Taking everything into account, SASI scores 6 out of 10 in our technical rating. In the last year, SASI was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, SASI is a bad performer in the overall market: 79% of all stocks are doing better.
SASI is part of the Software industry. There are 284 other stocks in this industry, of which 61% are performing better than SASI.
SASI is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SASI has a been trading in the 2.51 - 4.34 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.