Free MATAS A/S (MATAS) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Neutral Neutral
Last Update / Period
17 Apr / Daily
Category/Currency
Stocks/USD
Exchange/Country
XCPH/Denmark

MATAS A/S (MATAS) signal with technical analysis on 17 Apr

On 17 Apr, we conducted a comprehensive technical analysis of MATAS A/S (MATAS), considering 256 signals with intricate details. Here are the key findings: 109 signals suggested buy strategies, while 60 indicated sell strategies. The remaining 87 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: 8
Neutral Signals: 22
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 29
Sell Signals: 8
Neutral Signals: 27
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 22
Sell Signals: 21
Neutral Signals: 21
Result: This strategy leads to a Neutral position.

Strategy 4:
Buy Signals: 24
Sell Signals: 23
Neutral Signals: 17
Result: This strategy leads to a Neutral position.

Overall Strategy:
Buy Signals: 109
Sell Signals: 60
Neutral Signals: 87
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 MATAS A/S (MATAS) 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 MATAS A/S (MATAS) 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:

MATAS A/S (MATAS) 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.

MATAS A/S (MATAS) 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 8.12%, 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 **MATAS A/S (MATAS)** holdings.

MATAS A/S (MATAS) Price Analysis and Resistance Levels:

Given our current long position in MATAS A/S (MATAS), 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 (138.19999694824): The primary hurdle is the 138.19999694824 price level. If the prevailing trend remains unchanged, MATAS A/S (MATAS) could break above this level, indicating its strength and potential for further growth.

Second resistance level (143.80000305176): If the upward trend shows significant strength, MATAS A/S (MATAS) may cross the second resistance level at 143.80000305176, signaling a significant upside move and a promising direction for our position.

Third resistance level (146.60000610352): For a more comprehensive analysis, we should consider a scenario where MATAS A/S (MATAS) 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 MATAS A/S (MATAS) to reach the third resistance level at 146.60000610352.
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 MATAS A/S (MATAS), 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.

MATAS A/S (MATAS) technical analysis chart

MATAS A/S (MATAS) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 138.19999694824 143.80000305176 146.60000610352 -- --
Support 127.86535539049 109 107.60361363766 106.62003357751 85.571427790304
 MATAS A/S (MATAS) Support and Resistance area (17 Apr)  MATAS A/S (MATAS) Support and Resistance area (17 Apr)

MATAS A/S (MATAS) signals list for 17 Apr

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

MATAS A/S (MATAS) candlestick patterns on 17 Apr

Today's MATAS A/S (MATAS) Candle Patterns List:

MATAS A/S (MATAS) technical analysis over the past days

# Date Overal Signals ALL Signals
1 16 Apr Hold HoldHoldNeutralNeutral
2 15 Apr Buy HoldBuyNeutralNeutral
3 14 Apr Hold HoldNeutralHoldHold
4 11 Apr Hold NeutralHoldHoldHold
5 10 Apr Hold NeutralHoldHoldHold
6 09 Apr Hold HoldHoldHoldHold
7 08 Apr Hold HoldHoldHoldHold
8 07 Apr Hold HoldHoldHoldHold
9 04 Apr Hold HoldHoldHoldHold
10 03 Apr Sell SellSellHoldHold
11 02 Apr Sell NeutralNeutralSellHold
12 01 Apr Buy BuyBuyNeutralHold
13 31 Mar Sell SellHoldHoldSell
14 28 Mar Hold NeutralHoldHoldNeutral
15 27 Mar Sell HoldSellSellHold
16 26 Mar Sell HoldNeutralNeutralHold
17 25 Mar Hold HoldNeutralNeutralHold
18 24 Mar Hold HoldNeutralHoldHold
19 21 Mar Sell SellNeutralSellHold
20 20 Mar Hold HoldHoldNeutralNeutral
21 19 Mar Hold HoldBuyNeutralHold
22 18 Mar Hold HoldNeutralHoldHold
23 17 Mar Hold HoldNeutralHoldHold
24 14 Mar Buy BuyHoldHoldHold
25 13 Mar Hold HoldHoldHoldHold
26 12 Mar Hold HoldHoldHoldHold
27 11 Mar Hold HoldHoldHoldHold
28 10 Mar Hold HoldHoldHoldHold
29 07 Mar Hold HoldHoldHoldHold
30 06 Mar Sell HoldHoldHoldSell

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