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ASSA ABLOY AB ser. B
Buy, Hold or Sell?

Let's analyse ASSA ABLOY AB ser. B together

PenkeI guess you are interested in ASSA ABLOY AB ser. B. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of ASSA ABLOY AB ser. B. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of ASSA ABLOY AB ser. B (30 sec.)










What can you expect buying and holding a share of ASSA ABLOY AB ser. B? (30 sec.)

How much money do you get?

How much money do you get?
kr1.58
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
kr62.64
Expected worth in 1 year
kr62.64
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
kr16.80
Return On Investment
5.4%

For what price can you sell your share?

Current Price per Share
kr309.90
Expected price per share
kr289.70 - kr
How sure are you?
50%

1. Valuation of ASSA ABLOY AB ser. B (5 min.)




Live pricePrice per Share (EOD)

kr309.90

Intrinsic Value Per Share

kr86.70 - kr136.37

Total Value Per Share

kr149.34 - kr199.01

2. Growth of ASSA ABLOY AB ser. B (5 min.)




Is ASSA ABLOY AB ser. B growing?

Current yearPrevious yearGrowGrow %
How rich?$6.5b$6.5b0.000.0%

How much money is ASSA ABLOY AB ser. B making?

Current yearPrevious yearGrowGrow %
Making money$1.2b$1b$224.8m18.0%
Net Profit Margin0.0%11.5%--

How much money comes from the company's main activities?

3. Financial Health of ASSA ABLOY AB ser. B (5 min.)




What can you expect buying and holding a share of ASSA ABLOY AB ser. B? (5 min.)

Welcome investor! ASSA ABLOY AB ser. B's management wants to use your money to grow the business. In return you get a share of ASSA ABLOY AB ser. B.

What can you expect buying and holding a share of ASSA ABLOY AB ser. B?

First you should know what it really means to hold a share of ASSA ABLOY AB ser. B. And how you can make/lose money.

Speculation

The Price per Share of ASSA ABLOY AB ser. B is kr309.90. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of ASSA ABLOY AB ser. B.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in ASSA ABLOY AB ser. B, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is kr62.64. Based on the TTM, the Book Value Change Per Share is kr0.00 per quarter. Based on the YOY, the Book Value Change Per Share is kr9.64 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is kr4.20 per quarter.
Based on historical numbers we can estimate the returns while holding a share of ASSA ABLOY AB ser. B.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps1.120.4%1.120.4%0.920.3%0.780.3%0.770.2%
Usd Book Value Change Per Share0.000.0%0.000.0%0.910.3%0.320.1%0.980.3%
Usd Dividend Per Share0.390.1%0.390.1%0.370.1%0.350.1%0.340.1%
Usd Total Gains Per Share0.390.1%0.390.1%1.270.4%0.670.2%1.320.4%
Usd Price Per Share21.27-21.27-26.05-20.38-19.67-
Price to Earnings Ratio18.91-18.91-28.24-31.95-30.31-
Price-to-Total Gains Ratio53.88-53.88-20.46-37.68-31.99-
Price to Book Ratio3.61-3.61-4.42-3.88-3.86-
Price-to-Total Gains Ratio53.88-53.88-20.46-37.68-31.99-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share29.1306
Number of shares34
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.390.35
Usd Book Value Change Per Share0.000.32
Usd Total Gains Per Share0.390.67
Gains per Quarter (34 shares)13.4222.88
Gains per Year (34 shares)53.6991.52
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
154044484482
21070989687174
31610152144131266
42150206192174358
52680260240218450
63220314288262542
73760368336305634
84300422383349726
94830476431392818
105370530479436910

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Book Value Change Per Share0.00.01.00.0%1.01.01.033.3%3.01.01.060.0%4.01.01.066.7%4.01.01.066.7%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%

Fundamentals of ASSA ABLOY AB ser. B

About ASSA ABLOY AB ser. B

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors. It offers Openings Studio, a building information modeling software ecosystem is collaboration tool for designing, documenting, and managing openings. The company provides its products primarily under the ASSA ABLOY, Yale, and HID brands. It sells its products through distributors and wholesalers. The company serves aviation, education, distribution and logistics, entertainment and public facility, finance and banking, government and military, healthcare, hospitality, manufacturing, mining, office and enterprise, homes and residence, retail, shipyards, and transportation industries. ASSA ABLOY AB (publ) was incorporated in 1954 and is based in Stockholm, Sweden.

