SABAF SPA (SAB.MI) Stock Technical Analysis
BIT:SAB - Euronext Milan - IT0001042610 - Common Stock - Currency: EUR
Taking everything into account, SAB scores 2 out of 10 in our technical rating. In the past year, SAB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, SAB is a bad performer in the overall market: 72% of all stocks are doing better.
SAB is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: SAB has an average volume of 3984 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month SAB has a been trading in the 13.25 - 15.25 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SAB is an average performer in the Household Durables industry, it outperforms 59% of 33 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SAB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 14.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SAB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
13.44
19.17
We found 3 important support areas.
- A support zone ranging from 14.66 to 14.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.89 to 14.00. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @13.58 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @15.15 from a horizontal line in the daily time frame.
- A resistance zone ranging from 15.57 to 15.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.98 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
CRS28.24
Mansfield-0.85
10 Day High15
10 Day Low14.5
20 Day High15.25
20 Day Low13.25
52 Week High19.75
52 Week Low13.25
Performance
1 Week0%
2 Weeks4.53%
1 Month1.69%
3 Month-1.64%
6 Month-17.13%
12 Month-16.67%
2 Year-2.6%
3 Year-41.06%
5 Year45.63%
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)0.09
RSI(14)58.13
LBB13.75
UBB15.39
BIT:SAB (5/9/2025, 4:53:29 PM)
15
+0.2 (+1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg1.35%
1 Week0%
2 Weeks4.53%
1 Month1.69%
3 Month-1.64%
6 Month-17.13%
12 Month-16.67%
2 Year-2.6%
3 Year-41.06%
5 Year45.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%2.09%
ATR Inc-40.43%
Range Today0
ADR(20)0.16
ADR(20)%1.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.24
Mansfield-0.85
10 Day High15
10 Day Low14.5
20 Day High15.25
20 Day Low13.25
52 Week High19.75
52 Week Low13.25
CS1 End14.88
CR1 Start15.15
Volume & EV
DER(3)0%
DER(5)12.99%
Volume3
Volume Incr-97.83%
Vol(5)135.4
Vol(50)3.98K