DSV (DSV.CO)

Court terme

DSV est dans un canal baissier et un déclin poursuivant le canal est indiqué. En cas de rebondissements il y a de la résistance vers le plafond du canal. L'action teste le support à environ 1500 kroner. Cela doit normalement donner un rebond, Cependant, la vigilance doit s'imposer, parce qu'un franchissement du support à 1500 kroner déclenche un signal de vente. La balance des volumes donne maintenant une indication positive et renforce l'opinion sur la valeur sur le court terme. Le RSI diverge négativement par rapport au prix, ce qui indique un danger possible d'une réaction à la baisse. L'action est généralement considéré comme légèrement negatif technique pour court terme.

Recommendation one to six weeks: Conclusion légèrement négative (Score: -40)

Moyen terme

DSV fluctue dans un canal haussier et une progression poursuivant le canal haussier est indiquée. En cas de corrections à la baisse il y a du support en bas du canal haussier. L'action teste le support à environ 1490 kroner, ce qui peut résulter en un rebond. La balance des volumes donne maintenant une indication positive, c'est-à-dire, une liquidité élevée sur les jours de hausse et une liquidité réduite sur les jours de baisse. Sur le court terme, cela renforce le sentiment positif envers la valeur. L'action est généralement considéré comme positif technique pour moyen long terme.

Recommendation one to six months: Positif (Score: 69)

Long terme

DSV a débordé le canal baissier à la hausse, ce qui, dans un premier temps, indique un taux de repli moins fort. L'action a marginalement franchi la résistance à environ 1470 kroner. Un franchissement établi et persistant peut indiquer une poursuite de la hausse. L'action est généralement considéré comme légèrement positif technique pour long terme.

Recommendation one to six quarters: Conclusion légèrement positive (Score: 29)

Investtech’s analyses focus on a stock’s trend status, short term momentum and volume development. These are central topics of technical analysis theory that describe changes in investor optimism or fluctuations in a company’s financial development. However, Investtech’s strong focus on these elements is due to research results that clearly indicate causation between these factors and future return on the stock market.

Trend

Theory: Stocks in rising trends will continue to rise.

Psychology/economy: Rising trends indicate that the company experiences positive development and increasing buy interest among investors. Read more

Research: Stocks in rising trend channels in Investtech’s medium long term charts have been followed by an annualized excess return of 7.8 percentage points compared to average benchmark development. This is shown by Investtech’s research into 34,880 cases of stocks in rising trends on the Nordic Stock Exchanges in the period 1996 to 2015.
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Momentum

Theory: Stocks with rising short term momentum will continue to rise. Stocks with very strong momentum (overbought) will react backwards.

Psychology/economy: RSI above 70 shows strong positive momentum. The stock has risen in the short term without any significant reactions downwards. Investors have kept paying more to buy stocks. This indicates that more investors want to buy the stock and that the price will continue to rise. Read more

Research: Stocks with strong momentum have on average continued to rise, and more so than the average stock listed on the Exchange. This is shown by Investtech’s research into 24,208 cases of stocks on the Nordic Stock Exchanges in the period 1996 to 2015 where RSI went above 70 points, indicating strong and increasing short term momentum. On average, annualized, the stocks rose the equivalent of 11.4 percentage points more than the average stock.
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Volume

Theory: Rising prices on high volume and falling prices on low volume indicate strength in a stock. Volume can confirm a rising trend or signal that a falling trend is ending.

Psychology/economy: When investors very much want to buy a stock, they have to increase the price to find new sellers. Rising price on high volume shows that some investors are so aggressive that they push the price up to be able to buy the stock. Investtech’s Volume Balance tool measures the relation between price rise and volume and measures investor aggression at rising and falling prices. Read more

Research: Stocks with volume balance above 40 have been followed by an average annual return of 4.7 percentage points on the Nordic Stock Exchanges, shown by research conducted by Investtech into 24,580 cases.
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Investtech's analyses

Investtech has combined theory, psychology and research into powerful investment tools.

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