Free Munters Group AB (MTRS) Technical Analysis Signals

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

Munters Group AB (MTRS) signal with technical analysis on 03 May

On 03 May, we conducted a comprehensive technical analysis of Munters Group AB (MTRS), considering 256 signals with intricate details. Here are the key findings: 180 signals suggested buy strategies, while 8 indicated sell strategies. The remaining 68 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: 46
Sell Signals: 0
Neutral Signals: 18
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 45
Sell Signals: 3
Neutral Signals: 16
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 45
Sell Signals: 1
Neutral Signals: 18
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 44
Sell Signals: 4
Neutral Signals: 16
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 180
Sell Signals: 8
Neutral Signals: 68
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 Munters Group AB (MTRS) 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 Munters Group AB (MTRS) 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:

Munters Group AB (MTRS) 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.

Munters Group AB (MTRS) 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 41.93%, 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 **Munters Group AB (MTRS)** holdings.

Munters Group AB (MTRS) Price Analysis and Resistance Levels:

Given our current long position in Munters Group AB (MTRS), 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 (168.413): The primary hurdle is the 168.413 price level. If the prevailing trend remains unchanged, Munters Group AB (MTRS) could break above this level, indicating its strength and potential for further growth.

Second resistance level (188.057): If the upward trend shows significant strength, Munters Group AB (MTRS) may cross the second resistance level at 188.057, signaling a significant upside move and a promising direction for our position.

Third resistance level (195.834): For a more comprehensive analysis, we should consider a scenario where Munters Group AB (MTRS) 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 Munters Group AB (MTRS) to reach the third resistance level at 195.834.
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 Munters Group AB (MTRS), 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.

Munters Group AB (MTRS) technical analysis chart

Munters Group AB (MTRS) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 168.413 188.057 195.834 244.8 249.08
Support 121.3 110 106.935 94.8 91.9
 Munters Group AB (MTRS) Support and Resistance area (03 May)  Munters Group AB (MTRS) Support and Resistance area (03 May)

Munters Group AB (MTRS) signals list for 03 May

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Munters Group AB (MTRS) candlestick patterns on 03 May

Today's Munters Group AB (MTRS) Candle Patterns List:

Long Line Candle Hikkake Pattern

Munters Group AB (MTRS) technical analysis over the past days

# Date Overal Signals ALL Signals
1 02 May Hold HoldHoldHoldHold
2 30 Apr Hold HoldHoldHoldHold
3 29 Apr Buy HoldHoldHoldBuy
4 28 Apr Hold HoldHoldHoldNeutral
5 25 Apr Hold HoldHoldHoldNeutral
6 24 Apr Hold HoldHoldHoldNeutral
7 23 Apr Buy BuyBuyBuyNeutral
8 22 Apr Hold NeutralSellHoldHold
9 17 Apr Sell SellNeutralHoldHold
10 16 Apr Sell NeutralSellHoldHold
11 15 Apr Hold HoldBuyHoldHold
12 14 Apr Buy BuyNeutralHoldHold
13 11 Apr Hold NeutralNeutralHoldHold
14 10 Apr Buy BuyHoldHoldHold
15 09 Apr Hold HoldHoldHoldHold
16 08 Apr Hold HoldHoldHoldHold
17 07 Apr Hold HoldHoldHoldHold
18 04 Apr Hold HoldHoldHoldHold
19 03 Apr Sell SellHoldHoldHold
20 02 Apr Hold NeutralHoldHoldHold
21 01 Apr Hold HoldHoldHoldHold
22 31 Mar Hold HoldHoldHoldHold
23 28 Mar Hold HoldHoldHoldHold
24 27 Mar Hold HoldHoldHoldHold
25 26 Mar Hold HoldHoldHoldHold
26 25 Mar Sell SellSellSellHold
27 24 Mar Hold NeutralBuyNeutralHold
28 21 Mar Sell SellSellHoldHold
29 20 Mar Hold HoldNeutralHoldHold
30 19 Mar Hold HoldNeutralHoldHold

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