Stronger Sell Today SGA ranks #4708 as SELL CANDIDATE. Weaker Sell
Today SGA ranks #4708 as SELL CANDIDATE.

SGA stock Saga Communications, Inc

SGA stock
Saga Communications, Inc

April 24, 2019
Change -5.93%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Hold

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

Will SGA stock price go up or down on Fri, 26 Apr 2019?

Saga Communications, Inc Forecast and Stock Analysis

Technical SGA stock analysis for April 24, 2019.

Sell candidate since 2019-04-24
Shorts n/a
Cash n/a
Loans n/a
Beta 1.05
ROA 5.40

Saga Communications, Inc fell by -5.93% in the last day from $34.88 to $32.81 The price has risen in 6 of the last 10 days and is up by 1.36% over the past 2 weeks. Volume has increased in the last day by 5 399 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 7 504 shares bought and sold for approximately $246 206.00.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the SGA stock was $32.81. This is 5.93% less than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 5.90% from a day low at $32.75 to a day high of $34.68.

30 day high of the SGA stock price was $34.88 and low was $31.75.
90 day high was $35.32 and low was $31.50.
52 week high for the Saga Communications, Inc - $40.10 and low - $30.05.

Trend

Given the current horizontal trend you can expect Saga Communications, Inc with 90% probability to be traded between $31.52 and $34.82 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

There are few to none technical positive signals at the moment. Saga Communications, Inc holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $33.19 and $33.19. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday April 23, 2019, which indicates further falls until a new bottom pivot has been found. Saga Communications, Inc gained volume on the last day, but on falling prices. In technical terms this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-off's".

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Relative Strength Index (RSI)

RSI14 is 47 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Saga Communications, Inc finds support from accumulated volume at $32.80.

Support: $32.80 Price: $32.81 Resistance: $33.30

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $1.93 (5.90%) between high and low. For the last week, the stock has had a daily average volatility of 2.79%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Evaluation: Sell Candidate

Saga Communications, Inc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.

Stronger Sell Today SGA ranks #4708 as SELL CANDIDATE. Weaker Sell
Today SGA ranks #4708 as SELL CANDIDATE.