Technical Analysis

Longer Term Trading Plans for SAIA

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short SAIA slightly under 386.16, target n/a, stop loss @ 387.28 Details

The technical summary data is suggesting a short of SAIA as it gets near 386.16, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 387.28. 386.16 is the first level of resistance above 364.66, and by rule, any test of resistance is a short signal. In this case, if resistance 386.16 is being tested, so a short signal would exist.

Swing Trading Plans for SAIA

• Buy SAIA slightly over 369.05, target 386.16, Stop Loss @ 367.98 Details

If 369.05 begins to break higher, the technical summary data tells us to buy SAIA just over 369.05, with an upside target of 386.16. The data also tells us to set a stop loss @ 367.98 in case the stock turns against the trade. 369.05 is the first level of resistance above 364.66, and by rule, any break above resistance is a buy signal. In this case, 369.05, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short SAIA slightly near 369.05, target 335.57, Stop Loss @ 370.12. Details

The technical summary data is suggesting a short of SAIA if it tests 369.05 with a downside target of 335.57. We should have a stop loss in place at 370.12 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 369.05, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for SAIA

• Buy SAIA slightly over 366.74, target 369.05, Stop Loss @ 365.88 Details

If 366.74 begins to break higher, the technical summary data tells us to buy SAIA just over 366.74, with an upside target of 369.05. The data also tells us to set a stop loss @ 365.88 in case the stock turns against the trade. 366.74 is the first level of resistance above 364.66, and by rule, any break above resistance is a buy signal. In this case, 366.74, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short SAIA slightly near 366.74, target 356.99, Stop Loss @ 367.6. Details

The technical summary data is suggesting a short of SAIA if it tests 366.74 with a downside target of 356.99. We should have a stop loss in place at 367.6 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 366.74, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

SAIA Technical Summary | Raw Data for the Trading Plans