SAS AB [CBOE]
SAS AB [CBOE]
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SASNOO
ISIN: SE0003366871

SAS AB [CBOE] - Daily - Technical analysis published on 02/09/2022 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 1.4955 NOK
My targets
1.6830 NOK (+7.06%)
1.8969 NOK (+20.67%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SAS AB [CBOE] as long as the price remains well above 1.4955 NOK. The buyers' bullish objective is set at 1.6830 NOK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.8969 NOK. If there is any crossing, the next objective would be the resistance located at 2.0640 NOK.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Gstar99.

Additional analysis

Quotes

The SAS AB [CBOE] rating is 1.5720 NOK. On the day, this instrument lost -1.23% with the lowest point at 1.5595 NOK and the highest point at 1.6295 NOK. The deviation from the price is +0.80% for the low point and -3.53% for the high point.

1.5595
1.6295
1.5720

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of SAS AB [CBOE] in Daily shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.1700 1.2774 1.4955 1.5720 1.6830 1.8969 2.0640
Change (%) -25.57% -18.74% -4.87% - +7.06% +20.67% +31.30%
Change -0.4020 -0.2946 -0.0765 - +0.1110 +0.3249 +0.4920
Level Minor Major Major - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.47451.51701.54451.58701.61451.65701.6845
Camarilla1.55281.55921.56561.57201.57841.58481.5913
Woodie1.46701.51331.53701.58331.60701.65331.6770
Fibonacci1.51701.54371.56031.58701.61371.63031.6570


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.13431.29821.41231.57621.69031.85421.9683
Camarilla1.45011.47551.50101.52651.55201.57751.6030
Woodie1.10951.28581.38751.56381.66551.84181.9435
Fibonacci1.29821.40441.47001.57621.68241.74801.8542


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.04101.14151.32301.42351.60501.70551.8870
Camarilla1.42701.45281.47871.50451.53041.55621.5821
Woodie1.08151.16181.36351.44381.64551.72581.9275
Fibonacci1.14151.24921.31581.42351.53121.59781.7055

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 60.41
MACD (12,26,9): 0.0599
Directional Movement: 12.9297
AROON (14): 57.1428
DEMA (21): 1.5462
Parabolic SAR (0,02-0,02-0,2): 1.4491
Elder Ray (13): 0.0547
Super Trend (3,10): 1.4418
Zig ZAG (10): 1.5855
VORTEX (21): 0.9797
Stochastique (14,3,5): 57.61
TEMA (21): 1.5952
Williams %R (14): -34.05
Chande Momentum Oscillator (20): 0.2295
Repulse (5,40,3): -4.5526
ROCnROLL: 1
TRIX (15,9): 0.5038
Courbe Coppock: 28.17
MA7: 1.5714
MA20: 1.4497
MA50: 1.3502
MA100: 1.5304
MAexp7: 1.3898
MAexp20: 1.4759
MAexp50: 1.4446
MAexp100: 1.5314
Price / MA7: +0.04%
Price / MA20: +8.44%
Price / MA50: +16.43%
Price / MA100: +2.72%
Price / MAexp7: +13.11%
Price / MAexp20: +6.51%
Price / MAexp50: +8.82%
Price / MAexp100: +2.65%

Quotes : - 15 min delayed data - ChiX CH/DK/FI/NO/SE

News


Don't forget to follow the news on SAS AB [CBOE]. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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