Analysis: the Establishment above the MA 40 weeks in a Telia Company.

Telia Company has broken up from a long period of bottenformation, which is especially significant as it coincides with an establishment above the long-term jämviktsvärdet MA 40 weeks, which leveled out.

Telia’s Company is a long-term underpresterare when the shares are still trading well below half of the introductory course. The share has after an unsuccessful utbrottsförsök in the middle of april 2015, had a very weak development, and for a long time shown a sequence of descending highs and which for a long time made the shares unattractive for a purchase.

The last few months this relationship has changed in the positive direction, then its share price since February have shown the rising bottoms, rushed to the resistance at 37.60 usd and has established itself above the long-term jämviktsvärdet, MA 40 weeks, which leveled out. The conditions for the start of a recovery are thus good.

The share also has a relatively high yield, 5.1%, which makes the share particularly interesting. The share has a higher swing peak rekylerat down in the vicinity of the former resistance, turned support and be a purchase in the first place 41.40 followed by 43.50£.

The emergency exit is placed preferably at a closing under 36.50 £ Målkurs is set to 40.90 bc

Forced 41.50 sek is indicated on the rise against the 43.50 followed by 47kr. Would the share the against all odds show weakness by significant shut down during 37.60 usd, it is only at a crossing of 35.20 usd on the downside as significant weakness is indicated.

The long-term jämviktsvärdet, MA 40 weeks is utplanande.

Telia Company

Entrance buy
37.60 kr
Ticker
TELIA

Målkurs
40.90 £
Market
The OMXS Large Cap

Emergency exit
36.50 £
P/E
24

Latest
38.59 kr
Direct avk.
5.2%

The stock is traded on the Swedish stock exchange with the symbol TELIA.

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