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Content
Signals
All indicators - Medium term
OMX Stockholm BenchmarDec 23, 2024
OMX Stockholm BenchmarDec 23, 2024
OMX Stockholm 60 PIDec 23, 2024
OMX Stockholm 60 Cap PDec 23, 2024
OMX Stockholm IndustriDec 23, 2024

The market showed a small loss Monday, and OMX Stockholm PI ended the day at 949 points, which is a decline of 0.2 percent. The index has thereby closed down nine out of the past 11 days.

473 shares showed a gain and 448 showed a loss. 79 shares were unchanged and closed at the same price as the previous day. There was no trading in 37 shares.

Total value of the trading volume for shares and primary capital certificates Monday was approximately 14.9 billion.

Evolution closed at 822 kronor after posting a loss of 10.1 percent. The previous time the stock lost this much was May 9. 2022, when it closed down 11.1 percent. It was also high volume. Overall it was traded for 2800 millions kronor in the stock, which is five times as much as normal daily turnover. Nor does it look good technically. The stock is trend wise negative in the medium term, has resistance at 980 kronor and a further decline is indicated.
Alfa Laval lost 0.8 percent to 462 kronor. We must go back to Sep 12 to find a lower close for the stock. The stock broke down through the support at 463 kronor in double top formation. This triggered a sell signal and a further drop to 434 kronor within four months is indicated.
SSAB B moved horizontally and closed at 43.22 kronor (+0.1 percent). The stock thereby reversed up after nine days of losses. Technically, however, it does not look good. The stock is trend wise negative in the medium term, has broken down through support at 44.50 kronor and a further decline is indicated.
Xact Norden developed positively, and gained 1.1 percent to a close of 257 kronor. The stock thereby reversed up after nine days of losses. It was also high volume. Overall it was traded for 239 millions kronor in the stock, which is five times as much as normal daily turnover. It does, however, not look good technically. The stock is trend wise negative in the medium term and a further decline is indicated.
Wallenstam B closed at 47.08 kronor after a small loss of 1.0 percent. The stock broke down through the support at 47.14 kronor in head and shoulders formation. This triggered a sell signal and a further drop to 39.09 kronor within six months is indicated.

US 500 rises on Tuesday
The market moved up Tuesday, and S&P 500 ended at 6040 points, which is an increase of 1.1 percent.

Indices
OMX Stockholm PI
arrow yellow   Neutral
OMX Stockholm PI is within an approximate horizontal trend channel in the medium long term. This indicates that investors are uncertain and waiting for signals of further direction. A break upwards will be a positive signal, while a break downwards will be a negative signal. A head and shoulders formation is under development. A decisive break of the support at 935, ideally with an increase in volume, signals a further fall. The index is between support at points 927 and resistance at points 970. A definitive break through of one of these levels predicts the new direction. The index is overall assessed as technically neutral for the medium long term.
S&P 500
arrow green   Positive Candidate
Investors have paid higher prices over time to buy S&P 500 and the index is in a rising trend channel in the medium long term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. 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 5670 points. The index is assessed as technically positive for the medium long term.
Today's candidate
Dynavox Group AB (DYVOX) Price 62.30, Dec 23, 2024
chart
Dynavox Group AB is within an approximate horizontal trend channel in the medium long term, which indicates further development in the same direction. The stock is moving within a rectangle formation between support at 56.55 and resistance at 67.31. A decisive break through one of these levels indicates the new direction for the stock. The stock has marginally broken up through resistance at kronor 61.50. An established break predicts a further rise. The stock is overall assessed as technically positive for the medium long term.
Recommendation: Positive
Latest days indices
AEX0.46%876.26
CAC400.14%7282.69
COMPX0.98%19765.00
DAX-0.18%19849
HEX0.01%9326.85
N1000.21%1438.85
OMXC25GI1.64%2061.77
OMXSPI-0.16%948.84
OSEBX0.53%1408.00
PSI200.32%6325.74
TECDAX0.41%3427.73
BUK100P0.47%816.33
EURUSD-0.21%1.0400
CL (OIL)-0.32%69.24
Indices Evaluations
 SML
AEXnegnegpos
CAC40negnegneutral
COMPXpospospos
DAXpospospos
HEXnegnegneg
N100negnegpos
OMXC25GInegnegneutral
OMXSPInegneutralpos
OSEBXnegneutralneutral
PSI20negnegneutral
TECDAXposnegpos
BUK100Pneutralpospos
EURUSDnegnegneg
CL (OIL)neutralneutralpos

S: Short term.    M: Medium term.    L: Long term.
Stock Exchange barometer
Stockholmsbörsen - Medium term
 
      
18% 50% 32%
 195 Buy Candidates
 542 Neutral
 350 Sell Candidates
Track what the insiders are doing! Insider buys in green, insider sales in red.
 
   Last month:
   80% Positive
   607 Positive
   150 Negative
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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.


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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