NASDAQ:SAIA - Nasdaq - US78709Y1055 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to SAIA. SAIA has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, SAIA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 311.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 296.68, a Stop Loss order could be placed below this zone.
255.62
When analyzing the support we can see 3 important areas.
We can see 2 important resistance areas.
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 SAIA is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAIA is up. |
ChartMill Relative Strength | 44.2 | 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 | NEGATIVE | The current price of SAIA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 64.71 | NEUTRAL | The RSI value for SAIA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.46 | POSITIVE | The MACD value suggests SAIA has a positive trend. |
Stochastics (14,3) | 85.38 | 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) | 18.46 | NEGATIVE | The low ADX value for SAIA suggests a weak or negative trend. |
311.79
+0.81 (+0.26%)