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Atlas Copco AB (A)
Buy, Hold or Sell?

Let's analyse Atlas Copco AB (A) together

PenkeI guess you are interested in Atlas Copco AB (A). 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 Atlas Copco AB (A). 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.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Atlas Copco AB (A) (30 sec.)










What can you expect buying and holding a share of Atlas Copco AB (A)? (30 sec.)

How much money do you get?

How much money do you get?
‚ā¨0.87
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
‚ā¨1.66
Expected worth in 1 year
‚ā¨2.49
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
‚ā¨1.65
Return On Investment
9.4%

For what price can you sell your share?

Current Price per Share
‚ā¨17.60
Expected price per share
‚ā¨14.82 - ‚ā¨18.30
How sure are you?
50%

1. Valuation of Atlas Copco AB (A) (5 min.)




Live pricePrice per Share (EOD)

‚ā¨17.60

Intrinsic Value Per Share

‚ā¨3.34 - ‚ā¨3.91

Total Value Per Share

‚ā¨5.00 - ‚ā¨5.57

2. Growth of Atlas Copco AB (A) (5 min.)




Is Atlas Copco AB (A) growing?

Current yearPrevious yearGrowGrow %
How rich?$8.6b$7.5b$1b12.5%

How much money is Atlas Copco AB (A) making?

Current yearPrevious yearGrowGrow %
Making money$2.6b$2.2b$431.9m16.3%
Net Profit Margin16.2%16.6%--

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

3. Financial Health of Atlas Copco AB (A) (5 min.)




What can you expect buying and holding a share of Atlas Copco AB (A)? (5 min.)

Welcome investor! Atlas Copco AB (A)'s management wants to use your money to grow the business. In return you get a share of Atlas Copco AB (A).

What can you expect buying and holding a share of Atlas Copco AB (A)?

First you should know what it really means to hold a share of Atlas Copco AB (A). And how you can make/lose money.

Speculation

The Price per Share of Atlas Copco AB (A) is ‚ā¨17.60. 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 Atlas Copco AB (A).
  • 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 Atlas Copco AB (A), 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 ‚ā¨1.66. Based on the TTM, the Book Value Change Per Share is ‚ā¨0.21 per quarter. Based on the YOY, the Book Value Change Per Share is ‚ā¨0.23 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 ‚ā¨0.20 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Atlas Copco AB (A).

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share
Usd Eps0.553.1%0.553.1%0.462.6%0.412.3%0.412.3%
Usd Book Value Change Per Share0.221.3%0.221.3%0.241.4%0.442.5%0.442.5%
Usd Dividend Per Share0.221.2%0.221.2%0.181.0%0.181.0%0.181.0%
Usd Total Gains Per Share0.442.5%0.442.5%0.422.4%0.633.6%0.633.6%
Usd Price Per Share16.75-16.75-11.90-117.87-117.87-
Price to Earnings Ratio30.73-30.73-26.07-357.30-357.30-
Price-to-Total Gains Ratio38.05-38.05-28.21-201.30-201.30-
Price to Book Ratio9.42-9.42-7.65-97.49-97.49-
Price-to-Total Gains Ratio38.05-38.05-28.21-201.30-201.30-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share18.8213715
Number of shares53
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.220.18
Usd Book Value Change Per Share0.220.44
Usd Total Gains Per Share0.440.63
Gains per Quarter (53 shares)23.3233.31
Gains per Year (53 shares)93.29133.26
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
14647833994123
2929417678189256
3138141269117283389
4185189362156377522
5231236455195471655
6277283548234566788
7323330641273660921
83693777343127541054
94154248273518481187
104624719203909431320

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%4.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%

Fundamentals of Atlas Copco AB (A)

About Atlas Copco AB (A)

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is 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 overpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is fair priced.

