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Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
SSAB SWEDISH STEEL A (NASDAQ:SSAAF)
Countertrend Down (-85) - SSAAF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SSAAF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SSAAF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SSAAF
The long-term trend has been DOWN since May 30th, 2023 at 6.37
The intermediate-term trend has been DOWN since Sep 18th, 2023 at 5.52
The short-term trend has been UP since Mar 4th, 2024 at 5.50
Smart Scan Analysis for SSAAF
Based on our trend formula, SSAAF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.77 | 5.77 | 5.64 | 5.64 | -0.46 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.64 | 229 | 2024-04-25 11:18:00 |
| 52wk High | 8.23 | 52wk High Date | 2024-03-01 |
| 52wk Low | 5.17 | 52wk Low Date | 2023-10-19 |
| Average Volume | 11,865 |