Analysis: Säljläge in Elekta…

Elekta share has after a omkullkastad buy signal shown technical weakness which creates a säljläge in the current upprekylen against 70kr in the first place.

Elekta share has during a long period been a underpresterare on the stockholm stock exchange when the shares are still trading below the previous highs. During the spring showed the share sign of strength, by force the resistance at 89kr, which on several occasions acted as a barrier for further rise. The outbreak on the top was significant, when the shares traded above during the five-week period of time and a good bit above the utbrottsnivån which means that the share’s return below during the month of June is a clear sign of weakness. Sales increased markedly at the forcing process on the downside which supports the reliability of the säljsignalen.

Share after a local bottom at 73.40 kr demonstrated a customary backlash that’s taken the share in the vicinity of the former support turned resistance in the current descending trend. When the stock market as a whole has shown sign of weakness and the stock has broken a number of support, the odds are good for continued drops in price down to in the first place 70kr. Rushed this opens it up for further decline against the 65 sek.

We see a blankningsläge between 78.50 – 79.50 sek facing a decline against 70kr. The emergency exit is placed in this scenario at a closing above 82.50 £

Would the share should show sign of strength by passing 83 followed by 89kr expected a test of the 96kr.

Entrance sell
78.50 – 79.50 kr

The OMXS Large Cap

Emergency exit
82.50 £

118.80 usd
Direct avk.

The stock is traded on the stockholm stock exchange, under the symbol EKTA B.

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More about technical analysis:

  • Common concepts in technical analysis
  • Moving averages – lagging indicator, which filters out the noise
  • MACD – technical indicator, which fits well into the trends
  • RSI – a classic momentumindikator that is a ”must” in swingtrading
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