1.1. Profitability of Atlas Copco AB (A).

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Atlas Copco AB (A) earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare¬†Atlas Copco AB (A) to the¬† industry mean.
  • A Net Profit Margin of 16.2%¬†means that¬†€0.16 for each €1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Atlas Copco AB (A):

  • The MRQ is 16.2%. The company is making a huge profit. +2
  • The TTM is 16.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ16.2%TTM16.2%0.0%
TTM16.2%YOY16.6%-0.4%
TTM16.2%5Y16.0%+0.2%
5Y16.0%10Y16.0%0.0%
1.1.2. Return on Assets

Shows how efficient Atlas Copco AB (A) is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Atlas Copco AB (A) to the¬† industry mean.
  • 15.3% Return on Assets means that¬†Atlas Copco AB (A) generated¬†€0.15 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Atlas Copco AB (A):

  • The MRQ is 15.3%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 15.3%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ15.3%TTM15.3%0.0%
TTM15.3%YOY13.6%+1.7%
TTM15.3%5Y13.8%+1.5%
5Y13.8%10Y13.8%0.0%
1.1.3. Return on Equity

Shows how efficient Atlas Copco AB (A) is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Atlas Copco AB (A) to the¬† industry mean.
  • 30.7% Return on Equity means Atlas Copco AB (A) generated €0.31¬†for each¬†€1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Atlas Copco AB (A):

  • The MRQ is 30.7%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 30.7%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ30.7%TTM30.7%0.0%
TTM30.7%YOY29.4%+1.3%
TTM30.7%5Y28.6%+2.0%
5Y28.6%10Y28.6%0.0%

1.2. Operating Efficiency of Atlas Copco AB (A).

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Atlas Copco AB (A) is operating .

  • Measures how much profit Atlas Copco AB (A) makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Atlas Copco AB (A) to the¬† industry mean.
  • An Operating Margin of 0.0%¬†means the company generated €0.00 ¬†for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Atlas Copco AB (A):

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient Atlas Copco AB (A) is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬† industry mean).
  • An Operation Ratio of 1.35 means that the operating costs are €1.35 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Atlas Copco AB (A):

  • The MRQ is 1.346. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.346. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.346TTM1.3460.000
TTM1.346YOY1.363-0.018
TTM1.3465Y1.369-0.023
5Y1.36910Y1.3690.000

1.3. Liquidity of Atlas Copco AB (A).

1.3. Liquidity
1.3.1. Current Ratio

Measures if Atlas Copco AB (A) is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬† industry mean).
  • A Current Ratio of 1.59¬†means the company has €1.59 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Atlas Copco AB (A):

  • The MRQ is 1.590. The company is able to pay all its short-term debts. +1
  • The TTM is 1.590. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.590TTM1.5900.000
TTM1.590YOY1.305+0.285
TTM1.5905Y1.545+0.045
5Y1.54510Y1.5450.000
1.3.2. Quick Ratio

Measures if Atlas Copco AB (A) is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Atlas Copco AB (A) to the¬† industry mean.
  • A Quick Ratio of 0.61¬†means the company can pay off €0.61 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Atlas Copco AB (A):

  • The MRQ is 0.609. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.609. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.609TTM0.6090.000
TTM0.609YOY0.496+0.113
TTM0.6095Y0.564+0.045
5Y0.56410Y0.5640.000

1.4. Solvency of Atlas Copco AB (A).

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Atlas Copco AB (A) assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Atlas Copco AB (A) to industry mean.
  • A Debt to Asset Ratio of 0.50¬†means that Atlas Copco AB (A) assets are¬†financed with 49.9% credit (debt) and the remaining percentage (100% - 49.9%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Atlas Copco AB (A):

  • The MRQ is 0.499. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.499. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.499TTM0.4990.000
TTM0.499YOY0.536-0.036
TTM0.4995Y0.517-0.018
5Y0.51710Y0.5170.000
1.4.2. Debt to Equity Ratio

Measures if Atlas Copco AB (A) is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Atlas Copco AB (A) to the¬† industry mean.
  • A Debt to Equity ratio of 99.7% means that company has €1.00 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Atlas Copco AB (A):

  • The MRQ is 0.997. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.997. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.997TTM0.9970.000
TTM0.997YOY1.154-0.157
TTM0.9975Y1.074-0.077
5Y1.07410Y1.0740.000

2. Market Valuation of Atlas Copco AB (A)

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every €1 in earnings Atlas Copco AB (A) generates.

