RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SAIA
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Saia stock price ended at $585.00 on Thursday, after gaining 0.782%.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Dec 14, 2023 Gain 43.91% PDF

The Saia stock price gained 0.782% on the last trading day (Thursday, 28th Mar 2024), rising from $580.46 to $585.00. During the last trading day the stock fluctuated 2.19% from a day low at $574.10 to a day high of $586.67. The price has risen in 6 of the last 10 days but is still down by -0.63% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 18 thousand more shares were traded than the day before. In total, 203 thousand shares were bought and sold for approximately $118.65 million.

The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $582.26 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 43.87% during the next 3 months and, with a 90% probability hold a price between $837.67 and $947.49 at the end of this 3-month period.

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SAIA Signals & Forecast

The Saia stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $582.69 and $573.30. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 06, 2024, and so far it has fallen -3.45%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Saia stock

On the downside, the stock finds support just below today's level from accumulated volume at $536.02 and $534.51. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Saia finds support just below today's level at $536.02. If this is broken, then the next support from accumulated volume will be at $534.51 and $450.58.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $12.57 (2.19%) between high and low. For the last week, the stock has had daily average volatility of 2.19%.

Our recommended stop-loss: $560.10 (-4.26%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 16 days ago.)

Trading Expectations (SAIA) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Saia to open at $581.92, and during the day (based on 14 day Average True Range), to move between $568.73 and $601.27, which gives a possible trading interval of +/-$16.27 (+/-2.78%) up or down from last closing price. If Saia takes out the full calculated possible swing range there will be an estimated 5.56% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $601.36 (2.80%) than the support at $536.02 (8.37%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Saia stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Saia stock to perform well in the short-term.

Current score: 4.358 Buy Candidate Unchanged

Predicted Opening Price for Saia of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$581.92 ( 0.526%) $585.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SAIA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 594.49 1.62 %
R2 589.69 0.80 %
R1 586.73 0.295 %
Current price: 585.00
Support S1 577.12 -1.35 %
S2 574.16 -1.85 %
S3 569.35 -2.67 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 605.92 3.58 %
R2 604.77 3.38 %
R1 601.36 2.80 %
Current price 585.00
Support S1 536.02 -8.37%
S2 534.51 -8.63%
S3 450.58 -22.98%

FAQ

What is the symbol for Saia Stock and on which exchange is it traded?
The symbol for Saia is SAIA and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Saia Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Saia stock to perform well in the short-term.

How to buy Saia Stock?
Saia Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Saia Stock.

What's the current price of Saia Stock?
As of the end of day on the 2024-03-28, the price of an Saia (SAIA) share was $585.00.

What is the 52-week high and low for Saia Stock?
The 52-week high for Saia Stock is $628.34 and the 52-week low is $244.70.

What is the market capitalization of Saia Stock?
As of the 2024-03-28, the market capitalization of Saia is 15.554B.

When is the next earnings date for Saia?
The upcoming earnings date for Saia is Apr 26, 2024.
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About Saia

Saia Saia, Inc., through its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 400 and 10,000 pounds; and other value-added services, including non-asset truckload, expedited, and logistics services. As of December 31, 2021, it operated 176 owned and leased facilities; and owned approximately 5,600 tractors and 19,300 trailers. The company was formerly known as ... SAIA Profile

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