SAFE - Daily - Technical analysis published on 10/28/2024 (GMT)
- 180
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : WITHOUT TARGET
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 0.5967 EUR
My targets
-
My analysis
The bearish trend is currently very strong for SAFE. As long as the price remains below the resistance at 0.5967 EUR, you could try to take advantage of the bearish rally. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SAFE rating 0.2490 EUR. On the day, this instrument gained +22.66% and was between 0.2000 EUR and 0.2490 EUR. This implies that the price is at +24.50% from its lowest and at 0% from its highest.0.2000
0.2490
0.2490
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this SAFE chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Piercing line
Type : Bullish
Timeframe : Daily
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.2490 | 1.8000 | 6.3000 | 10.8000 |
| Change (%) | - | +622.89% | +2,430.12% | +4,237.35% |
| Change | - | +1.5510 | +6.0510 | +10.5510 |
| Level | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1137 | 0.1583 | 0.1807 | 0.2253 | 0.2477 | 0.2923 | 0.3147 |
| Camarilla | 0.1846 | 0.1907 | 0.1969 | 0.2030 | 0.2091 | 0.2153 | 0.2214 |
| Woodie | 0.1025 | 0.1528 | 0.1695 | 0.2198 | 0.2365 | 0.2868 | 0.3035 |
| Fibonacci | 0.1583 | 0.1839 | 0.1997 | 0.2253 | 0.2509 | 0.2667 | 0.2923 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.2263 | -0.0117 | 0.0957 | 0.3103 | 0.4177 | 0.6323 | 0.7397 |
| Camarilla | 0.1145 | 0.1440 | 0.1735 | 0.2030 | 0.2325 | 0.2620 | 0.2916 |
| Woodie | -0.2800 | -0.0385 | 0.0420 | 0.2835 | 0.3640 | 0.6055 | 0.6860 |
| Fibonacci | -0.0117 | 0.1113 | 0.1873 | 0.3103 | 0.4333 | 0.5093 | 0.6323 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.9467 | -0.3433 | -0.0067 | 0.5967 | 0.9333 | 1.5367 | 1.8733 |
| Camarilla | 0.0715 | 0.1577 | 0.2438 | 0.3300 | 0.4162 | 0.5023 | 0.5885 |
| Woodie | -1.0800 | -0.4100 | -0.1400 | 0.5300 | 0.8000 | 1.4700 | 1.7400 |
| Fibonacci | -0.3433 | 0.0158 | 0.2376 | 0.5967 | 0.9558 | 1.1776 | 1.5367 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 44.02 | |
| MACD (12,26,9): | -0.0516 | |
| Directional Movement: | 8.1966 | |
| AROON (14): | -21.4286 | |
| DEMA (21): | 0.2350 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.5121 | |
| Elder Ray (13): | -0.0635 | |
| Super Trend (3,10): | 0.4913 | |
| Zig ZAG (10): | 0.2490 | |
| VORTEX (21): | 0.8451 | |
| Stochastique (14,3,5): | 5.03 | |
| TEMA (21): | 0.2585 | |
| Williams %R (14): | -84.92 | |
| Chande Momentum Oscillator (20): | -0.0010 | |
| Repulse (5,40,3): | -13.8414 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -2.1401 | |
| Courbe Coppock: | 8.24 |
| MA7: | 0.2867 | |
| MA20: | 0.2916 | |
| MA50: | 0.4597 | |
| MA100: | 0.7278 | |
| MAexp7: | 0.2722 | |
| MAexp20: | 0.3116 | |
| MAexp50: | 0.4772 | |
| MAexp100: | 1.9778 | |
| Price / MA7: | -13.15% | |
| Price / MA20: | -14.61% | |
| Price / MA50: | -45.83% | |
| Price / MA100: | -65.79% | |
| Price / MAexp7: | -8.52% | |
| Price / MAexp20: | -20.09% | |
| Price / MAexp50: | -47.82% | |
| Price / MAexp100: | -87.41% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on SAFE. At the time of publication of this analysis, the latest news was as follows:
- Safe and Green Development Corporation Regains Compliance with Nasdaq Listing Standards
- Safe and Green Development Corporation Pours Foundation for First Time in Company History
- IBM Advances Secure AI, Quantum Safe Technology with IBM Guardium Data Security Center
- SOBRsafe Launches Revolutionary Alcohol Detection Software: Transforming Patient Care for Behavioral Health Providers
- Safe and Green Development Corporation Releases Letter to Shareholders
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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