Stock Trend Analysis Report
Prepared for you on Tuesday, May 30, 2023.
SVENSKA HANDELSBANKEN NEW (NASDAQ:SVNLF)
Strong Downtrend (-100) - SVNLF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SVNLF continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SVNLF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SVNLF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SVNLF
The long-term trend has been DOWN since Mar 10th, 2023 at 9.662000
The intermediate-term trend has been DOWN since May 9th, 2023 at 8.510000
The short-term trend has been DOWN since May 24th, 2023 at 8.294549
Smart Scan Analysis for SVNLF
Based on our trend formula, SVNLF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||14.55||Year High Date||2018-02-21|
|Year Low||10.665||Year Low Date||2018-06-21|
|52wk High||10.86||52wk High Date||2023-01-24|
|52wk Low||7.75||52wk Low Date||2022-09-06|
|Year End Close||35.4||Average Volume||15,356|