Saia stock price technical buyers watch $555 as

Technical buyers watch $555 as short-term resistance, while freight industry outlook signals steady seasonal demand. Over half a decade, Saia managed to grow its earnings per share at 25% a year. This EPS growth is slower than the share price growth of 42% per year, over the same period. So it's fair to assume the market has a higher opinion of the business than it did five years ago. And that's hardly shocking given the track record of growth. Saia’s shares are very volatile and have had 21 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. Saia stock price recovered from early losses to close at $551.15 after shipping rate data showed stability in LTL markets. Macro trends indicate moderate freight growth through mid-year.