SAS AB (SAS.CO) Technical Analysis
CPH:SAS • SE0003366871
Current stock price
SAS.CO Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to SAS. SAS 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- SAS 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 SAS is lagging the market.
- In the last month SAS has a been trading in the 0.01 - 0.03 range, which is quite wide. It is currently trading near the high of this range.
- SAS has an average volume of 10594000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, SAS turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SAS.CO Weekly and Daily overview Charts
SAS.CO Setup Rating and Analysis
SAS has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SAS.CO Support and Resistance Analysis
0.02
When analyzing the support we notice one important area.
- A support zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
SAS.CO Technical Indicator Signal Analysis
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 SAS.CO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SAS.CO is neutral. |
| ChartMill Relative Strength | 54.01 | NEUTRAL | SAS.CO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAS.CO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAS.CO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SAS.CO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.08 | NEUTRAL | The RSI value for SAS.CO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SAS.CO has a positive trend. |
| Stochastics (14,3) | 47.47 | NEUTRAL | The Stochastics value for SAS.CO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.97 | HIGH VOLATILITY | The high ATR as a percentage value for SAS.CO suggests high volalility. |
| Average Directional Index/ADX (14) | 30.74 | POSITIVE | The high ADX value value for SAS.CO suggests a strong trend. |
SAS.CO Chart- and CandleStick Pattern Analysis
SAS.CO Technicals: Chart, Performance Metrics, Trend & Indicators
CPH:SAS (5/1/2024, 9:37:58 AM)
0.032
+0.02 (+88.24%)
SAS AB / SAS.CO TA FAQ
Can you provide the ChartMill technical rating for SAS AB?
ChartMill assigns a technical rating of 5 / 10 to SAS.CO.
What is the trend direction for SAS stock?
The current trend direction for SAS AB (SAS.CO) is Bearish.
What is the RSI signal for SAS stock?
SAS AB (SAS.CO) has an RSI value of 69.075. This indicates that the stock is currently neutral.
What is the support and resistance level for SAS stock?
SAS AB (SAS.CO) has a support level at 0.02. Check the full technical report for our detailed analysis of SAS.CO support and resistance levels.