


Technical Sentiment Analysis for Saba Capital Income & Opportunities Fund II (SABA). As of 2026-06-16, Saba Capital Income & Opportunities Fund II (SABA) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 3 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SABA stands at 44.59, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.04, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 19.15 and the Commodity Channel Index (CCI) at -63.13 further confirm a -0.31 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SABA is trading below its 60-day moving average of $8.4 and below its 200-day long-term moving average of $8.53. Key price levels to watch include the immediate resistance at $8.61 and strong support at $8.14. A break above $8.61 could signal a bull continuation, while falling below $8.14 may test the next Fibonacci floor at $7.94.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 7.67 | 7.94 | 8.14 | 8.41 | 8.61 | 8.88 | 9.08 |
| Fibonacci | 7.94 | 8.12 | 8.23 | 8.41 | 8.59 | 8.7 | 8.88 |
2026-06-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 44.59 |
| Stochastic Oscillator | 19.15 |
| Stochastic RSI | 16.55 |
| Commodity Channel Index (CCI) | -63.13 |
| Awesome Oscillator | -0.15 |
| Momentum | -0.31 |
| MACD | -0.04 |
2026-06-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 8.29 | Buy |
| 10-Day | 8.34 | Sell |
| 20-Day | 8.41 | Sell |
| 60-Day | 8.4 | Sell |
| 200-Day | 8.53 | Sell |
| 250-Day | 8.67 | Sell |