The long trend has been declining since the end of 2021, but there is a short trend in 2023 where the trend is horizontal, price graph and MA converge.
From January 9 to March 9, we have a head-shoulder formation (HS). The formation is supported to some extent by volume movements. There is a break down, but the object has not been taken out.
At the beginning of the HS formation we have a small double bottom formation (DB). There is break up, but it is quickly neutralized by the HS formation.
There is support around 135 and resistans around 183. It is determined by a chart of 1Y.
There is a poor correlation between price peaks and volume peaks.
RSI around 50. OBV rising over the past 1.5 months.
MACD and Stochastic follow the price.
On tradingview.com, MA and oscillators stand one day on purchase, one week on neutral and one month on sell.
Consider the stock technically weak negative medium long time, one to 6 months.
There are recorded short positions at 3.14%, down from 3.9% in mid-February.
Fundamental analysts (6) have an average price target of 177. They are divided by as many positives as negatives to the stock.
The substance value of Kinnevik B is given as 196.6.
Disclaimer: I have a smaller position in the stock. I sold most of it when the price went down, I wanted to reduce the drain.
Keep in mind that you need to do your own research and assessment before buying and selling.
Sources: Trading View, Yahoo Finance, ibindex.se and blankningsregistret.se.
From January 9 to March 9, we have a head-shoulder formation (HS). The formation is supported to some extent by volume movements. There is a break down, but the object has not been taken out.
At the beginning of the HS formation we have a small double bottom formation (DB). There is break up, but it is quickly neutralized by the HS formation.
There is support around 135 and resistans around 183. It is determined by a chart of 1Y.
There is a poor correlation between price peaks and volume peaks.
RSI around 50. OBV rising over the past 1.5 months.
MACD and Stochastic follow the price.
On tradingview.com, MA and oscillators stand one day on purchase, one week on neutral and one month on sell.
Consider the stock technically weak negative medium long time, one to 6 months.
There are recorded short positions at 3.14%, down from 3.9% in mid-February.
Fundamental analysts (6) have an average price target of 177. They are divided by as many positives as negatives to the stock.
The substance value of Kinnevik B is given as 196.6.
Disclaimer: I have a smaller position in the stock. I sold most of it when the price went down, I wanted to reduce the drain.
Keep in mind that you need to do your own research and assessment before buying and selling.
Sources: Trading View, Yahoo Finance, ibindex.se and blankningsregistret.se.