SABAF SPA (SAB.MI) Stock Technical Analysis
BIT:SAB - Euronext Milan - IT0001042610 - Common Stock - Currency: EUR
Taking everything into account, SAB scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. SAB was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SAB is a bad performer in the overall market: 70% of all stocks are doing better.
SAB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SAB is lagging the market.
In the last month SAB has a been trading in the 14.53 - 16.00 range, which is quite wide. It is currently trading near the lows of this range.
Warning: SAB has an average volume of 4978 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
SAB is part of the Household Durables industry. There are 33 other stocks in this industry, SAB did better than 62% of them.
SAB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 14.00, a Stop Loss order could be placed below this zone.
More info and screens
13.44
19.17
We found 2 important support areas.
- 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.
We can see 4 important resistance areas.
- A resistance zone ranging from 14.63 to 15.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.41 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 15.67 to 15.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @18.98 from a horizontal line in the weekly time frame.
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 SAB.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SAB.MI is neutral. |
| ChartMill Relative Strength | 30.4 | NEUTRAL | SAB.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SAB.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SAB.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SAB.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.4 | NEUTRAL | The RSI value for SAB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SAB.MI has a negative trend. |
| Stochastics (14,3) | 10.37 | OVERSOLD | The low Stochastics value suggests SAB.MI may be oversold. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for SAB.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.76 | NEUTRAL | The ADX value for SAB.MI suggests a possible start of a new trend. |
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)
BIT:SAB (6/5/2025, 4:30:02 PM)
14.6
-0.1 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-0.68%
1 Week-4.55%
2 Weeks-1.67%
1 Month1.03%
3 Month3.16%
6 Month0%
12 Month-13.78%
2 Year5%
3 Year-37.45%
5 Year32.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%2.07%
ATR Inc-11.58%
Range Today0.08
ADR(20)0.21
ADR(20)%1.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.4
Mansfield-1.33
10 Day High16
10 Day Low14.55
20 Day High16
20 Day Low14.53
52 Week High19.75
52 Week Low13.25
CS1 End14
CR1 Start14.85
Volume & EV
DER(3)0%
DER(5)-0.03%
Volume293
Volume Incr5.8%
Vol(5)4.11K
Vol(50)4.98K