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SABA Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Tuesday, December 6, 5:02 PM ET
Play Video: Learn About The 200 DMA

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In trading on Tuesday, shares of Saba Software Inc (SABA) crossed above their 200 day moving average of $7.81, changing hands as high as $7.84 per share. Saba Software Inc shares are currently trading up about 2.3% on the day. The chart below shows the one year performance of SABA shares, versus its 200 day moving average:

Saba Software Inc 200 Day Moving Average Chart

Looking at the chart above, SABA's low point in its 52 week range is $5.07 per share, with $10.62 as the 52 week high point that compares with a last trade of $7.69.

SABA operates in the Application Software sector, among companies like CA Inc (NASDAQ:CA) which is down about 0.1% today, and Check Point Software Technologies, Ltd. (NASDAQ:CHKP) trading lower by about 1.6%. Below is a three month price history chart comparing the stock performance of SABA, versus CA and CHKP.

SABA,CA,CHKP Relative Performance Chart


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