Brief Retracement Before Surprise EarningsLeadup
Before earnings, SACH's price fell about 13%. SACH reported a surprise above expected EPS.
Price Action
After reporting a surprise, price gapped up and began consolidation. Today that consolidation broke upwards with a substantial gap and moved towards its previous highs.
Indicators
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
−0.93 USD
−39.57 M USD
35.53 M USD
44.99 M
About Sachem Capital Corp.
Sector
Industry
CEO
John L. Villano
Website
Headquarters
Branford
Founded
2016
FIGI
BBG00F48C2K4
Sachem Capital Corp. is a real estate finance company, which engages in the provision of real estate investment trust services. The firm specializes in originating, underwriting, funding, servicing, and managing services for a portfolio of short-term loans. It offers short-term, secured, and non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or development of residential and commercial properties. The company was founded by Jeffrey C. Villano and John L. Villano in January 2016 and is headquartered in Branford, CT.
SACH: Ascending Triangle, To be confirmed (67% posible gain)Ascending Triangle, waiting for confirmation
Pros:
Descending volume during formaton
Volume Spike at break out
PPS above 50Ma and 200MA
RS above 0 and ascending
R/R above 16, high
Cons:
ATR descending, less volatile
250RSI below 50
200MA descending
If confirmed:
PT = 6,06$
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.