SalMar (SALM.OL)

Close: 489.00 (-3.40), Nov 23, 2020
Positive

Medium risk

Automatic technical analysis. Medium term, Nov 23, 2020

Investors have paid higher prices over time to buy SalMar and the stock is in a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The stock has met the objective at 490 after a break of rectangle formation. The price has now fallen, but the formation indicates further rise. The stock has support at kroner 464 and resistance at kroner 540. The stock is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive (Score: 51)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-1.68%84.35-0.69%
5 days-29.615.44%93.66-9.18%
22 days23.4013.87%91.74+0.43%
66 days14.1125.56%74.70+7.19%

More analyses of SalMar

chart SalMar (SALM) Candlesticks 22 Days
Candlesticks
chart SalMar (SALM) Short term
Short term: Weak Negative
chart SalMar (SALM) Medium term
Medium term: Positive
chart SalMar (SALM) Long term
Long term: Positive
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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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