Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 31, 2023.
SANDVIK AB S/ADR (NASDAQ:SDVKY)
Long-Term Downtrend (-90) - SDVKY is in a strong downtrend that is likely to continue. While SDVKY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SDVKY?
MarketClub looks at technical strength and momentum to determine if the timing is right for SDVKY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SDVKY
The long-term trend has been DOWN since May 24th, 2023 at 18.625
The intermediate-term trend has been DOWN since May 4th, 2023 at 20.030
The short-term trend has been DOWN since May 23rd, 2023 at 19.100
Smart Scan Analysis for SDVKY
Based on our trend formula, SDVKY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.3000 | 18.3000 | 17.9308 | 17.9900 | -0.3300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.9900 | 48668 | 2023-05-30 15:59:00 |
| Year High | 20.18 | Year High Date | 2018-01-25 |
| Year Low | 14.236 | Year Low Date | 2018-11-28 |
| 52wk High | 25.6806 | 52wk High Date | 2022-08-26 |
| 52wk Low | 12.81 | 52wk Low Date | 2022-09-27 |
| Year End Close | 16.15 | Average Volume | 35,632 |
| Shares Outstanding | 1,254,386 | % Institutional | 1 |
| Assets | 119,128,000M | Liabilities | 540,470,000M |
| Beta | 1.94 | Volatility | 30.38 |