SSAB B (SSABB.ST)

Close: 51.44 (+0.72), May 13, 2022
Positive

Medium risk

Automatic technical analysis. Medium term, May 13, 2022

SSAB B has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. The stock has met the objective at 53.92 after a break of the rectangle formation. The price has now fallen, but the formation indicates further rise. The stock has support at kronor 42.00 and resistance at kronor 62.00. The RSI curve shows a falling trend, which could be an early signal of the start of a falling trend for the price as well. The stock is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive (Score: 50)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-1.93%269.74+1.42%
5 days-43.356.49%395.76-1.23%
22 days-26.8817.52%438.51-11.16%
66 days-6.3038.09%452.89+9.82%

More analyses of SSAB B

chart SSAB B (SSABB) Candlesticks 22 Days
Candlesticks
chart SSAB B (SSABB) Short term
Short term: Negative
chart SSAB B (SSABB) Medium term
Medium term: Positive
chart SSAB B (SSABB) 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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