  • Above 15 is considered overpriced but¬†always compare¬†Atlas Copco AB (A) to the¬† industry mean.
  • A PE ratio of 30.73 means the investor is paying €30.73¬†for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Atlas Copco AB (A):

  • The EOD is 34.534. Based on the earnings, the company is overpriced. -1
  • The MRQ is 30.726. Based on the earnings, the company is overpriced. -1
  • The TTM is 30.726. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD34.534MRQ30.726+3.808
MRQ30.726TTM30.7260.000
TTM30.726YOY26.074+4.652
TTM30.7265Y357.299-326.573
5Y357.29910Y357.2990.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Atlas Copco AB (A):

  • The EOD is 42.784. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 38.067. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 38.067. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD42.784MRQ38.067+4.717
MRQ38.067TTM38.0670.000
TTM38.067YOY37.449+0.617
TTM38.0675Y308.897-270.830
5Y308.89710Y308.8970.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Atlas Copco AB (A) 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 9.42 means the investor is paying €9.42¬†for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Atlas Copco AB (A):

  • The EOD is 10.583. Based on the equity, the company is expensive. -2
  • The MRQ is 9.416. Based on the equity, the company is overpriced. -1
  • The TTM is 9.416. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD10.583MRQ9.416+1.167
MRQ9.416TTM9.4160.000
TTM9.416YOY7.649+1.767
TTM9.4165Y97.495-88.079
5Y97.49510Y97.4950.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Atlas Copco AB (A) 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--0.2080.2080%0.226-8%0.416-50%0.416-50%
Book Value Per Share--1.6631.6630%1.455+14%1.330+25%1.330+25%
Current Ratio--1.5901.5900%1.305+22%1.545+3%1.545+3%
Debt To Asset Ratio--0.4990.4990%0.536-7%0.517-3%0.517-3%
Debt To Equity Ratio--0.9970.9970%1.154-14%1.074-7%1.074-7%
Dividend Per Share--0.2040.2040%0.168+21%0.172+18%0.172+18%
Eps--0.5090.5090%0.427+19%0.384+33%0.384+33%
Free Cash Flow Per Share--0.4110.4110%0.297+38%0.355+16%0.355+16%
Free Cash Flow To Equity Per Share--0.4110.4110%0.297+38%0.355+16%0.355+16%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--3.906--------
Intrinsic Value_10Y_min--3.337--------
Intrinsic Value_1Y_max--0.364--------
Intrinsic Value_1Y_min--0.354--------
Intrinsic Value_3Y_max--1.116--------
Intrinsic Value_3Y_min--1.053--------
Intrinsic Value_5Y_max--1.891--------
Intrinsic Value_5Y_min--1.735--------
Market Cap--76248605575.36576248605575.3650%54175076306.520+41%536550711007.151-86%536550711007.151-86%
Net Profit Margin--0.1620.1620%0.166-2%0.160+1%0.160+1%
Operating Margin----0%-0%-0%-0%
Operating Ratio--1.3461.3460%1.363-1%1.369-2%1.369-2%
Pb Ratio10.583+11%9.4169.4160%7.649+23%97.495-90%97.495-90%
Pe Ratio34.534+11%30.72630.7260%26.074+18%357.299-91%357.299-91%
Price Per Share17.595+11%15.65515.6550%11.128+41%110.186-86%110.186-86%
Price To Free Cash Flow Ratio42.784+11%38.06738.0670%37.449+2%308.897-88%308.897-88%
Price To Total Gains Ratio42.769+11%38.05438.0540%28.205+35%201.295-81%201.295-81%
Quick Ratio--0.6090.6090%0.496+23%0.564+8%0.564+8%
Return On Assets--0.1530.1530%0.136+13%0.138+11%0.138+11%
Return On Equity--0.3070.3070%0.294+4%0.286+7%0.286+7%
Total Gains Per Share--0.4110.4110%0.395+4%0.588-30%0.588-30%
Usd Book Value--8662163175.0008662163175.0000%7575937379.700+14%6927221826.075+25%6927221826.075+25%
Usd Book Value Change Per Share--0.2220.2220%0.242-8%0.445-50%0.445-50%
Usd Book Value Per Share--1.7781.7780%1.556+14%1.423+25%1.423+25%
Usd Dividend Per Share--0.2180.2180%0.180+21%0.184+18%0.184+18%
Usd Eps--0.5450.5450%0.457+19%0.410+33%0.410+33%
Usd Free Cash Flow--2142631028.8502142631028.8500%1547450483.700+38%1850294855.250+16%1850294855.250+16%
Usd Free Cash Flow Per Share--0.4400.4400%0.318+38%0.380+16%0.380+16%
Usd Free Cash Flow To Equity Per Share--0.4400.4400%0.318+38%0.380+16%0.380+16%
Usd Market Cap--81563133383.96881563133383.9680%57951079125.085+41%573948295564.350-86%573948295564.350-86%
Usd Price Per Share18.821+11%16.74616.7460%11.904+41%117.866-86%117.866-86%
Usd Profit--2654503338.0002654503338.0000%2222531200.650+19%1998119639.925+33%1998119639.925+33%
Usd Revenue--16345833250.80016345833250.8000%13379018696.250+22%12417849923.400+32%12417849923.400+32%
Usd Total Gains Per Share--0.4400.4400%0.422+4%0.629-30%0.629-30%
 EOD+2 -4MRQTTM+0 -0YOY+27 -75Y+26 -810Y+26 -8

