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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.

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NASDAQ_SDVKY
Open High Low SDVKY Price Change
18.3000 18.3000 17.9308 17.9900 -0.3300
Entry Signal

MarketClub’s Trade Triangles for SDVKY

long term down The long-term trend has been DOWN since May 24th, 2023 at 18.625

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2023 at 20.030

short term down 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).

-90
Smart Scan Analysis for SDVKY
Strong Downtrend Sideways 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 High20.18Year High Date2018-01-25
Year Low14.236Year Low Date2018-11-28
52wk High25.680652wk High Date2022-08-26
52wk Low12.8152wk Low Date2022-09-27
Year End Close16.15Average Volume35,632
Shares Outstanding1,254,386% Institutional1
Assets119,128,000MLiabilities540,470,000M
Beta1.94Volatility30.38
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