Stora Enso R (STERV.HEX)

Close: 15.45 (-0.20), May 17, 2021
Weak Negative

Medium risk

Automatic technical analysis. Medium term, May 17, 2021

Stora Enso R has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. The stock gave a negative signal from double top formation by the break down through the support at 15.69. Further fall to 14.68 or lower is signaled. The stock has support at euro 14.00 and resistance at euro 16.80. The RSI curve shows a falling trend, which could be an early signal for the start of a falling trend for the price as well. The stock is overall assessed as technically slightly negative for the medium long term.

Recommendation one to six months: Weak Negative (Score: -35)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-1.60%28.88-1.25%
5 days-16.635.45%24.52-3.62%
22 days5.8115.02%28.35-4.07%
66 days-4.6333.59%28.32+1.81%

More analyses of Stora Enso R

chart Stora Enso R (STERV) Candlesticks 22 Days
Candlesticks
chart Stora Enso R (STERV) Short term
Short term: Negative
chart Stora Enso R (STERV) Medium term
Medium term: Weak Negative
chart Stora Enso R (STERV) Long term
Long term: Negative
 


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.


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.

Titlex

OK