3.2. Fundamental Score

Let's check the fundamental score of Atlas Copco AB (A) based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1534.534
Price to Book Ratio (EOD)Between0-110.583
Net Profit Margin (MRQ)Greater than00.162
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.609
Current Ratio (MRQ)Greater than11.590
Debt to Asset Ratio (MRQ)Less than10.499
Debt to Equity Ratio (MRQ)Less than10.997
Return on Equity (MRQ)Greater than0.150.307
Return on Assets (MRQ)Greater than0.050.153
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Atlas Copco AB (A) based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.563
Ma 20Greater thanMa 5017.680
Ma 50Greater thanMa 10016.684
Ma 100Greater thanMa 20015.443
OpenGreater thanClose17.595
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in SEK. All numbers in thousands.

Summary
Total Assets182,684,000
Total Liabilities91,184,000
Total Stockholder Equity91,450,000
 As reported
Total Liabilities 91,184,000
Total Stockholder Equity+ 91,450,000
Total Assets = 182,684,000

Assets

Total Assets182,684,000
Total Current Assets86,207,000
Long-term Assets96,477,000
Total Current Assets
Cash And Cash Equivalents 10,887,000
Short-term Investments 329,000
Net Receivables 32,680,000
Inventory 29,283,000
Total Current Assets  (as reported)86,207,000
Total Current Assets  (calculated)73,179,000
+/- 13,028,000
Long-term Assets
Property Plant Equipment 24,466,000
Goodwill 45,361,000
Intangible Assets 22,140,000
Long-term Assets  (as reported)96,477,000
Long-term Assets  (calculated)91,967,000
+/- 4,510,000