Fundamental data was last updated by Penke on 2024-03-27 09:31:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of ASSA ABLOY AB ser. B.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit ASSA ABLOY AB ser. B earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare ASSA ABLOY AB ser. B to the  industry mean.
  • A Net Profit Margin of 0.0% means that kr0.00 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of ASSA ABLOY AB ser. B:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY11.5%-11.5%
TTM-5Y7.2%-7.2%
5Y7.2%10Y7.9%-0.7%
1.1.2. Return on Assets

Shows how efficient ASSA ABLOY AB ser. B is using its assets to generate profit.

  • Above 5% is considered healthy but always compare ASSA ABLOY AB ser. B to the  industry mean.
  • 10.2% Return on Assets means that ASSA ABLOY AB ser. B generated kr0.10 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of ASSA ABLOY AB ser. B:

  • The MRQ is 10.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 10.2%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ10.2%TTM10.2%0.0%
TTM10.2%YOY8.4%+1.8%
TTM10.2%5Y7.5%+2.7%
5Y7.5%10Y7.7%-0.2%
1.1.3. Return on Equity

Shows how efficient ASSA ABLOY AB ser. B is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare ASSA ABLOY AB ser. B to the  industry mean.
  • 19.1% Return on Equity means ASSA ABLOY AB ser. B generated kr0.19 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of ASSA ABLOY AB ser. B:

  • The MRQ is 19.1%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 19.1%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ19.1%TTM19.1%0.0%
TTM19.1%YOY15.7%+3.4%
TTM19.1%5Y14.5%+4.6%
5Y14.5%10Y14.9%-0.4%

1.2. Operating Efficiency of ASSA ABLOY AB ser. B.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient ASSA ABLOY AB ser. B is operating .

  • Measures how much profit ASSA ABLOY AB ser. B makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare ASSA ABLOY AB ser. B to the  industry mean.
  • An Operating Margin of 0.0% means the company generated kr0.00  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of ASSA ABLOY AB ser. B:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY15.2%-15.2%
TTM-5Y11.2%-11.2%
5Y11.2%10Y9.3%+1.9%
1.2.2. Operating Ratio

Measures how efficient ASSA ABLOY AB ser. B is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are kr0.00 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of ASSA ABLOY AB ser. B:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY0.602-0.602
TTM-5Y0.484-0.484
5Y0.48410Y0.505-0.020

1.3. Liquidity of ASSA ABLOY AB ser. B.

1.3. Liquidity
1.3.1. Current Ratio

Measures if ASSA ABLOY AB ser. B is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 1.20 means the company has kr1.20 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of ASSA ABLOY AB ser. B:

  • The MRQ is 1.197. The company is just able to pay all its short-term debts.
  • The TTM is 1.197. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.197TTM1.1970.000
TTM1.197YOY1.255-0.059
TTM1.1975Y1.168+0.029
5Y1.16810Y1.151+0.017
1.3.2. Quick Ratio

Measures if ASSA ABLOY AB ser. B is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare ASSA ABLOY AB ser. B to the  industry mean.
  • A Quick Ratio of 0.56 means the company can pay off kr0.56 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of ASSA ABLOY AB ser. B:

  • The MRQ is 0.563. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.563. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.563TTM0.5630.000
TTM0.563YOY0.739-0.176
TTM0.5635Y0.660-0.097
5Y0.66010Y0.642+0.017

