SAG HOLDINGS LTD (SAG) Stock Technical Analysis
USA - NASDAQ:SAG - KYG7776G1047 - Common Stock
Overall SAG gets a technical rating of 1 out of 10. SAG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
SAG 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 very little resistance above the current price. We notice that large players showed an interest for SAG 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.
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0.60
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.99 to 1.00. 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 0.89 to 0.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.61 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.04 from a trend line in the daily time frame.
- Resistance @1.09 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for SAG is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAG is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SAG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SAG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SAG is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 51.4 | NEUTRAL | The RSI value for SAG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SAG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.35 | NEUTRAL | The Stochastics value for SAG is a neutral value. |
| Average True Range in percent/ATR (20) | 15.12 | HIGH VOLATILITY | The high ATR as a percentage value for SAG suggests high volalility. |
| Average Directional Index/ADX (14) | 18.62 | NEGATIVE | The low ADX value for SAG suggests a weak or negative trend. |
1.01
-0.03 (-2.88%)
SAG HOLDINGS LTD / SAG FAQ
What is the technical rating for SAG stock?
ChartMill assigns a technical rating of 1 / 10 to SAG.
What is the trend direction for SAG stock?
The current trend direction for SAG HOLDINGS LTD (SAG) is Bearish.
What is the RSI signal for SAG HOLDINGS LTD (SAG) stock?
SAG HOLDINGS LTD (SAG) has an RSI value of 51.4033. This indicates that the stock is currently neutral.
What is the short term momentum for SAG stock?
The short term momentum for SAG HOLDINGS LTD (SAG) is positive.
What are the support and resistance levels for SAG HOLDINGS LTD (SAG) stock?
SAG HOLDINGS LTD (SAG) has a support level at 1 and a resistance level at 1.04. Check the full technical report for our detailed analysis of SAG support and resistance levels.