Trading Opportunity

Positive on Insider Trading and near support level


Theory: The Insiders in a company know a lot about the company, the market the company operates in and the future outlook. Maybe they even have better knowledge than analysts and investors that track the stock. When Insiders bet their own savings that the price will rise, and buy stocks in the company, this means they believe the stock to be fundamentally cheap. When the stock price is near a support level, this either means it has fallen back to a support, or that it has broken up through a resistance and given a buy signal. In both cases, the psychology of the market indicates that the price should rise further. When the stock is both fundamentally cheap (postive on Insider Trading) and technically positive, one has good chances to make a good investment.
Insider Trading score is only calculated for the medium long term, and only for the Norwegian and Swedish markets, so this trading opportunity only exists for the medium long term for Norway and Sweden.

Score: The most important elements in the calculation of the score for this trading opportunity are Insider Trading score, the strength of the support level and the distance to the support level. In addition the change in Insider Trading score for the last week, trend, formation and volume development is taken into account.

Buying price: Is set one "normal movement" above the support level. A "normal movement" is defined as the average price movement during a period equal to about one percent of the length of the chart.

Price target: Is set to the estimated theoretic maximum price, given that the price develops as a slightly coloured random walk for 20% of the length of the chart. Normally, this will be 15-30 procent of the height of the chart.

Stop loss: Is set to approximately one "normal movement" below the support level.

Time horizon: Is set from 14 to 20% of the length of the chart.

 


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