SAG HOLDINGS LTD (SAG) Stock Technical Analysis
NASDAQ:SAG - Nasdaq - KYG7776G1047 - Common Stock - Currency: USD
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 part of the Distributors industry. There are 19 other stocks in this industry, of which 77% are performing better than SAG.
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.
Although the technical rating is bad, SAG 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. 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
0.60
1.10
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.
When analyzing the resistance we notice 2 important areas.
- 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. |
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)
1.01
-0.03 (-2.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-2.88%
1 Week8.6%
2 Weeks18.13%
1 Month-5.61%
3 Month-60.55%
6 Month-83.17%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%15.12%
ATR Inc-23.11%
Range Today0.08
ADR(20)0.15
ADR(20)%14.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.32
10 Day Low0.8
20 Day High1.32
20 Day Low0.53
52 Week HighN/A
52 Week LowN/A
CS1 End1
CR1 Start1.04
Volume & EV
DER(3)7.45%
DER(5)-0.86%
Volume106.90K
Volume Incr-91.21%
Vol(5)111.36K
Vol(50)3.67M