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Vitec Software Group AB (publ)
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Let's analyse Vitec Software Group AB (publ) together

PenkeI guess you are interested in Vitec Software Group AB (publ). 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 Vitec Software Group AB (publ). 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 Vitec Software Group AB (publ) (30 sec.)










What can you expect buying and holding a share of Vitec Software Group AB (publ)? (30 sec.)

How much money do you get?

How much money do you get?
kr0.21
When do you have the money?
1 year
How often do you get paid?
55.0%

What is your share worth?

Current worth
kr92.89
Expected worth in 1 year
kr97.24
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
kr6.56
Return On Investment
1.2%

For what price can you sell your share?

Current Price per Share
kr556.00
Expected price per share
kr431.71 - kr587.38
How sure are you?
50%

1. Valuation of Vitec Software Group AB (publ) (5 min.)




Live pricePrice per Share (EOD)

kr556.00

Intrinsic Value Per Share

kr-127.75 - kr20.42

Total Value Per Share

kr-34.86 - kr113.31

2. Growth of Vitec Software Group AB (publ) (5 min.)




Is Vitec Software Group AB (publ) growing?

Current yearPrevious yearGrowGrow %
How rich?$320.3m$227.1m$94.1m29.3%

How much money is Vitec Software Group AB (publ) making?

Current yearPrevious yearGrowGrow %
Making money$7.9m$5.7m$2.2m27.8%
Net Profit Margin12.2%12.4%--

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

3. Financial Health of Vitec Software Group AB (publ) (5 min.)




What can you expect buying and holding a share of Vitec Software Group AB (publ)? (5 min.)

Welcome investor! Vitec Software Group AB (publ)'s management wants to use your money to grow the business. In return you get a share of Vitec Software Group AB (publ).

What can you expect buying and holding a share of Vitec Software Group AB (publ)?

First you should know what it really means to hold a share of Vitec Software Group AB (publ). And how you can make/lose money.

Speculation

The Price per Share of Vitec Software Group AB (publ) is kr556.00. 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 Vitec Software Group AB (publ).
  • 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 Vitec Software Group AB (publ), 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 kr92.89. Based on the TTM, the Book Value Change Per Share is kr1.09 per quarter. Based on the YOY, the Book Value Change Per Share is kr9.89 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 kr0.55 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Vitec Software Group AB (publ).

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 Eps0.200.0%0.210.0%0.160.0%0.140.0%0.090.0%
Usd Book Value Change Per Share-0.030.0%0.100.0%0.930.2%0.350.1%0.210.0%
Usd Dividend Per Share0.050.0%0.050.0%0.050.0%0.040.0%0.030.0%
Usd Total Gains Per Share0.030.0%0.150.0%0.970.2%0.380.1%0.230.0%
Usd Price Per Share55.04-51.10-39.45-33.68-21.98-
Price to Earnings Ratio67.14-60.55-61.50-62.08-62.68-
Price-to-Total Gains Ratio2,076.11-822.63-87.32--94.05-31.56-
Price to Book Ratio6.30-5.96-6.39-8.24-10.82-
Price-to-Total Gains Ratio2,076.11-822.63-87.32--94.05-31.56-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share52.264
Number of shares19
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.050.04
Usd Book Value Change Per Share0.100.35
Usd Total Gains Per Share0.150.38
Gains per Quarter (19 shares)2.937.29
Gains per Year (19 shares)11.7129.17
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
148232619
28161465348
312232697977
416313811105106
520395014132135
624476217158164
728547420184193
832628623211222
936709826237251
10397811028263280

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 Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%62.00.00.0100.0%
Book Value Change Per Share1.03.00.025.0%7.05.00.058.3%14.06.00.070.0%29.011.00.072.5%47.013.02.075.8%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%17.00.03.085.0%22.00.018.055.0%27.00.035.043.5%
Total Gains per Share3.01.00.075.0%9.03.00.075.0%17.03.00.085.0%36.04.00.090.0%55.05.02.088.7%

