Price date | Sep 19, 2024 |
Currency | NOK |
ISIN | NO0007035327 |
Rise from year low | 14.11% |
Fall from year high | -3.31% |
Date | Type | Count | Price | Value | Percent | Controlled | Text | Importance |
---|
Markedet falt kraftig mandag, og Hovedindeksen endte på 1362 poeng etter en nedgang på 3.4 prosent. Indeksen har ikke falt mer på en dag siden 15. mars 2023, da den var ned 3.7 prosent.
Hovedindeksen ligger i en stigende trendkanal på mellomlang sikt. Volumbalansen er imidlertid negativ og indeksen falt på høyt volum, noe som varsler usikkerhet blant investorene. Det er nå etablert motstand i kursgrafen ved 1460 poeng. Fortsetter reaksjonen tilbake, er det støtte i overkant av 1300 poeng som kan bremse et videre fall.
Se også Investtechs likeveide indeks for Norge.
Investtechs langsiktige optimismeindeks (hausseindeks) ligger på 45 poeng. Dette indikerer at det er en svak overvekt av pessimister blant de langsiktige investorene på Oslo Børs. Den kortsiktige haussen har halvert seg siden fredag og ligger nå på kun 32 poeng. Det er altså en klar overvekt av pessimister blant de kortsiktige investorene.
Styremedlemmer, direktører og andre innsidere har rapportert 57 handler den siste måneden. Kjøpsandelen var 67 prosent, en del lavere enn gjennomsnittet for det siste året. Aktiviteten er lav ved starten av rapporteringsperioden for andre kvartal, og vi forventer fremdeles liten aktivitet nå i begynnelsen av august.
Konklusjon: Oslo Børs anses svakt positiv på mellomlang sikt (1-6 måneder). Vi anbefaler langsiktige investorer å være investert i markedet hele tiden.
Det ble en positiv utvikling i markedet tirsdag, og Hovedindeksen endte på 1343 poeng, noe som er en oppgang på 1.1 prosent. Indeksen har med dette steget ni av de siste ti dagene.
Indeksen ligger i en svakt stigende trendkanal på mellomlang sikt. Det siste halve året har kursene gjentatte ganger blitt presset ned fra nivåer like i overkant av 1300 poeng, og det ble dannet motstand der. Etter de siste ukenes kursoppgang ligger indeksen i nytt rekordnivå, rundt 1,5 prosent høyere enn forrige kurstopp fra januar. Motstanden ved de tidligere toppene er nå brutt og et kjøpssignal for indeksen er utløst. Ved en reaksjon tilbake, har investorene flere ganger presset kursen opp når indeksen har testet tidligere bunner ved 1225-1250 poeng. Samlet sett anses Hovedindeksen nå positiv på mellomlang sikt.
Se også Investtechs likeveide indeks for Norge.
Investtechs langsiktige optimismeindeks (hausseindeks) ligger på 59 prosent, mens den kortsiktige ligger på 64 prosent. Hausseindeksene indikerer at det nå er en overvekt av optimister blant de kortsiktige og langsiktige investorene på Oslo Børs.
Aktiviteten fra innsiderne har vært høy den siste måneden med 75 kjøp og 24 salg fra meldepliktige direktører, styremedlemmer og andre innsidere på Oslo Børs. Det gir en kjøpsandel på 76 prosent, litt lavere enn gjennomsnittet for det siste året.
Konklusjon: Oslo Børs anses positiv på mellomlang sikt (1-6 måneder). Vi anbefaler langsiktige investorer å være investert i markedet hele tiden.
I dag ser vi nærmere på tre riggaksjer med varierende tekniske anbefalinger.
Evaluation | Time horizon | Price | Published | Analyst |
---|---|---|---|---|
Weak Positive | Medium term | 1 411.02 | Sep 19, 2024 19:40, Morning Report | GL |
Weak Positive | Medium term | 1 361.58 | Aug 6, 2024 08:37, Morning Report | KP |
Positive | Medium term | 1 342.78 | Apr 2, 2024 23:56, Morning Report | FDB |
Weak Positive | Medium term | 1 328.15 | Mar 27, 2024 22:05, Morning Report | FDB |
Neutral | Medium term | 1 264.02 | Feb 18, 2024 14:53, Morning Report | FDB |
Weak Negative | Medium term | 1 247.17 | Feb 7, 2024 21:33, Morning Report | FDB |
Neutral | Medium term | 1 271.16 | Jan 17, 2024 20:26, Morning Report | FDB |
Weak Positive | Medium term | 1 303.96 | Jan 9, 2024 08:13, Morning Report | KP |
Positive | Medium term | 1 307.12 | Jan 4, 2024 21:46, Morning Report | GL |
Neutral | Medium term | 1 299.85 | Nov 28, 2023 23:43, Morning Report | FDB |
Weak Positive | Medium term | 1 315.22 | Nov 27, 2023 07:21, Morning Report | FDB |
Neutral | Medium term | 1 254.72 | Oct 24, 2023 07:54, Morning Report | GL |
Weak Positive | Medium term | 1 291.25 | Oct 19, 2023 20:24, Morning Report | GL |
Positive | Medium term | 1 295.77 | Oct 10, 2023 22:46, Morning Report | FDB |
Neutral | Medium term | 1 253.05 | Oct 5, 2023 22:09, Morning Report | FDB |
Weak Positive | Medium term | 1 281.21 | Oct 2, 2023 21:23, Morning Report | FDB |
Positive | Medium term | 1 297.20 | Sep 14, 2023 20:50, Morning Report | GL |
Neutral | Medium term | 1 256.06 | Aug 10, 2023 08:48, Morning Report | GL |
FDB: Fredrik Dahl Bråten (Analyst)
GL: Geir Linløkken (Head of Analyses)
KP: Kari Poblete (Analyst)
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.
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.
Read more about the research results here
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.
Read the research report here
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.
Read the research report here
Investtech has combined theory, psychology and research into powerful investment tools.
Investtech are behavioural finance and quantitative stock analysis specialists. The company sells analysis products to private, professional and institutional investors. Investtech manage the AIFM company Investtech Invest, which invests customers’ funds in the stock market.
Investtech’s computers analyze more than 28,000 stocks from 12 different countries every day. The analyses are presented in eight languages and sold to customers worldwide. In addition to the automatic analyses, the company’s analysts present subjective assessments and recommendations for some markets. The analyses are available to customers in the form of daily morning reports and cases, and weekly market updates and model portfolios.
Investtech’s algorithms for analysis, ranking and stock recommendations are based on research dating back to 1993. Part of the research was conducted in cooperation with Oslo University and the Norwegian Research Council. Research still has high priority for Investtech. Many of the company’s research results are available for customers on the company’s web site.
The company’s basic product starts at approx. 30 euro per month. Investtech also provides bespoke products for integration on partners’ web sites and for use in newsletters, for example to stock brokers and the media. Contact us by e-mail to info@investtech.com or by phone +47 21 555 888 for more information. A free trial subscription is available to order on our web site www.investtech.com.
Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer.
The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.
Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer.
The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.