Technical Analysis for 0REY - GARO AB

Grade Last Price % Change Price Change
A 125.20 0.00% 0.00
0REY closed unchanged on Friday, April 26, 2024, on 45 percent of normal volume. It was able to find support at its 50 day moving average. It was able to bounce off of its 200 day moving average, an important long-term support line. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 14
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Extremely Strong Up Up Flat

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
200 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Boomer Buy Setup Bullish Swing Setup 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Jack-in-the-Box Bullish Bullish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%

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Profile

GARO AB Description

Garo Aktiebolag (publ), together with its subsidiaries, develops, manufactures, and markets electrical installation materials in Sweden, Norway, Finland, Ireland, the United Kingdom, and Poland. Its E-mobility business markets destination charging for electric cars, chargeable hybrid cars, and heavy electrically driven vehicle traffic, which offers wall boxes, public charging poles, fast chargers, and cable cabinets for power supply, load balancing, programming, metering, and software service. The company's electrification business develops and produce electrical installers, including distribution cabinets containing media, control and metering, exterior facades, and ground meter cabinets primarily to property owners, construction companies, housing manufacturers, and rental companies in the construction sector; and standard components, connectors, smart engine heater outlets, and electric posts for camping and marinas. Garo Aktiebolag (publ) was founded in 1939 and is headquartered in Gnosjö, Sweden.


Classification

Is 0REY 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 125.2
52 Week Low 27.52
Average Volume 2,919
200-Day Moving Average 116.47
50-Day Moving Average 103.32
20-Day Moving Average 120.45
10-Day Moving Average 125.20
Average True Range 90.33
RSI (14) 61.09
ADX 92.51
+DI 5.74
-DI 0.14
Chandelier Exit (Long, 3 ATRs) -145.80
Chandelier Exit (Short, 3 ATRs) 300.80
Upper Bollinger Bands 161.85
Lower Bollinger Band 79.05
Percent B (%b) 0.56
BandWidth 68.75
MACD Line 6.07
MACD Signal Line 6.95
MACD Histogram -0.8729
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 267.97
Resistance 3 (R3) 252.11 188.65 244.18
Resistance 2 (R2) 188.65 152.29 196.59 236.24
Resistance 1 (R1) 156.93 129.83 172.79 172.79 228.31
Pivot Point 93.47 93.47 101.41 101.41 93.47
Support 1 (S1) 61.75 57.11 77.61 77.61 22.09
Support 2 (S2) -1.71 34.65 6.23 14.16
Support 3 (S3) -33.43 -1.71 6.23
Support 4 (S4) -17.57