SAG HOLDINGS LTD (SAG) Technical Analysis
NASDAQ:SAG • KYG7776G1047
Current stock price
SAG Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to SAG. 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.
- 100% of all other stocks performed better in the past year than SAG.
- SAG is one of the lesser performing stocks in the Distributors industry. 65% of 24 stocks in the same industry do better.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- SAG has an average volume of 3674120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- In the last month SAG has a been trading in the 0.53 - 1.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SAG Weekly and Daily overview Charts
SAG Setup Rating and Analysis
Although the technical rating is bad, SAG does present a nice setup opportunity. 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.
More info and screens
SAG Support and Resistance Analysis
0.60
3 important support areas can be observed.
- 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.
SAG Technical Indicator Signal Analysis
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. |
SAG Chart- and CandleStick Pattern Analysis
SAG Technicals: Chart, Performance Metrics, Trend & Indicators
1.01
-0.03 (-2.88%)
SAG HOLDINGS LTD / SAG TA FAQ
What is the technical rating for SAG stock?
ChartMill assigns a technical rating of 1 / 10 to SAG.
Can you provide the trend direction for SAG HOLDINGS LTD?
The current trend direction for SAG HOLDINGS LTD (SAG) is Bearish.
Can you provide the RSI signal for SAG HOLDINGS LTD?
SAG HOLDINGS LTD (SAG) has an RSI value of 51.4033. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SAG HOLDINGS LTD?
The MACD indicator for SAG HOLDINGS LTD (SAG) has a value of 0.0417988, indicating a bearish trend.
Can you provide the short term momentum for SAG HOLDINGS LTD?
The short term momentum for SAG HOLDINGS LTD (SAG) is positive.