SANOMA OYJ (SAA1V.HE) Stock Technical Analysis
Europe - HEL:SAA1V - FI0009007694 - Common Stock
Taking everything into account, SAA1V scores 8 out of 10 in our technical rating. In the last year, SAA1V was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although SAA1V has an excellent technical rating, it does not present a decent entry opportunity 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
11.70
4 important support areas can be observed.
- A support zone ranging from 13.44 to 13.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 12.90 to 13.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.49 to 12.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.82 to 12.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @14.13 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 14.39 to 14.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SAA1V.HE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAA1V.HE is up. |
| ChartMill Relative Strength | 80.94 | POSITIVE | SAA1V.HE has a high relative strength, it outperformed 80.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAA1V.HE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAA1V.HE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SAA1V.HE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.32 | NEUTRAL | The RSI value for SAA1V.HE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SAA1V.HE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.6 | NEUTRAL | The Stochastics value for SAA1V.HE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for SAA1V.HE suggests some volalility. |
HEL:SAA1V (6/15/2022, 5:24:55 PM)
13.98
+0.19 (+1.38%)
SANOMA OYJ / SAA1V.HE FAQ
Can you provide the ChartMill technical rating for SANOMA OYJ?
ChartMill assigns a technical rating of 7 / 10 to SAA1V.HE.
Can you provide the trend direction for SANOMA OYJ?
The current trend direction for SANOMA OYJ (SAA1V.HE) is Bearish.
Can you provide the RSI signal for SANOMA OYJ?
SANOMA OYJ (SAA1V.HE) has an RSI value of 66.3238. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SANOMA OYJ?
The MACD indicator for SANOMA OYJ (SAA1V.HE) has a value of 0.108398, indicating a bearish trend.
Can you provide the short term momentum for SANOMA OYJ?
The short term momentum for SANOMA OYJ (SAA1V.HE) is positive.