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
DNB BankApr 24, 2024
MPC Container ShipsApr 24, 2024
Norske SkogApr 24, 2024
Gram Car CarriersApr 24, 2024
BW Energy LimitedApr 24, 2024

The market moved up Wednesday, and Hovedindeksen ended at 1353 points, which is an increase of 1.0 percent.

169 shares showed a gain and 121 showed a loss. 25 shares were unchanged and closed at the same price as the previous day. There was no trading in 15 shares.

Total value of the trading volume for shares and primary capital certificates Wednesday was approximately 6.8 billion.

Nordic Semiconductor ended with a solid gain of 36.4 percent and closed at 121 kroner. The stock has never gained more in one day since Sep 27. 2002, when it was up 42.3 percent. It also looks good technically. The stock is trend wise negative in the medium term, but has support at 108 kroner.
Gram Car Carriers closed at 267 kroner after a huge gain of 25.4 percent. The stock has never gained more in one day since we started measuring this Jan 31. 2022. It was also very high volume. Overall it was traded for 116 millions kroner in the stock, which is 21 times as much as normal daily turnover. Technically it also looks good. The stock is trend wise positive in the medium term, has support at 233 kroner and a further increase is indicated.
Norsk Titanium developed positively, and gained 6.1 percent to a close of 2.26 kroner. This past week the stock has gained as much as 151.1 percent. Technically it also looks good. The stock is trend wise negative in the medium term, but has marginally broken up through resistance at 2.25 kroner.
Storebrand ended with a solid gain of 7.5 percent and closed at 105 kroner. The previous time the stock gained this much was Nov 9. 2020, when it closed up 8.9 percent. The stock has now risen for the fourth day in a row. The volume was also high. At session end it was bought and sold shares for about 335 million kroner in the stock, which equals four times mean daily turnover. It also looks good technically. The stock is trend wise positive in the medium term, has support at 92.00 kroner and a further increase is indicated.
MPC Container Ships closed at 15.89 kroner after posting a gain of 13.8 percent. The previous time the stock gained this much was Nov 19. 2021, when it closed up 15.5 percent. The stock has now closed up for the fourth day in a row. The volume was also high. At session end it was bought and sold shares for about 302 million kroner in the stock, which equals four times mean daily turnover. It also looks good technically. The stock is trend wise positive in the medium term, has support at 14.60 kroner and a further increase is indicated.

Stockholmsbörsen weakly lower Wednesday
The market showed a small loss Wednesday, and OMX Stockholm PI ended the day at 950 points, which is a decline of 0.4 percent.

US 500 approximately even on Wednesday
S&P 500 moved more or less horizontally on Wednesday and closed at 5072 points (+0.0 percent).

Indices
Hovedindeksen
arrow green   Positive Candidate
Hovedindeksen is in 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 1310 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 is approacing resistance at 970 points, which may give a negative reaction. However, a break upwards through 970 points will be a positive signal. Positive volume balance shows that volume is higher on days with rising prices than days with falling prices. This indicates increasing optimism among investors. 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 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
Nordic Semiconductor (NOD) Price 121.00, Apr 24, 2024
chart
Nordic Semiconductor has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate. 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 108 kroner. The volume balance is positive and 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. The stock is overall assessed as technically positive for the medium long term.
Recommendation: Positive


 
Latest days indices
AEX-0.09%874.02
CAC40-0.17%8091.86
COMPX1.59%15697.00
DAX-0.27%18089
HEX-0.53%9925.43
N100-0.19%1515.79
OMXC25GI-1.26%2197.27
OMXSPI-0.43%949.57
OSEBX1.01%1353.28
PSI20-0.95%6529.93
TECDAX0.39%3299.60
BUK100P-0.07%802.78
EURUSD-0.14%1.0700
CL (OIL)1.78%83.36
Indices Evaluations
 SML
AEXposneutralpos
CAC40posneutralpos
COMPXposposneutral
DAXposneutralpos
HEXneutralposneutral
N100pospospos
OMXC25GIneutralposneutral
OMXSPIneutralpospos
OSEBXpospospos
PSI20pospospos
TECDAXnegnegneutral
BUK100Ppospospos
EURUSDnegnegneg
CL (OIL)posposneutral

S: Short term.    M: Medium term.    L: Long term.
Stock Exchange barometer
Oslo Børs - Medium term
 
      
45% 31% 24%
 162 Buy Candidates
 111 Neutral
 87 Sell Candidates
Track what the insiders are doing! Insider buys in green, insider sales in red.
 
   Last month:
   76% Positive
   34 Positive
   11 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