Fundamentals of Vitec Software Group AB (publ)

About Vitec Software Group AB (publ)

Vitec Software Group AB (publ) develops and delivers vertical market software in Sweden, Denmark, Finland, Norway, and internationally. The company offers software for municipal culture and recreation administration offices, as well as other visitor facilities; healthcare companies; church activities; banking and finance industry; information management within the process industry and energy companies; social services sector; automotive, transportation, and machinery industry; local associations and national organizations; construction and property management industry; pharmacy market; car dealers and auto repair shops; electricity traders, and owners of electricity and district heating grids; hair and beauty salons; and welfare sectors. It also provides software for preschools; real estate agents; education sector; golf courses; liability insurance companies; building and facility management; private and municipal waste and resource processing; media companies; and insurance companies. Vitec Software Group AB (publ) was incorporated in 1985 and is headquartered in Umeå, Sweden.

Fundamental data was last updated by Penke on 2024-03-13 16:27:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not 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 able to pay all its debts by selling its assets.
The company is 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 expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Vitec Software Group AB (publ).

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Vitec Software Group AB (publ) earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Vitec Software Group AB (publ) to the Software - Application industry mean.
  • A Net Profit Margin of 10.8% means that kr0.11 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Vitec Software Group AB (publ):

  • The MRQ is 10.8%. The company is making a huge profit. +2
  • The TTM is 12.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ10.8%TTM12.2%-1.4%
TTM12.2%YOY12.4%-0.2%
TTM12.2%5Y11.8%+0.5%
5Y11.8%10Y10.8%+0.9%
1.1.2. Return on Assets

Shows how efficient Vitec Software Group AB (publ) is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Vitec Software Group AB (publ) to the Software - Application industry mean.
  • 1.0% Return on Assets means that Vitec Software Group AB (publ) generated kr0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Vitec Software Group AB (publ):

  • The MRQ is 1.0%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.0%TTM1.1%-0.1%
TTM1.1%YOY1.3%-0.2%
TTM1.1%5Y1.4%-0.3%
5Y1.4%10Y1.6%-0.2%
1.1.3. Return on Equity

Shows how efficient Vitec Software Group AB (publ) is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Vitec Software Group AB (publ) to the Software - Application industry mean.
  • 2.3% Return on Equity means Vitec Software Group AB (publ) generated kr0.02 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Vitec Software Group AB (publ):

  • The MRQ is 2.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.3%TTM2.5%-0.1%
TTM2.5%YOY2.6%-0.1%
TTM2.5%5Y3.5%-1.0%
5Y3.5%10Y4.5%-1.0%

1.2. Operating Efficiency of Vitec Software Group AB (publ).

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Vitec Software Group AB (publ) is operating .

  • Measures how much profit Vitec Software Group AB (publ) 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 Vitec Software Group AB (publ) to the Software - Application industry mean.
  • An Operating Margin of 21.2% means the company generated kr0.21  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Vitec Software Group AB (publ):

  • The MRQ is 21.2%. The company is operating efficient. +1
  • The TTM is 22.0%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ21.2%TTM22.0%-0.7%
TTM22.0%YOY18.0%+4.0%
TTM22.0%5Y17.5%+4.5%
5Y17.5%10Y15.2%+2.3%
1.2.2. Operating Ratio

Measures how efficient Vitec Software Group AB (publ) is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Application industry mean).
  • An Operation Ratio of 0.79 means that the operating costs are kr0.79 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of Vitec Software Group AB (publ):

  • The MRQ is 0.788. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.773. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.788TTM0.773+0.015
TTM0.773YOY0.818-0.045
TTM0.7735Y0.808-0.035
5Y0.80810Y0.836-0.028

1.3. Liquidity of Vitec Software Group AB (publ).

1.3. Liquidity
1.3.1. Current Ratio

Measures if Vitec Software Group AB (publ) is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Application industry mean).
  • A Current Ratio of 0.72 means the company has kr0.72 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of Vitec Software Group AB (publ):

