Technical Analysis for 0HTP - AB Volvo (publ)

Grade Last Price % Change Price Change
D 282.30 2.34% 6.45
0HTP closed up 2.34 percent on Friday, April 26, 2024, on 0 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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
Very Strong Up Down Flat

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
180 Bearish Setup Bearish Swing Setup 2.34%
Oversold Stochastic Weakness 2.34%
NR7 Range Contraction -0.28%
NR7-2 Range Contraction -0.28%
Narrow Range Bar Range Contraction -0.28%
Up 3 Days in a Row Strength -0.28%

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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 687,682
200-Day Moving Average 249.38
50-Day Moving Average 291.38
20-Day Moving Average 287.46
10-Day Moving Average 283.28
Average True Range 8.12
RSI (14) 44.75
ADX 50.2
+DI 7.36
-DI 26.87
Chandelier Exit (Long, 3 ATRs) 293.89
Chandelier Exit (Short, 3 ATRs) 300.21
Upper Bollinger Bands 304.48
Lower Bollinger Band 270.43
Percent B (%b) 0.35
BandWidth 11.84
MACD Line -3.78
MACD Signal Line -2.60
MACD Histogram -1.1801
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 282.75
Resistance 3 (R3) 282.80 282.70 282.68
Resistance 2 (R2) 282.70 282.59 282.68 282.65
Resistance 1 (R1) 282.50 282.51 282.45 282.45 282.62
Pivot Point 282.40 282.40 282.38 282.38 282.40
Support 1 (S1) 282.20 282.29 282.15 282.15 281.98
Support 2 (S2) 282.10 282.21 282.08 281.95
Support 3 (S3) 281.90 282.10 281.93
Support 4 (S4) 281.85