FOREX Stock CADSEK Historical charts - Canadian Dollar / Swedish Krona

Historical charts for Stock CADSEK - Share Canadian Dollar / Swedish Krona trades in FOREX

Moving Averages for

  • 5Day Average: 7.88
  • 12Day Average: 7.91
  • 20Day Average: 7.93
  • 50Day Average: 7.83
  • 100Day Average: 7.76
  • 150Day Average: 7.78

CADSEK Indicators & signals

Indicator MACD (12,26,9)

7.9, 7.9, 0.02
Indicator MACD is in positive zone

Indicator ADX (14)

14.29, 37.5, 50
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CADSEK are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Fri May 2024 7.87180 7.86120 to 7.89450 0.03% 0 times
16 Thu May 2024 7.86940 7.82530 to 7.87300 0.46% 0 times
15 Wed May 2024 7.83310 7.83310 to 7.91910 -1.03% 0 times
14 Tue May 2024 7.91480 7.85000 to 7.96470 -0.23% 0 times
13 Mon May 2024 7.93320 7.91300 to 7.94670 0.03% 0 times
10 Fri May 2024 7.93100 7.91650 to 7.94850 0.03% 0 times
09 Thu May 2024 7.92880 7.92260 to 7.96520 -0.25% 0 times
08 Wed May 2024 7.94880 7.90320 to 7.95740 0.43% 0 times
07 Tue May 2024 7.91480 7.88790 to 7.93780 0.07% 0 times
06 Mon May 2024 7.90940 7.87510 to 7.92580 0.06% 0 times
03 Fri May 2024 7.90480 7.88440 to 7.94690 -0.53% 0 times
02 Thu May 2024 7.94660 7.94010 to 7.97710 -0.16% 0 times

Technical analysis forecast for CADSEK Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT CADSEK CADSEK at this time. Stock is falling and might fall more.

It appears as if CADSEK CADSEK gave a large move recently.

Stock of CADSEK (CADSEK) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of CADSEK is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if CADSEK stays below 7.9, but if it comes above 7.9, then a intra day buy could be more profitable.
If you take a sell trade below 7.9, then use 7.9 as stoploss and 7.8 as target. However if you take a buy trade in CADSEK, then use 7.9 as stoploss and 7.9 as target.

Tomorrow's movement Prediction of CADSEK is showing signs of weakness. Either there is a negative sentiment following this stock or an Elephant sold off here.

Tomorrow's movement Prediction of CADSEK is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 7.9

Munafa value: 35

 Munafa value: 35

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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FOREX Stock CADSEK Historical charts - Share Canadian Dollar / Swedish Krona

 

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