  • The MRQ is 0.716. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.846. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.716TTM0.846-0.130
TTM0.846YOY0.878-0.032
TTM0.8465Y0.803+0.043
5Y0.80310Y0.787+0.017
1.3.2. Quick Ratio

Measures if Vitec Software Group AB (publ) is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Vitec Software Group AB (publ) to the Software - Application industry mean.
  • A Quick Ratio of 0.71 means the company can pay off kr0.71 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Vitec Software Group AB (publ):

  • The MRQ is 0.712. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.842. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.712TTM0.842-0.130
TTM0.842YOY0.848-0.006
TTM0.8425Y0.761+0.081
5Y0.76110Y0.550+0.211

1.4. Solvency of Vitec Software Group AB (publ).

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Vitec Software Group AB (publ) assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Vitec Software Group AB (publ) to Software - Application industry mean.
  • A Debt to Asset Ratio of 0.56 means that Vitec Software Group AB (publ) assets are financed with 56.5% credit (debt) and the remaining percentage (100% - 56.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Vitec Software Group AB (publ):

  • The MRQ is 0.565. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.555. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.565TTM0.555+0.009
TTM0.555YOY0.511+0.044
TTM0.5555Y0.573-0.018
5Y0.57310Y0.622-0.049
1.4.2. Debt to Equity Ratio

Measures if Vitec Software Group AB (publ) is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Vitec Software Group AB (publ) to the Software - Application industry mean.
  • A Debt to Equity ratio of 129.8% means that company has kr1.30 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Vitec Software Group AB (publ):

  • The MRQ is 1.298. The company is able to pay all its debts with equity. +1
  • The TTM is 1.251. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.298TTM1.251+0.047
TTM1.251YOY1.079+0.172
TTM1.2515Y1.396-0.145
5Y1.39610Y1.722-0.326

2. Market Valuation of Vitec Software Group AB (publ)

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 Vitec Software Group AB (publ) generates.

  • Above 15 is considered overpriced but always compare Vitec Software Group AB (publ) to the Software - Application industry mean.
  • A PE ratio of 67.14 means the investor is paying kr67.14 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Vitec Software Group AB (publ):

  • The EOD is 63.761. Based on the earnings, the company is expensive. -2
  • The MRQ is 67.145. Based on the earnings, the company is expensive. -2
  • The TTM is 60.548. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD63.761MRQ67.145-3.383
MRQ67.145TTM60.548+6.596
TTM60.548YOY61.499-0.951
TTM60.5485Y62.084-1.536
5Y62.08410Y62.678-0.593
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Vitec Software Group AB (publ):

  • The EOD is -44.773. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -47.148. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -117.893. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-44.773MRQ-47.148+2.376
MRQ-47.148TTM-117.893+70.744
TTM-117.893YOY-31.215-86.677
TTM-117.8935Y49.429-167.321
5Y49.42910Y4.978+44.451
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Vitec Software Group AB (publ) is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Application industry mean).
  • A PB ratio of 6.30 means the investor is paying kr6.30 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of Vitec Software Group AB (publ):