1.4. Solvency of ASSA ABLOY AB ser. B.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of ASSA ABLOY AB ser. B assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare ASSA ABLOY AB ser. B to industry mean.
  • A Debt to Asset Ratio of 0.46 means that ASSA ABLOY AB ser. B assets are financed with 46.5% credit (debt) and the remaining percentage (100% - 46.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of ASSA ABLOY AB ser. B:

  • The MRQ is 0.465. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.465. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.465TTM0.4650.000
TTM0.465YOY0.4650.000
TTM0.4655Y0.488-0.023
5Y0.48810Y0.4880.000
1.4.2. Debt to Equity Ratio

Measures if ASSA ABLOY AB ser. B is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare ASSA ABLOY AB ser. B to the  industry mean.
  • A Debt to Equity ratio of 86.8% means that company has kr0.87 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of ASSA ABLOY AB ser. B:

  • The MRQ is 0.868. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.868. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.868TTM0.8680.000
TTM0.868YOY0.8680.000
TTM0.8685Y0.956-0.088
5Y0.95610Y0.957-0.001

2. Market Valuation of ASSA ABLOY AB ser. B

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings ASSA ABLOY AB ser. B generates.

  • Above 15 is considered overpriced but always compare ASSA ABLOY AB ser. B to the  industry mean.
  • A PE ratio of 18.91 means the investor is paying kr18.91 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of ASSA ABLOY AB ser. B:

  • The EOD is 25.900. Based on the earnings, the company is overpriced. -1
  • The MRQ is 18.913. Based on the earnings, the company is fair priced.
  • The TTM is 18.913. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD25.900MRQ18.913+6.987
MRQ18.913TTM18.9130.000
TTM18.913YOY28.238-9.326
TTM18.9135Y31.955-13.042
5Y31.95510Y30.307+1.648
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of ASSA ABLOY AB ser. B:

  • The EOD is 27.225. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 19.881. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 19.881. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD27.225MRQ19.881+7.344
MRQ19.881TTM19.8810.000
TTM19.881YOY27.890-8.010
TTM19.8815Y21.863-1.982
5Y21.86310Y22.664-0.801
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of ASSA ABLOY AB ser. B is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 3.61 means the investor is paying kr3.61 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of ASSA ABLOY AB ser. B:

