Technical Analysis for 0HTP - AB Volvo (publ)

Grade Last Price % Change Price Change
D 280.30 -3.51% -10.20
0HTP closed down 3.51 percent on Friday, April 19, 2024, on 0 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Doji - Bearish? Reversal 0.00%
Doji - Bullish? Reversal 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Boomer Sell Setup Bearish Swing Setup -3.51%
Crossed Above 50 DMA Bullish -3.51%
NR7 Range Contraction -3.51%

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Profile

AB Volvo (publ) Description

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. The company offers trucks for long-haulage, construction, mining, and distribution purposes under the Volvo, UD Trucks, Renault Trucks, Mack, Eicher, Arquus, cellcentric, and Dongfeng Trucks brands; and city and intercity buses, coaches, and bus chassis, as well as associated transport systems under the Prevost and Nova Bus brands. It also provides road construction machine, haulers, wheel loaders and excavators. In addition, the company offers engines and power solutions for leisure and commercial vessels, as well as for power generation, industrial, and off-road applications under the Volvo Penta brand name. Further, it provides financing, insurance, rental, spare parts, repair, preventive maintenance, service agreement, and assistance services. The company offers its products and services through a network of dealerships and workshops. It has a strategic alliance with Isuzu Motors within commercial vehicles; a partnership with Samsung SDI Co to develop battery packs for its trucks; and an agreement with Aurora to develop autonomous trucks. AB Volvo (publ) was incorporated in 1915 and is headquartered in Gothenburg, Sweden.


Classification

Keywords: Mining Automotive Industry Truck Engines Construction Equipment Power Solutions Off Road Applications Transport Systems Volvo Volvo Trucks Assistance Services Aurora Isuzu Motors Renault Trucks Ud Trucks Volvo Business Units Volvo Group

Is 0HTP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 318.25
52 Week Low 200.25
Average Volume 686,064
200-Day Moving Average 247.88
50-Day Moving Average 289.54
20-Day Moving Average 296.03
10-Day Moving Average 286.89
Average True Range 9.04
RSI (14) 40.83
ADX 48.9
+DI 9.09
-DI 27.80
Chandelier Exit (Long, 3 ATRs) 291.14
Chandelier Exit (Short, 3 ATRs) 307.41
Upper Bollinger Bands 322.98
Lower Bollinger Band 269.09
Percent B (%b) 0.21
BandWidth 18.20
MACD Line -2.66
MACD Signal Line -0.65
MACD Histogram -2.0154
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 302.05
Resistance 3 (R3) 304.47 299.63 298.43
Resistance 2 (R2) 299.63 294.09 298.43 297.22
Resistance 1 (R1) 289.97 290.67 287.55 287.55 296.01
Pivot Point 285.13 285.13 283.93 283.93 285.13
Support 1 (S1) 275.47 279.59 273.05 273.05 264.59
Support 2 (S2) 270.63 276.17 269.43 263.38
Support 3 (S3) 260.97 270.63 262.18
Support 4 (S4) 258.55