SAITECH GLOBAL CORP (SAI) Stock Technical Analysis
NASDAQ:SAI - Nasdaq - KYG7852T1031 - Common Stock - Currency: USD
Taking everything into account, SAI scores 0 out of 10 in our technical rating. SAI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
89% of all other stocks performed better in the past year than SAI.
SAI is one of the lesser performing stocks in the Software industry. 78% of 284 stocks in the same industry do better.
SAI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SAI is lagging the market.
In the last month SAI has a been trading in the 0.71 - 1.04 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
SAI has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.74
1.02
We can see 4 important resistance areas.
- A resistance zone ranging from 0.83 to 0.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.89 from a trend line in the weekly time frame.
- Resistance @0.95 from a trend line in the daily time frame.
- Resistance @1.01 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.04
Mansfield-2.9
10 Day High0.9
10 Day Low0.72
20 Day High1.04
20 Day Low0.72
52 Week High1.65
52 Week Low0.7
Performance
1 Week-8.52%
2 Weeks-11.86%
1 Month-12.78%
3 Month-18.47%
6 Month-40.94%
12 Month-37.49%
2 Year-76.85%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)38.87
LBB0.73
UBB0.91
0.7501
+0.01 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.09%
1 Week-8.52%
2 Weeks-11.86%
1 Month-12.78%
3 Month-18.47%
6 Month-40.94%
12 Month-37.49%
2 Year-76.85%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%10.16%
ATR Inc-3.22%
Range Today0.06
ADR(20)0.07
ADR(20)%9.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.04
Mansfield-2.9
10 Day High0.9
10 Day Low0.72
20 Day High1.04
20 Day Low0.72
52 Week High1.65
52 Week Low0.7
CS1 EndN/A
CR1 Start0.83
Volume & EV
DER(3)-25.52%
DER(5)-11.64%
Volume19.20K
Volume Incr-25.76%
Vol(5)25.28K
Vol(50)189.47K