Free Holmen AB Series A (HOLM-A) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Hold Hold
Last Update / Period
17 May / Daily
Category/Currency
Stocks/USD
Exchange/Country
XSTO/Sweden

Holmen AB Series A (HOLM-A) signal with technical analysis on 17 May

On 17 May, we conducted a comprehensive technical analysis of Holmen AB Series A (HOLM-A), considering 256 signals with intricate details. Here are the key findings: 153 signals suggested buy strategies, while 22 indicated sell strategies. The remaining 81 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 34
Sell Signals: 9
Neutral Signals: 21
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 37
Sell Signals: 6
Neutral Signals: 21
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 40
Sell Signals: 5
Neutral Signals: 19
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 42
Sell Signals: 2
Neutral Signals: 20
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 153
Sell Signals: 22
Neutral Signals: 81
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Holmen AB Series A (HOLM-A) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Holmen AB Series A (HOLM-A) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

Holmen AB Series A (HOLM-A) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

Holmen AB Series A (HOLM-A) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of 7.1%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **Holmen AB Series A (HOLM-A)** holdings.

Holmen AB Series A (HOLM-A) Price Analysis and Resistance Levels:

Given our current long position in Holmen AB Series A (HOLM-A), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (442.42217867715): The primary hurdle is the 442.42217867715 price level. If the prevailing trend remains unchanged, Holmen AB Series A (HOLM-A) could break above this level, indicating its strength and potential for further growth.

Second resistance level (443.40752571688): If the upward trend shows significant strength, Holmen AB Series A (HOLM-A) may cross the second resistance level at 443.40752571688, signaling a significant upside move and a promising direction for our position.

Third resistance level (448.56709050808): For a more comprehensive analysis, we should consider a scenario where Holmen AB Series A (HOLM-A) not only breaks the second resistance level but also holds its price above this benchmark. If this trend continues in the coming days, it could pave the way for Holmen AB Series A (HOLM-A) to reach the third resistance level at 448.56709050808.
It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading Holmen AB Series A (HOLM-A), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

Holmen AB Series A (HOLM-A) technical analysis chart

Holmen AB Series A (HOLM-A) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 442.42217867715 443.40752571688 448.56709050808 451.54429117839 456.50633809817
Support 390.19864614587 387.03797468354 383.06835058964 354 --
 Holmen AB Series A (HOLM-A) Support and Resistance area (17 May)  Holmen AB Series A (HOLM-A) Support and Resistance area (17 May)

Holmen AB Series A (HOLM-A) signals list for 17 May

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Holmen AB Series A (HOLM-A) candlestick patterns on 17 May

Today's Holmen AB Series A (HOLM-A) Candle Patterns List:

Holmen AB Series A (HOLM-A) technical analysis over the past days

# Date Overal Signals ALL Signals
1 16 May Hold HoldHoldHoldHold
2 15 May Hold HoldHoldHoldHold
3 14 May Hold HoldHoldHoldHold
4 13 May Hold HoldHoldHoldHold
5 12 May Hold HoldHoldHoldHold
6 09 May Hold HoldHoldHoldHold
7 08 May Hold HoldHoldHoldHold
8 07 May Buy BuyBuyBuyBuy
9 06 May Sell SellSellNeutralSell
10 05 May Hold NeutralHoldHoldNeutral
11 02 May Buy BuyHoldHoldNeutral
12 30 Apr Buy NeutralHoldHoldNeutral
13 29 Apr Buy NeutralHoldBuyNeutral
14 28 Apr Hold HoldHoldNeutralNeutral
15 25 Apr Hold HoldHoldHoldNeutral
16 24 Apr Hold HoldHoldHoldNeutral
17 23 Apr Buy HoldBuyNeutralNeutral
18 22 Apr Buy BuyNeutralNeutralHold
19 17 Apr Hold NeutralNeutralHoldHold
20 16 Apr Buy BuySellHoldHold
21 15 Apr Hold NeutralNeutralHoldHold
22 14 Apr Buy BuyHoldHoldHold
23 11 Apr Hold NeutralHoldHoldHold
24 10 Apr Hold NeutralHoldHoldHold
25 09 Apr Hold HoldHoldHoldHold
26 08 Apr Hold HoldHoldHoldHold
27 07 Apr Hold HoldHoldHoldHold
28 04 Apr Hold HoldHoldHoldHold
29 03 Apr Hold HoldHoldHoldHold
30 02 Apr Hold HoldHoldHoldHold

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