  • The EOD is 4.947. Based on the equity, the company is fair priced.
  • The MRQ is 3.613. Based on the equity, the company is fair priced.
  • The TTM is 3.613. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD4.947MRQ3.613+1.335
MRQ3.613TTM3.6130.000
TTM3.613YOY4.423-0.811
TTM3.6135Y3.875-0.263
5Y3.87510Y3.856+0.019
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of ASSA ABLOY AB ser. B compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share----0%9.645-100%3.409-100%10.441-100%
Book Value Per Share--62.64362.6430%62.6430%55.649+13%53.974+16%
Current Ratio--1.1971.1970%1.255-5%1.168+2%1.151+4%
Debt To Asset Ratio--0.4650.4650%0.4650%0.488-5%0.488-5%
Debt To Equity Ratio--0.8680.8680%0.8680%0.956-9%0.957-9%
Dividend Per Share--4.2004.2000%3.899+8%3.750+12%3.625+16%
Eps--11.96511.9650%9.813+22%8.302+44%8.214+46%
Free Cash Flow Per Share--11.38311.3830%9.935+15%9.977+14%9.386+21%
Free Cash Flow To Equity Per Share--7.1537.1530%2.902+147%5.098+40%5.191+38%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--136.368--------
Intrinsic Value_10Y_min--86.700--------
Intrinsic Value_1Y_max--11.428--------
Intrinsic Value_1Y_min--9.751--------
Intrinsic Value_3Y_max--36.041--------
Intrinsic Value_3Y_min--28.551--------
Intrinsic Value_5Y_max--62.710--------
Intrinsic Value_5Y_min--46.388--------
Market Cap344230731916.800+27%251369521241.600251369521241.6000%307797146867.200-18%240861542138.880+4%232467747697.067+8%
Net Profit Margin----0%0.115-100%0.072-100%0.079-100%
Operating Margin----0%0.152-100%0.112-100%0.093-100%
Operating Ratio----0%0.602-100%0.484-100%0.505-100%
Pb Ratio4.947+27%3.6133.6130%4.423-18%3.875-7%3.856-6%
Pe Ratio25.900+27%18.91318.9130%28.238-33%31.955-41%30.307-38%
Price Per Share309.900+27%226.300226.3000%277.100-18%216.840+4%209.283+8%
Price To Free Cash Flow Ratio27.225+27%19.88119.8810%27.890-29%21.863-9%22.664-12%
Price To Total Gains Ratio73.790+27%53.88453.8840%20.460+163%37.678+43%31.987+68%
Quick Ratio--0.5630.5630%0.739-24%0.660-15%0.642-12%
Return On Assets--0.1020.1020%0.084+22%0.075+36%0.077+33%
Return On Equity--0.1910.1910%0.157+22%0.145+32%0.149+28%
Total Gains Per Share--4.2004.2000%13.544-69%7.159-41%14.065-70%
Usd Book Value--6540802000.0006540802000.0000%6540802000.0000%5810497200.000+13%5635566333.333+16%
Usd Book Value Change Per Share----0%0.907-100%0.320-100%0.981-100%
Usd Book Value Per Share--5.8885.8880%5.8880%5.231+13%5.074+16%
Usd Dividend Per Share--0.3950.3950%0.367+8%0.352+12%0.341+16%
Usd Eps--1.1251.1250%0.922+22%0.780+44%0.772+46%
Usd Free Cash Flow--1188536000.0001188536000.0000%1037384000.000+15%1041764400.000+14%980044000.000+21%
Usd Free Cash Flow Per Share--1.0701.0700%0.934+15%0.938+14%0.882+21%
Usd Free Cash Flow To Equity Per Share--0.6720.6720%0.273+147%0.479+40%0.488+38%
Usd Market Cap32357688800.179+27%23628734996.71023628734996.7100%28932931805.517-18%22640984961.055+4%21851968283.524+8%
Usd Price Per Share29.131+27%21.27221.2720%26.047-18%20.383+4%19.673+8%
Usd Profit--1249354000.0001249354000.0000%1024506000.000+22%866811600.000+44%857593333.333+46%
Usd Revenue----0%8930658000.000-100%6781780400.000-100%6844296666.667-100%
Usd Total Gains Per Share--0.3950.3950%1.273-69%0.673-41%1.322-70%
 EOD+4 -4MRQTTM+0 -0YOY+18 -125Y+26 -910Y+26 -9

3.2. Fundamental Score

Let's check the fundamental score of ASSA ABLOY AB ser. B based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1525.900
Price to Book Ratio (EOD)Between0-14.947
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.563
Current Ratio (MRQ)Greater than11.197
Debt to Asset Ratio (MRQ)Less than10.465
Debt to Equity Ratio (MRQ)Less than10.868
Return on Equity (MRQ)Greater than0.150.191
Return on Assets (MRQ)Greater than0.050.102
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of ASSA ABLOY AB ser. B based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.490
Ma 20Greater thanMa 50305.019
Ma 50Greater thanMa 100294.713
Ma 100Greater thanMa 200283.856
OpenGreater thanClose309.300
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in SEK. All numbers in thousands.

