Can Saga shares keep heading higher?

Independent analyst Alistair Strang studies the upside opportunity for this resurgent small-cap share. 

7th October 2025 07:52

by Alistair Strang from Trends and Targets

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As the chart shows, Saga (LSE:SAGA)'s share price has been enjoying a prolonged afternoon nap since the Covid-19 fall of 2020, but it has recently been showing signs of waking up.

    We’re now looking for movement above 299p as this should trigger recovery to an initial 316p. If exceeded, our longer term secondary target works out at 384p.

    While the visuals indicate a strong potential for hesitation at 384p, achievement of such a target should prove useful from a Big Picture perspective, as closure above such a level takes the value into a zone where a cycle to 560p should become valid.

    If things intend to go wrong for Saga, the share price needs below 227p to foul things up totally, but for now we’re fairly impressed with its potentials and shall be keeping an eye on them.

    saga071025.jpg

    Source: Trends and Targets. Past performance is not a guide to future performance.

    Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.

    Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea. 

    These articles are provided for information purposes only.  Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties.  The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.

    Full performance can be found on the company or index summary page on the interactive investor website. Simply click on the company's or index name highlighted in the article.

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