Gigante Salmon As Stock Forecast

Sell candidate since Aug 10, 2026

The Gigante Salmon As stock price fell by -1.17% on the last day (Monday, 10th Aug 2026) from kr6.82 to kr6.74. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 1.79% from a day low at kr6.70 to a day high of kr6.82. The price has fallen in 6 of the last 10 days and is down by -1.75% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -11 thousand shares and in total, 8 thousand shares were bought and sold for approximately kr51.70 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -14.57% during the next 3 months and, with a 90% probability hold a price between kr4.80 and kr6.58 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

GIGA.OL Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, July 06, 2026, and so far it has risen 9.77%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Gigante Salmon As stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at kr6.86 and kr6.82. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Gigante Salmon As stock

Gigante Salmon As finds support from accumulated volume at kr6.70 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved kr0.120 between high and low, or 1.79%. For the last week the stock has had daily average volatility of 2.45%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (GIGA.OL) For The Upcoming Trading Day Of Tuesday 11th

For the upcoming trading day on Tuesday, 11th we expect Gigante Salmon As to open at kr6.75, and during the day (based on 14 day Average True Range), to move between kr6.65 and kr6.83, which gives a possible trading interval of +/-kr0.188 (+/-2.83%) up or down from last closing price. If Gigante Salmon As takes out the full calculated possible swing range there will be an estimated 2.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at kr6.70 (0.59%) than the resistance at kr7.02 (4.15%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Gigante Salmon As stock A Buy?

Gigante Salmon As holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Sell candidate.

Current score: -1.014 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on August 11, 2026 - kr6.75 ( 0.198%).

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