SAA in +3.21% Uptrend, advancing for three consecutive days on December 08, 2023
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where SAA advanced for three days, in of 321 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 01, 2023. You may want to consider a long position or call options on SAA as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SAA just turned positive on November 02, 2023. Looking at past instances where SAA's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
SAA moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for SAA crossed bullishly above the 50-day moving average on November 16, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 294 cases where SAA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for SAA moved out of overbought territory on December 05, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 33 similar instances where the indicator moved out of overbought territory. In of the 33 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SAA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SAA broke above its upper Bollinger Band on December 04, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| LMVOX | 26.83 | 0.29 | +1.09% |
| Lord Abbett Focused Small Cap Value F3 | |||
| FAFDX | 26.98 | 0.18 | +0.67% |
| Fidelity Advisor® Financials A | |||
| DRGYX | 39.63 | 0.21 | +0.53% |
| BNY Mellon Dynamic Value Fund Y | |||
| FGIPX | 14.15 | 0.07 | +0.50% |
| Delaware Growth and Income Instl | |||
| VIDMX | 7.93 | 0.03 | +0.38% |
| Virtus KAR Developing Markets I | |||
SAA and
Correlation & Price change
A.I.dvisor tells us that SAA and SPXL have been poorly correlated (+17% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that SAA and SPXL's prices will move in lockstep.
| Ticker / NAME | Correlation To SAA | 1D Price Change % | ||
|---|---|---|---|---|
| SAA | 100% | +1.26% | ||
| SPXL - SAA | 17% Poorly correlated | +1.20% | ||
| SSO - SAA | 17% Poorly correlated | +0.83% | ||
| QLD - SAA | 13% Poorly correlated | +0.78% | ||
| TQQQ - SAA | 13% Poorly correlated | +1.20% | ||
| SOXL - SAA | 9% Poorly correlated | +2.24% |