OSL:SAGA - Euronext Oslo - NO0010572589 - Common Stock - Currency: NOK
Taking everything into account, SAGA scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SAGA is only an average performer.
SAGA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.33, a Stop Loss order could be placed below this zone.
1.30
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The long term trend for SAGA.OL is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAGA.OL is up. |
ChartMill Relative Strength | 46.45 | NEUTRAL | SAGA.OL is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAGA.OL is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAGA.OL is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SAGA.OL is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 65.45 | NEUTRAL | The RSI value for SAGA.OL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SAGA.OL has a positive trend. |
Stochastics (14,3) | 46.67 | NEUTRAL | The Stochastics value for SAGA.OL is a neutral value. |
Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for SAGA.OL suggests low volalility. |
Average Directional Index/ADX (14) | 38.28 | POSITIVE | The high ADX value value for SAGA.OL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
1.37 | 1.30 | 0.07 (5.11%) | 19.57% |
An entry @1.37. This is a Buy Stop order right above the resistance zone. | An exit @1.30. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 5.11%. | When investing 19.57% of your capital in this trade, your total portfolio risk will be 1.00%. |
OSL:SAGA (7/2/2025, 7:00:00 PM)
1.355
+0.01 (+1.12%)