Liabilities & Shareholders' Equity

Total Current Liabilities54,212,000
Long-term Liabilities36,972,000
Total Stockholder Equity91,450,000
Total Current Liabilities
Short Long Term Debt 1,251,000
Accounts payable 17,792,000
Other Current Liabilities 59,000
Total Current Liabilities  (as reported)54,212,000
Total Current Liabilities  (calculated)19,102,000
+/- 35,110,000
Long-term Liabilities
Long term Debt 25,598,000
Capital Lease Obligations Min Short Term Debt5,742,000
Long-term Liabilities Other 462,000
Long-term Liabilities  (as reported)36,972,000
Long-term Liabilities  (calculated)31,802,000
+/- 5,170,000
Total Stockholder Equity
Retained Earnings 71,421,000
Total Stockholder Equity (as reported)91,450,000
Total Stockholder Equity (calculated)71,421,000
+/- 20,029,000
Other
Capital Stock786,000
Common Stock Shares Outstanding 4,870,559
Net Debt 15,962,000
Net Invested Capital 118,299,000
Net Working Capital 31,995,000
Property Plant and Equipment Gross 48,922,000



Balance Sheet

Currency in SEK. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-31
> Total Assets 
0
113,366,000
136,683,000
172,301,000
182,684,000
182,684,000172,301,000136,683,000113,366,0000
   > Total Current Assets 
0
50,945,000
68,006,000
80,212,000
86,207,000
86,207,00080,212,00068,006,00050,945,0000
       Cash And Cash Equivalents 
0
11,655,000
18,990,000
11,254,000
10,887,000
10,887,00011,254,00018,990,00011,655,0000
       Short-term Investments 
73,000
0
587,000
591,000
329,000
329,000591,000587,000073,000
       Net Receivables 
0
18,801,000
21,954,000
29,910,000
32,680,000
32,680,00029,910,00021,954,00018,801,0000
   > Long-term Assets 
0
62,421,000
68,677,000
92,089,000
96,477,000
96,477,00092,089,00068,677,00062,421,0000
       Property Plant Equipment 
0
13,391,000
14,577,000
20,161,000
24,466,000
24,466,00020,161,00014,577,00013,391,0000
       Goodwill 
0
28,873,000
32,113,000
44,299,000
45,361,000
45,361,00044,299,00032,113,00028,873,0000
       Intangible Assets 
0
16,967,000
18,235,000
22,768,000
22,140,000
22,140,00022,768,00018,235,00016,967,0000
> Total Liabilities 
0
59,832,000
69,049,000
92,275,000
91,184,000
91,184,00092,275,00069,049,00059,832,0000
   > Total Current Liabilities 
0
31,466,000
40,803,000
61,458,000
54,212,000
54,212,00061,458,00040,803,00031,466,0000
       Short Long Term Debt 
0
2,008,000
2,960,000
11,249,000
1,251,000
1,251,00011,249,0002,960,0002,008,0000
       Accounts payable 
0
11,202,000
15,159,000
19,145,000
17,792,000
17,792,00019,145,00015,159,00011,202,0000
       Other Current Liabilities 
0
28,000
40,000
52,000
59,000
59,00052,00040,00028,0000
   > Long-term Liabilities 
0
28,366,000
28,246,000
30,817,000
36,972,000
36,972,00030,817,00028,246,00028,366,0000
> Total Stockholder Equity
0
53,215,000
67,633,000
79,976,000
91,450,000
91,450,00079,976,00067,633,00053,215,0000
   Common Stock00000
   Retained Earnings Total Equity00000
   Accumulated Other Comprehensive Income 00000
   Capital Surplus 00000
   Treasury Stock00000
   Other Stockholders Equity 00000



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, 2023-12-31)

Gross Profit (+$)
totalRevenue172,664,000
Cost of Revenue-97,547,000
Gross Profit75,117,00075,117,000
 
Operating Income (+$)
Gross Profit75,117,000
Operating Expense-134,786,100
Operating Income37,877,900-59,669,100
 
Operating Expense (+$)
Research Development6,693,000
Selling General Administrative30,036,000
Selling And Marketing Expenses0
Operating Expense134,786,10036,729,000
 
