SACHEM CAPITAL CORP.

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	SACH
ISIN:

SACHEM CAPITAL CORP. - 1H - Technical analysis published on 05/14/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bearish

Technical indicators

28%

22%

50%

My opinion

Neutral between 3.15 USD and 3.25 USD

My targets

My analysis

A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 3.15 USD. The first resistance is located at 3.25 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.

Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

SACHEM CAPITAL CORP. rating 3.18 USD. The price registered a decrease of -0.31% on the session and was between 3.17 USD and 3.21 USD. This implies that the price is at +0.32% from its lowest and at -0.93% from its highest.

3.17

3.21

3.18

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by SACHEM CAPITAL CORP.:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of SACHEM CAPITAL CORP. indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour

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:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.92	3.08	3.15	3.18	3.25	3.31	3.43
Change (%)	-8.18%	-3.14%	-0.94%	-	+2.20%	+4.09%	+7.86%
Change	-0.26	-0.10	-0.03	-	+0.07	+0.13	+0.25
Level	Intermediate	Minor	Intermediate	-	Major	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.14	3.16	3.17	3.19	3.20	3.22	3.23
Camarilla	3.18	3.19	3.19	3.19	3.19	3.20	3.20
Woodie	3.15	3.16	3.18	3.19	3.21	3.22	3.24
Fibonacci	3.16	3.17	3.18	3.19	3.20	3.21	3.22

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.00	3.07	3.12	3.19	3.24	3.31	3.36
Camarilla	3.15	3.16	3.17	3.18	3.19	3.20	3.21
Woodie	3.00	3.07	3.12	3.19	3.24	3.31	3.36
Fibonacci	3.07	3.11	3.14	3.19	3.23	3.26	3.31

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.91	2.51	2.80	3.40	3.69	4.29	4.58
Camarilla	2.86	2.94	3.02	3.10	3.18	3.26	3.35
Woodie	1.77	2.43	2.66	3.32	3.55	4.21	4.44
Fibonacci	2.51	2.85	3.06	3.40	3.74	3.95	4.29

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):	48.74
MACD (12,26,9):	0.0000
Directional Movement:	9.13
AROON (14):	0
DEMA (21):	3.18
Parabolic SAR (0,02-0,02-0,2):	3.15
Elder Ray (13):	0
Super Trend (3,10):	3.12
Zig ZAG (10):	3.18
VORTEX (21):	0.9200
Stochastique (14,3,5):	44.44
TEMA (21):	3.18
Williams %R (14):	-58.33
Chande Momentum Oscillator (20):	0.02
Repulse (5,40,3):	-0.5100
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	0.21

MA7:	3.18
MA20:	3.18
MA50:	3.55
MA100:	3.56
MAexp7:	3.18
MAexp20:	3.18
MAexp50:	3.18
MAexp100:	3.20
Price / MA7:	-0%
Price / MA20:	-0%
Price / MA50:	-10.42%
Price / MA100:	-10.67%
Price / MAexp7:	-0%
Price / MAexp20:	-0%
Price / MAexp50:	-0%
Price / MAexp100:	-0.63%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News

Don't forget to follow the news on SACHEM CAPITAL CORP.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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