Taking everything into account, SAIA scores 8 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, SAIA is only an average performer.
Although SAIA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
248.92
When analyzing the support we can see 5 important areas.
- A support zone ranging from 339.18 to 343.13. 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 319.97 to 320.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @292.91 from a horizontal line in the daily time frame.
- Support @274.07 from a trend line in the weekly time frame.
- A support zone ranging from 251.43 to 253.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @528.27 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for SAIA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAIA is up. |
| ChartMill Relative Strength | 46.82 | NEUTRAL | SAIA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAIA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAIA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SAIA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.71 | NEUTRAL | The RSI value for SAIA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.14 | POSITIVE | The MACD value suggests SAIA has a positive trend. |
| Stochastics (14,3) | 88.73 | OVERBOUGHT | The high Stochastics value suggests SAIA may be overbought. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for SAIA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.77 | POSITIVE | The high ADX value value for SAIA suggests a strong trend. |
366.69
+9.01 (+2.52%)
SAIA INC / SAIA FAQ
What is the ChartMill technical rating of SAIA INC (SAIA) stock?
ChartMill assigns a technical rating of 8 / 10 to SAIA.
What is the trend direction for SAIA stock?
The current trend direction for SAIA INC (SAIA) is Bullish.
Can you provide the RSI signal for SAIA INC?
SAIA INC (SAIA) has an RSI value of 69.7092. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SAIA INC?
The MACD indicator for SAIA INC (SAIA) has a value of 2.13628, indicating a bullish trend.
What is the short term momentum for SAIA INC (SAIA) stock?
The short term momentum for SAIA INC (SAIA) is positive.