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Do Traders Think Saia Inc (SAIA) Can Keep Climbing Thursday?

Thursday, October 28, 2021 10:12 AM | InvestorsObserver Analysts
Do Traders Think Saia Inc (SAIA) Can Keep Climbing Thursday?

The market has been high on Saia Inc (SAIA) stock recently. SAIA gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Saia Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SAIA!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With SAIA Stock Today?

Saia Inc (SAIA) stock is trading at $313.65 as of 10:11 AM on Thursday, Oct 28, a rise of $39.76, or 14.52% from the previous closing price of $273.89. The stock has traded between $292.40 and $316.32 so far today. Volume today is low. So far 53,279 shares have traded compared to average volume of 168,476 shares. To see InvestorsObserver's Sentiment Score for Saia Inc click here.

More About Saia Inc

Saia Inc is a transportation company. The company through its wholly-owned subsidiaries provides less-than-truckload, non-asset truckload, expedited and logistics services across the United States. It generates revenues from the transportation of freight. Click Here to get the full Stock Report for Saia Inc stock.

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