Net Interest Income (+$)
Interest Income393,000
Interest Expense-914,000
Other Finance Cost-0
Net Interest Income-521,000
 
Pretax Income (+$)
Operating Income37,877,900
Net Interest Income-521,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)36,442,00037,877,900
EBIT - interestExpense = -914,000
28,040,000
28,954,000
Interest Expense914,000
Earnings Before Interest and Taxes (EBIT)037,356,000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax36,442,000
Tax Provision-8,390,000
Net Income From Continuing Ops28,052,00028,052,000
Net Income28,040,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0521,000
 

Technical Analysis of Atlas Copco AB (A)
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 Atlas Copco AB (A). The general trend of Atlas Copco AB (A) is BULLISH with 85.7% 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 Atlas Copco AB (A)'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 (85.7%) Bearish trend (-85.7%)
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 Atlas Copco AB (A).

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 18.30.

The bearish price targets are: 17.17 > 16.87 > 14.82.

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Atlas Copco AB (A) 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 Atlas Copco AB (A). The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below 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

Atlas Copco AB (A) 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 Atlas Copco AB (A). The current macd is 0.27364254.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal 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 Atlas Copco AB (A) price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Atlas Copco AB (A). 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 Atlas Copco AB (A) 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
Atlas Copco AB (A) Daily Moving Average Convergence/Divergence (MACD) ChartAtlas Copco AB (A) 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 Atlas Copco AB (A). The current adx is 28.69.

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 Atlas Copco AB (A) 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
Atlas Copco AB (A) 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 Atlas Copco AB (A). The current sar is 18.30.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Atlas Copco AB (A) 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 Atlas Copco AB (A). The current rsi is 53.56. 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 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Atlas Copco AB (A) Daily Relative Strength Index (RSI) ChartAtlas Copco AB (A) 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 Atlas Copco AB (A). The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • 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 Atlas Copco AB (A) price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Atlas Copco AB (A) Daily Stochastic Oscillator ChartAtlas Copco AB (A) 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 Atlas Copco AB (A). The current cci is -32.405484.

Atlas Copco AB (A) Daily Commodity Channel Index (CCI) ChartAtlas Copco AB (A) 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 Atlas Copco AB (A). The current cmo is -4.1086706.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Atlas Copco AB (A) Daily Chande Momentum Oscillator (CMO) ChartAtlas Copco AB (A) 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 Atlas Copco AB (A). The current willr is -99.29078014.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Atlas Copco AB (A) Daily Williams %R ChartAtlas Copco AB (A) 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 Atlas Copco AB (A).

Atlas Copco AB (A) 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 Atlas Copco AB (A). The current atr is 0.18254759.

Atlas Copco AB (A) Daily Average True Range (ATR) ChartAtlas Copco AB (A) 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 Atlas Copco AB (A). The current obv is 235,010.

Atlas Copco AB (A) Daily On-Balance Volume (OBV) ChartAtlas Copco AB (A) 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 Atlas Copco AB (A). The current mfi is 36.01.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Atlas Copco AB (A) Daily Money Flow Index (MFI) ChartAtlas Copco AB (A) Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Atlas Copco AB (A).

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
2024-02-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07DMI 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
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-23ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13STOCH 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).
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH 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).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-25CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-02ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-04ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-09DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-04-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-19STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-22MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-23ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-25MACD 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-26MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-29STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-03MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-05-06STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-05-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-13ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-14ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-15MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-05-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-17RSI 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).
2024-05-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-05-21STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-23CCI 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).
2024-05-24BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-05-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-03SAR 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-06-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-06STOCH 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
2024-06-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-11STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-14RSI 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).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-06-17ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-06-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside

6.3. Candlestick Patterns

Atlas Copco AB (A) Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Atlas Copco AB (A) based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.563
Ma 20Greater thanMa 5017.680
Ma 50Greater thanMa 10016.684
Ma 100Greater thanMa 20015.443
OpenGreater thanClose17.595
Total4/5 (80.0%)
Penke

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