Free Momentum Group AB Series B (MMGR-B) Technical Analysis Signals

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

Momentum Group AB Series B (MMGR-B) signal with technical analysis on 17 May

On 17 May, we conducted a comprehensive technical analysis of Momentum Group AB Series B (MMGR-B), considering 256 signals with intricate details. Here are the key findings: 121 signals suggested buy strategies, while 42 indicated sell strategies. The remaining 93 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: 17
Sell Signals: 19
Neutral Signals: 28
Result: This strategy leads to a Neutral position.

Strategy 2:
Buy Signals: 32
Sell Signals: 10
Neutral Signals: 22
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 35
Sell Signals: 10
Neutral Signals: 19
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 37
Sell Signals: 3
Neutral Signals: 24
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 121
Sell Signals: 42
Neutral Signals: 93
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 Momentum Group AB Series B (MMGR-B) 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 Momentum Group AB Series B (MMGR-B) 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:

Momentum Group AB Series B (MMGR-B) 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.

Momentum Group AB Series B (MMGR-B) 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 9.59%, 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 **Momentum Group AB Series B (MMGR-B)** holdings.

Momentum Group AB Series B (MMGR-B) Price Analysis and Resistance Levels:

Given our current long position in Momentum Group AB Series B (MMGR-B), 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 (174.39964314567): The primary hurdle is the 174.39964314567 price level. If the prevailing trend remains unchanged, Momentum Group AB Series B (MMGR-B) could break above this level, indicating its strength and potential for further growth.

Second resistance level (188.48652535297): If the upward trend shows significant strength, Momentum Group AB Series B (MMGR-B) may cross the second resistance level at 188.48652535297, signaling a significant upside move and a promising direction for our position.

Third resistance level (191.26422395774): For a more comprehensive analysis, we should consider a scenario where Momentum Group AB Series B (MMGR-B) 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 Momentum Group AB Series B (MMGR-B) to reach the third resistance level at 191.26422395774.
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 Momentum Group AB Series B (MMGR-B), 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.

Momentum Group AB Series B (MMGR-B) technical analysis chart

Momentum Group AB Series B (MMGR-B) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 174.39964314567 188.48652535297 191.26422395774 193.24828766678 193.64509086831
Support 149.08822047793 145.64394370742 144.83700907763 120.54988347567 114.64539815144
 Momentum Group AB Series B (MMGR-B) Support and Resistance area (17 May)  Momentum Group AB Series B (MMGR-B) Support and Resistance area (17 May)

Momentum Group AB Series B (MMGR-B) signals list for 17 May

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Momentum Group AB Series B (MMGR-B) candlestick patterns on 17 May

Today's Momentum Group AB Series B (MMGR-B) Candle Patterns List:

Doji High-Wave Candle Long Legged Doji Rickshaw Man Short Line Candle Spinning Top

Momentum Group AB Series B (MMGR-B) technical analysis over the past days

# Date Overal Signals ALL Signals
1 16 May Hold NeutralHoldHoldHold
2 15 May Hold NeutralHoldHoldHold
3 14 May Hold HoldHoldHoldHold
4 13 May Hold HoldHoldHoldHold
5 12 May Hold HoldHoldHoldHold
6 09 May Hold HoldHoldHoldHold
7 08 May Hold HoldBuyHoldHold
8 07 May Hold HoldNeutralHoldHold
9 06 May Hold HoldHoldHoldHold
10 05 May Buy BuyBuyBuyBuy
11 02 May Hold HoldNeutralNeutralNeutral
12 30 Apr Hold HoldNeutralNeutralNeutral
13 29 Apr Sell SellNeutralNeutralHold
14 28 Apr Hold HoldHoldHoldHold
15 25 Apr Buy BuyHoldHoldHold
16 24 Apr Buy NeutralBuyBuyBuy
17 23 Apr Sell HoldNeutralNeutralSell
18 22 Apr Sell SellNeutralNeutralNeutral
19 17 Apr Hold HoldHoldHoldHold
20 16 Apr Hold HoldHoldHoldHold
21 15 Apr Buy HoldBuyBuyBuy
22 14 Apr Buy BuyNeutralHoldHold
23 11 Apr Hold NeutralHoldHoldHold
24 10 Apr Hold NeutralHoldNeutralHold
25 09 Apr Hold HoldHoldHoldHold
26 08 Apr Hold HoldHoldHoldHold
27 07 Apr Hold HoldHoldHoldHold
28 04 Apr Sell SellHoldHoldHold
29 03 Apr Sell NeutralSellSellHold
30 02 Apr Hold NeutralNeutralNeutralHold

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