has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
2.43
4.63
When analyzing the support we can see 4 important areas.
- Support @3.78 from a horizontal line in the daily time frame.
- A support zone ranging from 3.43 to 3.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.60 from a trend line in the weekly time frame.
- Support @2.45 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @4.20 from a trend line in the daily time frame.
- Resistance @4.27 from a horizontal line in the daily time frame.
- Resistance @4.58 from a horizontal line in the weekly time frame.
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 High4.5
10 Day Low2.47
20 Day High4.5
20 Day Low2.2
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-5.63%
2 Weeks44.09%
1 Month14.53%
3 Month-12.03%
6 MonthN/A
12 MonthN/A
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)0.18
RSI(14)59.28
LBB1.69
UBB4.65
4.02
+0.17 (+4.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg4.42%
1 Week-5.63%
2 Weeks44.09%
1 Month14.53%
3 Month-12.03%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%12.89%
ATR Inc16.44%
Range Today0.48
ADR(20)0.51
ADR(20)%12.64%
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 High4.5
10 Day Low2.47
20 Day High4.5
20 Day Low2.2
52 Week HighN/A
52 Week LowN/A
CS1 End3.78
CR1 Start4.2
Volume & EV
DER(3)1.95%
DER(5)1.54%
Volume80.10K
Volume Incr-34.54%
Vol(5)209.80K
Vol(50)332.97K