Summary
 As reported
Total Liabilities 0
Total Stockholder Equity+ 0
Total Assets = 0

Assets

Total Assets0
Total Current Assets47,394,000
Long-term Assets0
Total Current Assets
Net Receivables 22,305,000
Inventory 19,217,000
Other Current Assets 140,000
Total Current Assets  (as reported)47,394,000
Total Current Assets  (calculated)41,662,000
+/- 5,732,000
Long-term Assets
Property Plant Equipment 13,910,000
Long-term Assets  (as reported)0
Long-term Assets  (calculated)13,910,000
+/- 13,910,000

Liabilities & Shareholders' Equity

Total Current Liabilities39,602,000
Long-term Liabilities0
Total Stockholder Equity0
Total Current Liabilities
Accounts payable 10,469,000
Other Current Liabilities 10,490,000
Total Current Liabilities  (as reported)39,602,000
Total Current Liabilities  (calculated)20,959,000
+/- 18,643,000
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock371,000
Other Stockholders Equity 12,133,000
Total Stockholder Equity (as reported)0
Total Stockholder Equity (calculated)12,504,000
+/- 12,504,000
Other
Net Tangible Assets -4,883,000
Net Working Capital 7,792,000



Balance Sheet

Currency in SEK. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
> Total Assets 
99,444,000
106,568,000
118,050,000
117,428,000
129,975,000
0
0129,975,000117,428,000118,050,000106,568,00099,444,000
   > Total Current Assets 
26,145,000
29,578,000
31,563,000
31,250,000
39,267,000
47,394,000
47,394,00039,267,00031,250,00031,563,00029,578,00026,145,000
       Cash And Cash Equivalents 
459,000
538,000
442,000
2,756,000
4,325,000
0
04,325,0002,756,000442,000538,000459,000
       Short-term Investments 
43,000
0
55,000
46,000
0
0
0046,00055,000043,000
       Net Receivables 
13,068,000
16,280,000
17,915,000
16,267,000
18,795,000
22,305,000
22,305,00018,795,00016,267,00017,915,00016,280,00013,068,000
       Inventory 
9,430,000
11,316,000
11,276,000
10,079,000
13,933,000
19,217,000
19,217,00013,933,00010,079,00011,276,00011,316,0009,430,000
       Other Current Assets 
106,000
49,000
108,000
241,000
177,000
140,000
140,000177,000241,000108,00049,000106,000
   > Long-term Assets 000000
       Property Plant Equipment 
8,065,000
8,189,000
12,229,000
11,539,000
12,189,000
13,910,000
13,910,00012,189,00011,539,00012,229,0008,189,0008,065,000
       Goodwill 
50,330,000
0
57,662,000
58,344,000
0
0
0058,344,00057,662,000050,330,000
       Intangible Assets 
11,079,000
64,861,000
12,693,000
14,108,000
76,336,000
0
076,336,00014,108,00012,693,00064,861,00011,079,000
> Total Liabilities 
48,796,000
54,678,000
58,907,000
58,558,000
60,392,000
0
060,392,00058,558,00058,907,00054,678,00048,796,000
   > Total Current Liabilities 
24,494,000
28,384,000
27,770,000
25,865,000
31,276,000
39,602,000
39,602,00031,276,00025,865,00027,770,00028,384,00024,494,000
       Accounts payable 
0
7,893,000
7,908,000
7,027,000
9,527,000
10,469,000
10,469,0009,527,0007,027,0007,908,0007,893,0000
       Other Current Liabilities 
0
7,730,000
7,685,000
8,707,000
9,124,000
10,490,000
10,490,0009,124,0008,707,0007,685,0007,730,0000
   > Long-term Liabilities 000000
       Other Liabilities 
0
6,795,000
7,438,000
7,826,000
6,480,000
5,789,000
5,789,0006,480,0007,826,0007,438,0006,795,0000
> Total Stockholder Equity
50,648,000
51,890,000
59,143,000
58,870,000
69,583,000
0
069,583,00058,870,00059,143,00051,890,00050,648,000
   Common Stock
371,000
371,000
371,000
371,000
371,000
371,000
371,000371,000371,000371,000371,000371,000
   Retained Earnings 
40,602,000
36,748,000
42,369,000
47,030,000
54,299,000
63,835,000
63,835,00054,299,00047,030,00042,369,00036,748,00040,602,000
   Capital Surplus 
9,675,000
0
9,675,000
9,675,000
0
0
009,675,0009,675,00009,675,000
   Treasury Stock000000
   Other Stockholders Equity 
0
5,096,000
6,728,000
1,794,000
5,237,000
12,133,000
12,133,0005,237,0001,794,0006,728,0005,096,0000



Balance Sheet

Currency in SEK. All numbers in thousands.




