SalMar (SALM.OL)

Close: 542.00 (+2.50), Dec 23, 2024
Commentaries
chart SalMar (SALM) Medium term

Automatic technical analysis of the stock, based on last closing price. The chart may have changed since the analyst's recommendation was written.

Medium risk

Liquidity risk: LowVolatility risk: Medium

Analyst's Recommendation

Nov 15, 2024 (40 days ago)
Geir Linløkken
geir.linlokken@investtech.com

Recommendation one to six months: Negative

Geir Linløkken, Nov 15, 2024 (price 543.00)

Added to Short portfolio
Recommendation one to six months: Negative

Published: Morning Report (Nov 15, 2024 08:09), Stay Away Portfolio (Nov 15, 2024 08:09) [GL]

 

The analysis is written by Investtech's analyst on the given date based on the price charts of this date. The analysis is meant to be valid for a few weeks, up to a few months. Later price developments may indicate changes in the market and investor optimism, and render the analysis outdated. Investtech's automatic analyses, updated daily, will often reflect such changes.


Period  
Vol.bal. Volatility Liquidity +/- %
1 day-1.20%41.89+0.46%
5 days-79.134.24%132.44-6.71%
22 days-0.3111.08%118.35-5.08%
66 days-3.3821.58%101.71-1.19%

Previous recommendations

Fredrik Dahl Bråten, Nov 6, 2024 (price 547.00)

SalMar har de siste par årene steget mye og er tilbake til nivåene fra før debatten og innføringen av lakseskatt. Aksjen nådde i mars ett toppnivå på 675 kroner, like under rekordnivået fra april 2022 ved 684 kroner. Siden har den snudd nedover og ligger i en fallende trendkanal på mellomlang sikt. Statistisk har aksjer i fallende trender under prestert resten av markedet med 5,8 annualiserte prosentpoeng. Selskapet legger frem tall for tredjekvartal 18. november og anses nå negativ på mellomlang sikt.
Det er ingen synlig støtte i kursdiagrammet. Ved en positiv reaksjon er det motstand 640, 590 og 550 kroner, like over gårsdagens sluttkurs, som kan bremse en videre oppgang.
Selskapet svinger med 11 prosent i måneden. Risikoen i selskapet anses derfor som moderat.

Recommendation one to six months: Negative
Published: e24 (Nov 6, 2024 11:27), Morning Report (Nov 6, 2024 11:29) [FDB]

Geir Linløkken, Sep 6, 2024 (price 545.50)

Den aller svakeste aksjen fredag 6. september er olje og offshoreselskapet Aker BP, mens TGS kommer ut som den tredje svakeste aksjen nå. Begge ble omtalt i onsdagens rapport om oljeaksjene.
På andreplass over de svakeste aksjene kommer fiskeoppdrettsselskapet Salmar.

SalMar har vært en vinner på Oslo Børs i mange år, og går vil tilbake til 2012, har kursen mer enn 30-doblet seg. Også de siste par årene er kursen bra opp, men nå varsler grafen at sentimentet har snudd.
Sent i august presset investorene sterkt på for å komme seg ut av SalMar. Kursen utløste salgssignal fra en stor hode-og-skuldre-formasjon og brøt ned gjennom den tidligere støtten ved 553 kroner. Begge signalene varsler en økende pessimisme rundt aksjen. Høyt volum forsterker signalene, og et videre kursfall indikeres.
SalMar er negativ på innsidehandler etter til sammen fem salg og bare ett kjøp det siste året.

Recommendation one to six months: Negative
Published: Morning Report (Sep 6, 2024 07:25), e24 (Sep 6, 2024 09:04) [GL]

Analysts' recommendations last 18 months

chart Analysts' recommendations last 18 months
 Positive/Weak Positive
 Neutral
 Negative/Weak Negative
History of Investtech's analysts' analyses of the stock. Analyses are shown by coloured dots on the day the analysis was based on.
EvaluationTime horizonPricePublishedAnalyst
NegativeMedium term543.00       Nov 15, 2024 08:09, Morning Report, Stay Away PortfolioGL
NegativeMedium term547.00       Nov 6, 2024 11:27, e24, Morning ReportFDB
NegativeMedium term545.50       Sep 6, 2024 07:25, Morning Report, e24GL
PositiveMedium term626.00       Aug 12, 2024 08:52, Morning ReportFDB
PositiveMedium term702.80       Mar 19, 2024 22:35, Morning Report, e24FDB
PositiveMedium term643.80       Feb 27, 2024 21:04, Morning Report, Today´s CaseFDB
PositiveMedium term596.20       Jan 23, 2024 23:59, Morning Report, e24, Today´s CaseFDB
PositiveMedium term588.60       Jan 5, 2024 07:47, Stay Away PortfolioGL
Weak NegativeMedium term556.00       Dec 21, 2023 20:05, Morning Report, Stay Away PortfolioGL
Weak PositiveMedium term520.00       Nov 7, 2023 20:53, e24, Morning ReportFDB
Weak PositiveMedium term537.20       Oct 3, 2023 22:50, e24, Morning ReportFDB

FDB: Fredrik Dahl Bråten (Analyst)

GL: Geir Linløkken (Head of Analyses)

 


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.

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