  • The EOD is 5.985. Based on the equity, the company is overpriced. -1
  • The MRQ is 6.303. Based on the equity, the company is overpriced. -1
  • The TTM is 5.960. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD5.985MRQ6.303-0.318
MRQ6.303TTM5.960+0.343
TTM5.960YOY6.387-0.427
TTM5.9605Y8.244-2.284
5Y8.24410Y10.821-2.577
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Vitec Software Group AB (publ) 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---0.3011.087-128%9.890-103%3.685-108%2.201-114%
Book Value Per Share--92.89391.299+2%67.871+37%48.582+91%29.022+220%
Current Ratio--0.7160.846-15%0.878-18%0.803-11%0.787-9%
Debt To Asset Ratio--0.5650.555+2%0.511+10%0.573-1%0.622-9%
Debt To Equity Ratio--1.2981.251+4%1.079+20%1.396-7%1.722-25%
Dividend Per Share--0.5830.552+6%0.479+22%0.399+46%0.288+103%
Eps--2.1802.265-4%1.721+27%1.459+49%0.989+120%
Free Cash Flow Per Share---3.1052.196-241%1.936-260%1.759-277%1.113-379%
Free Cash Flow To Equity Per Share---0.2085.423-104%11.453-102%5.705-104%3.354-106%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--20.415--------
Intrinsic Value_10Y_min---127.749--------
Intrinsic Value_1Y_max--7.147--------
Intrinsic Value_1Y_min--1.531--------
Intrinsic Value_3Y_max--17.587--------
Intrinsic Value_3Y_min---7.787--------
Intrinsic Value_5Y_max--23.339--------
Intrinsic Value_5Y_min---30.608--------
Market Cap19395504000.000-11%21478189250.00020358084306.250+6%14926583153.800+44%12995725742.010+65%8403619396.005+156%
Net Profit Margin--0.1080.122-12%0.124-13%0.118-8%0.1080%
Operating Margin--0.2120.220-3%0.180+18%0.175+21%0.152+39%
Operating Ratio--0.7880.773+2%0.818-4%0.808-3%0.836-6%
Pb Ratio5.985-5%6.3035.960+6%6.387-1%8.244-24%10.821-42%
Pe Ratio63.761-5%67.14560.548+11%61.499+9%62.084+8%62.678+7%
Price Per Share556.000-5%585.500543.625+8%419.675+40%358.335+63%233.799+150%
Price To Free Cash Flow Ratio-44.773+5%-47.148-117.893+150%-31.215-34%49.429-195%4.978-1047%
Price To Total Gains Ratio1971.504-5%2076.107822.629+152%87.319+2278%-94.051+105%31.563+6478%
Quick Ratio--0.7120.842-15%0.848-16%0.761-6%0.550+29%
Return On Assets--0.0100.011-7%0.013-19%0.014-29%0.016-38%
Return On Equity--0.0230.025-5%0.026-9%0.035-33%0.045-48%
Total Gains Per Share--0.2821.640-83%10.369-97%4.084-93%2.488-89%
Usd Book Value--320317596.000321380900.5000%227193652.500+41%165949879.500+93%98490027.500+225%
Usd Book Value Change Per Share---0.0280.102-128%0.930-103%0.346-108%0.207-114%
Usd Book Value Per Share--8.7328.582+2%6.380+37%4.567+91%2.728+220%
Usd Dividend Per Share--0.0550.052+6%0.045+22%0.037+46%0.027+103%
Usd Eps--0.2050.213-4%0.162+27%0.137+49%0.093+120%
Usd Free Cash Flow---10705284.0008024122.000-233%6534081.000-264%5966053.100-279%3748163.050-386%
Usd Free Cash Flow Per Share---0.2920.206-241%0.182-260%0.165-277%0.105-379%
Usd Free Cash Flow To Equity Per Share---0.0200.510-104%1.077-102%0.536-104%0.315-106%
Usd Market Cap1823177376.000-11%2018949789.5001913659924.788+6%1403098816.457+44%1221598219.749+65%789940223.224+156%
Usd Price Per Share52.264-5%55.03751.101+8%39.449+40%33.683+63%21.977+150%
Usd Profit--7517180.0007970777.000-6%5754351.000+31%4953151.400+52%3326913.800+126%
Usd Revenue--69588106.00065272754.000+7%46487488.500+50%41341684.100+68%29266077.500+138%
Usd Total Gains Per Share--0.0270.154-83%0.975-97%0.384-93%0.234-89%
 EOD+3 -5MRQTTM+9 -26YOY+17 -185Y+19 -1610Y+20 -15