Cash Flow

Currency in SEK. All numbers in thousands.




Income Statement

Currency in SEK. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue0
Cost of Revenue-0
Gross Profit00
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income00
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense00
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income0
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)00
EBIT - interestExpense = 18,997,000
4,225,000
0
Interest Expense0
Earnings Before Interest and Taxes (EBIT)18,997,0000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax0
Tax Provision-0
Net Income From Continuing Ops00
Net Income0
Net Income Applicable To Common Shares13,291,000
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses222,000
Total Other Income/Expenses Net00
 

Technical Analysis of ASSA ABLOY AB ser. B
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of ASSA ABLOY AB ser. B. The general trend of ASSA ABLOY AB ser. B is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine ASSA ABLOY AB ser. B's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of ASSA ABLOY AB ser. B.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: .

The bearish price targets are: 309.90 > 289.80 > 289.70.

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ASSA ABLOY AB ser. B Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of ASSA ABLOY AB ser. B. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

ASSA ABLOY AB ser. B Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of ASSA ABLOY AB ser. B. The current macd is 5.37238854.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the ASSA ABLOY AB ser. B price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for ASSA ABLOY AB ser. B. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the ASSA ABLOY AB ser. B price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
ASSA ABLOY AB ser. B Daily Moving Average Convergence/Divergence (MACD) ChartASSA ABLOY AB ser. B Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of ASSA ABLOY AB ser. B. The current adx is 25.58.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy ASSA ABLOY AB ser. B shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
ASSA ABLOY AB ser. B Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of ASSA ABLOY AB ser. B. The current sar is 303.74.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
ASSA ABLOY AB ser. B Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of ASSA ABLOY AB ser. B. The current rsi is 61.49. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
ASSA ABLOY AB ser. B Daily Relative Strength Index (RSI) ChartASSA ABLOY AB ser. B Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of ASSA ABLOY AB ser. B. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the ASSA ABLOY AB ser. B price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
ASSA ABLOY AB ser. B Daily Stochastic Oscillator ChartASSA ABLOY AB ser. B Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of ASSA ABLOY AB ser. B. The current cci is 56.32.

ASSA ABLOY AB ser. B Daily Commodity Channel Index (CCI) ChartASSA ABLOY AB ser. B Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of ASSA ABLOY AB ser. B. The current cmo is 17.69.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
ASSA ABLOY AB ser. B Daily Chande Momentum Oscillator (CMO) ChartASSA ABLOY AB ser. B Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of ASSA ABLOY AB ser. B. The current willr is -32.57142857.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that ASSA ABLOY AB ser. B is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
ASSA ABLOY AB ser. B Daily Williams %R ChartASSA ABLOY AB ser. B Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of ASSA ABLOY AB ser. B.

ASSA ABLOY AB ser. B Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of ASSA ABLOY AB ser. B. The current atr is 4.86263654.

ASSA ABLOY AB ser. B Daily Average True Range (ATR) ChartASSA ABLOY AB ser. B Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of ASSA ABLOY AB ser. B. The current obv is 110,666,377.

ASSA ABLOY AB ser. B Daily On-Balance Volume (OBV) ChartASSA ABLOY AB ser. B Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of ASSA ABLOY AB ser. B. The current mfi is 60.90.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
ASSA ABLOY AB ser. B Daily Money Flow Index (MFI) ChartASSA ABLOY AB ser. B Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for ASSA ABLOY AB ser. B.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-01RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-21BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

ASSA ABLOY AB ser. B Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of ASSA ABLOY AB ser. B based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.490
Ma 20Greater thanMa 50305.019
Ma 50Greater thanMa 100294.713
Ma 100Greater thanMa 200283.856
OpenGreater thanClose309.300
Total4/5 (80.0%)
Penke

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