Analysis News

  • The best newsletter in the market
  • Customisable and personal
  • By e-mail every morning, for free

Receive Analysis News:

EMail:

Free daily newsletter every morning

Content
Signals
All indicators - Medium term
TelenorApr 19, 2024
AutostoreApr 19, 2024
ScatecApr 19, 2024
Siem OffshoreApr 19, 2024
BonheurApr 19, 2024

Hovedindeksen moved more or less horizontally on Friday and closed at 1341 points (-0.1 percent). The week as a whole showed a loss of 2.5 percent.

142 shares showed a gain and 143 showed a loss. 28 shares were unchanged and closed at the same price as the previous day. There was no trading in 17 shares.

Total value of the trading volume for shares and primary capital certificates Friday was approximately 5.6 billion.

Barramundi Group rose sharply to close at 4.90 kroner, up 22.5 percent. The stock has now closed up for the sixth day in a row and this past month the stock has gained as much as 988.9 percent. It was also high volume. Overall it was traded for 9 millions kroner in the stock, which is four times as much as normal daily turnover. Technically it also looks good. The stock is trend wise negative in the medium term, but has marginally broken up through resistance at 4.80 kroner.
Norsk Titanium rose sharply to close at 1.20 kroner, up 30.4 percent. The previous time the stock gained this much was Dec 20. 2023, when it closed up 160.0 percent. The stock has now closed up for the fifth day in a row. It was also high volume. Overall it was traded for 6 millions kroner in the stock, which is four times as much as normal daily turnover. The stock is trend wise negative in the medium term.
Akastor ended with a solid gain of 6.6 percent and closed at 13.00 kroner. This past week the stock has gained as much as 19.0 percent. Technically it also looks good. The stock is trend wise positive in the medium term, has support at 12.10 kroner and a further increase is indicated.
Equinor closed at 299 kroner after a small loss of 0.5 percent. The stock has now closed down for the fifth day in a row.
IDEX Biometrics showed a small loss and ended the day at 1.99 kroner, which is a decline of 3.3 percent. The stock has now fallen for the eighth day in a row. The stock is trend wise negative in the medium term.

Lowest close since Mar 11.
The market showed a negative development Friday, and OMX Stockholm PI ended the day at 937 points, which is a decline of 0.6 percent. The index has not closed lower since Mar 11. The week as a whole showed a loss of 1.1 percent.

US 500 falls for the sixth day in a row
The market showed a negative development Friday, and S&P 500 ended the day at 4967 points, which is a decline of 0.9 percent. The week as a whole showed a loss of 3.0 percent. The index has now closed down for the sixth day in a row.

Indices
Hovedindeksen
arrow green   Positive Candidate
Hovedindeksen shows strong development within a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 1313 points. The index is assessed as technically positive for the medium long term.
OMX Stockholm PI
arrow green   Positive Candidate
OMX Stockholm PI has broken through the floor of a rising trend channel in the medium long term. This indicates a slower rising rate at first, or the start of a more horizontal development. The price has risen strongly since the positive signal from the rectangle formation at the break through resistance at 828. The objective at 914 is now met, but the formation still gives a signal in the same direction. The index has support at points 860 and resistance at points 970. The index is overall assessed as technically positive for the medium long term.
S&P 500
arrow green   Weak Positive Candidate
S&P 500 has broken through the floor of a rising trend channel in the medium long term. This indicates a slower rising rate at first, or the start of a more horizontal development. The index has support at points 4600 and resistance at points 5250. The short term momentum of the index is strongly negative, with RSI below 30. This indicates increasing pessimism among investors and further decline for S&P 500. However, particularly in big stocks, low RSI may be a sign that the stock is oversold and that there is a chance for a reaction upwards. 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 index is overall assessed as technically slightly positive for the medium long term.
Today's candidate
Frontline Plc (FRO) Price 256.40, Apr 19, 2024
chart
Frontline Plc shows strong development within a rising trend channel in the medium long term. Rising trends indicate that the company experiences positive development and that buy interest among investors is increasing. The stock has broken up through resistance at kroner 246. This predicts a further rise. The stock is assessed as technically positive for the medium long term.
Recommendation: Positive


 
Latest days indices
AEX-0.62%860.01
CAC40-0.01%8022.41
COMPX-2.05%15282.00
DAX-0.56%17737
HEX0.71%9837.57
N100-0.33%1495.86
OMXC25GI0.68%2182.04
OMXSPI-0.57%936.75
OSEBX-0.10%1341.22
PSI20-0.51%6295.12
TECDAX-0.74%3187.20
BUK100P0.19%788.44
EURUSD-0.16%1.0600
CL (OIL)0.50%83.14
Indices Evaluations
 SML
AEXpospospos
CAC40posneutralpos
COMPXpospospos
DAXpospospos
HEXneutralneutralneg
N100posneutralpos
OMXC25GIneutralneutralneutral
OMXSPIneutralpospos
OSEBXpospospos
PSI20pospospos
TECDAXnegneutralneg
BUK100Pneutralpospos
EURUSDnegnegneg
CL (OIL)posposneutral

S: Short term.    M: Medium term.    L: Long term.
Stock Exchange barometer
Oslo Børs - Medium term
 
      
46% 27% 27%
 166 Buy Candidates
 97 Neutral
 97 Sell Candidates
Track what the insiders are doing! Insider buys in green, insider sales in red.
 
   Last month:
   76% Positive
   39 Positive
   12 Negative
Cancel Analysis News
Disclaimer Copyright © 2024 Investtech.com AS, Org nr 978 655 424 MVA


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.

[ Back to default newsletter setup ]

Edit AnalysisNews

Register as a recipient of AnalysisNews in order to customise the content.
 


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.

×

Please login here

 
Forgot your password?

Titlex

OK
+

Cookie consent

We use cookies to give you a better user experience. If you continue to use the website, you accept this. For further details click here.

Our use of cookies

When you use our website, we store a cookie on your device. The cookie is used to recognize your device so that your settings work when you use our websites. The information that is stored is completely anonymised. Cookies are automatically deleted after a certain time.

Necessary cookies

Investtech uses cookies to ensure basic functions such as page navigation and language selection. Without such cookies, the website does not function as it should. You cannot therefore make a reservation against these. If you still want to disable such cookies you can do so in your browser settings. In the Cookies section add this website to the list of sites which are not allowed to save cookies on your device.

Cookies from Google

We use services from Google Analytics and Google AdWords. These register cookies on your device when you visit our website. Google registers your IP address in order to keep statistics on user activity on the website. The IP address is anonymised, so that we have no opportunity to link the activities to a specific person. We use these statistics to be able to offer more interesting content on the website and to constantly improve ourselves. Google AdWords collects data so that our advertising on other websites gives better results. We cannot trace the data of individuals.

Allow cookies from Google