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SAGA PURE ASA (SAGA.OL) Stock Technical Analysis

OSL:SAGA - Euronext Oslo - NO0010572589 - Common Stock - Currency: NOK

1.325  +0.01 (+0.76%)

Technical Rating and Analysis

7

Overall SAGA gets a technical rating of 7 out of 10. Although SAGA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
SAGA is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so SAGA slightly outperforms the market at the moment.
SAGA has an average volume of 1323870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, SAGA outperforms 66% of them, which is more or less in line with the market.
SAGA is an average performer in the Financial Services industry, it outperforms 63% of 47 stocks in the same industry.
In the last month SAGA has a been trading in a tight range between 1.26 and 1.34.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SAGA PURE ASA / SAGA Weekly stock chart
SAGA PURE ASA / SAGA Daily stock chart
Setup Rating and Analysis

8

SAGA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.32, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.23

1.37

We found 2 important support areas.

  • A support zone ranging from 1.27 to 1.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.24 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 1.33 to 1.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.77
Mansfield0.67
10 Day High1.33
10 Day Low1.26
20 Day High1.34
20 Day Low1.26
52 Week High1.38
52 Week Low1.16
Performance
1 Week0.76%
2 Weeks0%
1 Month-0.38%
3 Month6%
6 Month2.32%
12 Month4.74%
2 Year-12.25%
3 Year-53.44%
5 Year65.63%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)56.12
LBB1.29
UBB1.34
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
1.341.260.08 (5.99%)16.69%
An entry @1.33. This is a Buy Stop order right above the 10 day high.An exit @1.25. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.08 points, which is 5.99%.When investing 16.69% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SAGA PURE ASA / SAGA Daily stock chart

SAGA PURE ASA

OSL:SAGA (4/25/2025, 7:00:00 PM)

1.325

+0.01 (+0.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.76%
1 Week0.76%
2 Weeks0%
1 Month-0.38%
3 Month6%
6 Month2.32%
12 Month4.74%
2 Year-12.25%
3 Year-53.44%
5 Year65.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%1.17%
ATR Inc-55.32%
Range Today0.01
ADR(20)0.01
ADR(20)%0.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.77
Mansfield0.67
10 Day High1.33
10 Day Low1.26
20 Day High1.34
20 Day Low1.26
52 Week High1.38
52 Week Low1.16
CS1 End1.32
CR1 Start1.33
Volume & EV
DER(3)0%
DER(5)0%
Volume920.83K
Volume Incr-42.76%
Vol(5)807.42K
Vol(50)1.32M