Technical Analysis for 0MHW - Volvo AB Series A

Grade Last Price % Change Price Change
D 288.00 0.45% 1.30
0MHW closed up 0.45 percent on Friday, April 26, 2024, on 5 percent of normal volume. 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
Shooting Star Candlestick Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction 0.45%
Oversold Stochastic Weakness 0.45%
Narrow Range Bar Range Contraction -1.23%
Oversold Stochastic Weakness -1.23%
Pocket Pivot Bullish Swing Setup -1.47%
NR7 Range Contraction -1.47%

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Profile

Volvo AB Series A 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 0MHW 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 320.4
52 Week Low 197.2
Average Volume 10,745
200-Day Moving Average 252.66
50-Day Moving Average 294.51
20-Day Moving Average 297.63
10-Day Moving Average 291.04
Average True Range 22.40
RSI (14) 42.86
ADX 29.13
+DI 4.69
-DI 8.43
Chandelier Exit (Long, 3 ATRs) 253.21
Chandelier Exit (Short, 3 ATRs) 289.79
Upper Bollinger Bands 316.90
Lower Bollinger Band 278.36
Percent B (%b) 0.25
BandWidth 12.95
MACD Line -2.43
MACD Signal Line -0.74
MACD Histogram -1.6885
Fundamentals Value
Market Cap 5.85 Billion
Num Shares 2.03 Billion
EPS 15.23
Price-to-Earnings (P/E) Ratio 18.91
Price-to-Sales 0.01
Price-to-Book 0.00
Dividend 7.50
Dividend Yield 2.60%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 294.90
Resistance 3 (R3) 295.67 294.13 293.75
Resistance 2 (R2) 294.13 292.38 293.75 293.37
Resistance 1 (R1) 291.07 291.29 290.30 290.30 292.98
Pivot Point 289.53 289.53 289.15 289.15 289.53
Support 1 (S1) 286.47 287.78 285.70 285.70 283.02
Support 2 (S2) 284.93 286.69 284.55 282.63
Support 3 (S3) 281.87 284.93 282.25
Support 4 (S4) 281.10