SAAB B (SAABB.ST)

Close: 369.50 (-9.90), Apr 7, 2025

Commentaries

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: Low	Volatility risk: Medium

Analyst's Recommendation

Feb 18, 2025 (49 days ago)
Fredrik Dahl Bråten
fredrik.braten@investtech.com

Recommendation one to six months: Positive

Fredrik Dahl Bråten, Feb 18, 2025 (price 286.00)

Svenske SAAB steget kraftig rundt årsskiftet 2023-2024 og var opp 83 prosent mellom 7. desember 2023 og 8. april 2024. Siden har aksjen ligget i en tilnærmet horisontal, svakt fallende, trendkanal, frem til i går. Aksjen har nå med sterkt positivt kortsiktig momentum brutt opp fra trendkanalen på mellomlang sikt og har utløst nye kjøpssignaler. Statistisk har nordiske aksjer med brudd opp gjennom horisontale trendkanaler steget 29,4 prosent årlig, som er 19,1 prosentpoeng raskere enn resten av markedet i samme periode. Siste motstand ved 270 kroner er også brutt og har utløst enda et kjøpssignal. Ved en negativ reaksjon er det støtte ved 235 kroner som kan bremse et videre fall. En videre oppgang signaliseres og med 13 prosent månedlige kurssvingninger anses risikoen i selskapet som moderat.

Recommendation one to six months: Positive

Published: e24 (Feb 18, 2025 18:49) [FDB]

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 Later price developments may indicate changes in the market and investor optimism, and render the analysis outdated.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	-	1.82%	2 705.57	-2.61%
5 days	-38.61	6.24%	2 051.81	-6.13%
22 days	-10.08	16.87%	2 005.21	-1.47%
66 days	24.14	34.23%	1 298.15	+58.72%

Previous recommendations

Fredrik Dahl Bråten, Apr 10, 2024 (price 885.80)

Etter ny rekord på mandag, falt i går kursen for det svenske selskapet SAAB rundt 10 prosent. Aksjen ligger nå ved gulvet i en bratt stigende trend på mellomlang sikt. En videre kursoppgang indikeres. Om kursen bryter signifikant ned gjennom trendgulvet vil en svakere stigningstakt for aksjen indikeres fremover.

Faller SAAB videre nedover, er det støtte ved 620 og 550 kroner som kan bremse et videre kursfall.

Oppførselen til innsiderne i SAAB indikerer at de lenge vært skeptiske til kursnivået i aksjen. Siste halvannet år har det vært 16 innsidesalg blant nøkkelpersoner i selskapet, og kun ett innsidekjøp. SAAB er derfor negativ på innsidehandler.

Månedlige svingninger på 14 prosent gjør risikoen i aksjen moderat. SAAB får samlet sett en fortsatt kjøpsanbefaling.

Recommendation one to six months: Positive
Published: e24 (Apr 10, 2024 08:19) [FDB]

Espen Grønstad, Feb 15, 2024 (price 775.80)

SAAB B has broken up from an approximate horizontal trend channel in the medium long term. This signals a continued strong development, and the stock now meets support on possible reactions down towards the ceiling of the trend channel. The price has risen strongly since the positive signal from the rectangle formation at the break through resistance at 604. The objective at 706 is now met, but the formation still gives a signal in the same direction. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the stock has support at approximately 540 kronor. Positive volume balance, with high volume on days of rising prices and low volume on days of falling prices, strengthens the stock in the short term. RSI is above 70 after a good price increase the past weeks. The stock has strong positive momentum and further increase is indicated. However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. The stock is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive
Published: Nordic Top 10 (Feb 15, 2024 08:57) [EG]

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.

Evaluation	Time horizon	Price	Published	Analyst
Positive	Medium term	286.00	Feb 18, 2025 18:49, e24	FDB
Positive	Medium term	885.80	Apr 10, 2024 08:19, e24	FDB
Positive	Medium term	775.80	Feb 15, 2024 08:57, Nordic Top 10	EG
Positive	Medium term	681.60	Jan 25, 2024 09:32, Nordic Top 10	EG
Positive	Medium term	681.20	Jan 18, 2024 09:55, Nordic Top 10	EG
Positive	Medium term	650.60	Jan 11, 2024 09:00, Nordic Top 10	EG

EG: Espen Grønstad (Senior Advisor)

FDB: Fredrik Dahl Bråten (Analyst)

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