Saga Communications Stock Forecast

Buy or Hold candidate since May 13, 2025 Gain 6.27%

The Saga Communications, Inc stock price gained 1.11% on the last trading day (Wednesday, 11th Jun 2025), rising from $12.58 to $12.72. During the last trading day the stock fluctuated 4.35% from a day low at $12.19 to a day high of $12.72. The price has risen in 6 of the last 10 days and is up by 6.09% over the past 2 weeks. Volume fell on the last day by -7 thousand shares and in total, 2 thousand shares were bought and sold for approximately $26.10 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Saga Communications, Inc stock with a 90% probability to be traded between $11.33 and $13.44 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stock seldom manage to go directly from the bottom of a trend up to the top. Stock turning up in the middle of a horizontal trend are therefore considered to be potential runners.

SGA Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, June 05, 2025, and so far it has fallen -3.93%. 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). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. The Saga Communications, Inc 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 $12.58 and $12.01. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for Saga Communications, Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $11.97 and $11.77. 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, Saga Communications, Inc finds support just below today's level at $11.97. If this is broken, then the next support from accumulated volume will be at $11.77 and $11.71.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.530 between high and low, or 4.35%. For the last week the stock has had daily average volatility of 5.76%.

Our recommended stop-loss: $12.13 (-4.62%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (SGA) For The Upcoming Trading Day Of Thursday 12th

For the upcoming trading day on Thursday, 12th we expect Saga Communications, Inc to open at $12.54, and during the day (based on 14 day Average True Range), to move between $12.18 and $13.26, which gives a possible trading interval of +/-$0.539 (+/-4.24%) up or down from last closing price. If Saga Communications, Inc takes out the full calculated possible swing range there will be an estimated 8.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $12.85 (1.02%) than the support at $11.97 (5.90%), 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 Saga Communications, Inc stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Saga Communications, Inc stock to perform well in the short-term period.

Current score: 1.901 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 12, 2025 - $12.54 ( 1.39%).

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