Strategic Investments A/S Stock Forecast

Green day on Friday for Strategic Investments A/S
(Updated on May 31, 2024)

STRINV.CO Signals & Forecast

There are mixed signals in the stock today. The Strategic Investments A/S stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at kr1.16. On a fall, the stock will find some support from the short-term average at kr1.15. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Thursday, May 30, 2024, and so far it has risen 3.57%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss for Strategic Investments A/S stock

Strategic Investments A/S finds support from accumulated volume at kr1.15 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 controlled movements and therefore the general risk is considered 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 kr0.0300 between high and low, or 2.65%. For the last week the stock has had daily average volatility of 1.94%.

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

Trading Expectations (STRINV.CO) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Strategic Investments A/S to open at kr1.15, and during the day (based on 14 day Average True Range), to move between kr1.13 and kr1.19, which gives a possible trading interval of +/-kr0.0328 (+/-2.83%) up or down from last closing price. If Strategic Investments A/S takes out the full calculated possible swing range there will be an estimated 5.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at kr1.17 (0.86%) than the support at kr1.15 (0.86%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Strategic Investments A/S stock A Buy?

Strategic Investments A/S holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.388 Sell Candidate Unchanged

Predicted Opening Price for Strategic Investments A/S of Monday, June 3, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.