3.2. Fundamental Score

Let's check the fundamental score of Vitec Software Group AB (publ) based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1563.761
Price to Book Ratio (EOD)Between0-15.985
Net Profit Margin (MRQ)Greater than00.108
Operating Margin (MRQ)Greater than00.212
Quick Ratio (MRQ)Greater than10.712
Current Ratio (MRQ)Greater than10.716
Debt to Asset Ratio (MRQ)Less than10.565
Debt to Equity Ratio (MRQ)Less than11.298
Return on Equity (MRQ)Greater than0.150.023
Return on Assets (MRQ)Greater than0.050.010
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Vitec Software Group AB (publ) based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.808
Ma 20Greater thanMa 50552.575
Ma 50Greater thanMa 100559.090
Ma 100Greater thanMa 200551.762
OpenGreater thanClose555.500
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets7,829,344
Total Liabilities4,421,710
Total Stockholder Equity3,407,634
 As reported
Total Liabilities 4,421,710
Total Stockholder Equity+ 3,407,634
Total Assets = 7,829,344

Assets

Total Assets7,829,344
Total Current Assets737,928
Long-term Assets7,091,416
Total Current Assets
Cash And Cash Equivalents 171,851
Net Receivables 561,432
Inventory 4,645
Total Current Assets  (as reported)737,928
Total Current Assets  (calculated)737,928
+/-0
Long-term Assets
Property Plant Equipment 162,687
Goodwill 3,962,672
Long-term Assets Other 2,915,147
Long-term Assets  (as reported)7,091,416
Long-term Assets  (calculated)7,040,506
+/- 50,910

Liabilities & Shareholders' Equity

Total Current Liabilities1,030,039
Long-term Liabilities3,391,671
Total Stockholder Equity3,407,634
Total Current Liabilities
Short-term Debt 13,363
Accounts payable 57,274
Other Current Liabilities 690,291
Total Current Liabilities  (as reported)1,030,039
Total Current Liabilities  (calculated)760,928
+/- 269,111
Long-term Liabilities
Long-term Liabilities  (as reported)3,391,671
Long-term Liabilities  (calculated)0
+/- 3,391,671
Total Stockholder Equity
Total Stockholder Equity (as reported)3,407,634
Total Stockholder Equity (calculated)0
+/- 3,407,634
Other
Cash and Short Term Investments 171,851
Common Stock Shares Outstanding 36,684
Current Deferred Revenue269,111
Liabilities and Stockholders Equity 7,829,344
Net Debt 1,990,448
Net Working Capital -292,111
Short Long Term Debt Total 2,162,299



Balance Sheet

All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-30
> Total Assets 
0
0
124,102
0
138,774
141,141
221,323
252,143
245,240
300,644
293,308
317,076
311,170
313,640
327,743
362,887
330,933
427,655
429,133
447,356
411,079
377,698
387,981
562,087
706,213
679,231
772,901
770,198
746,845
806,803
872,019
874,372
810,616
1,001,306
1,096,691
1,085,483
1,000,615
1,157,396
1,261,970
1,226,168
1,432,476
1,408,848
1,675,648
1,615,327
1,810,873
1,804,204
1,890,336
2,084,020
2,154,186
2,155,700
2,206,775
2,974,745
2,980,417
3,952,709
3,751,777
4,040,436
3,923,759
5,765,372
6,320,824
7,672,483
7,496,874
7,762,533
7,829,344
7,829,3447,762,5337,496,8747,672,4836,320,8245,765,3723,923,7594,040,4363,751,7773,952,7092,980,4172,974,7452,206,7752,155,7002,154,1862,084,0201,890,3361,804,2041,810,8731,615,3271,675,6481,408,8481,432,4761,226,1681,261,9701,157,3961,000,6151,085,4831,096,6911,001,306810,616874,372872,019806,803746,845770,198772,901679,231706,213562,087387,981377,698411,079447,356429,133427,655330,933362,887327,743313,640311,170317,076293,308300,644245,240252,143221,323141,141138,7740124,10200
   > Total Current Assets 
0
0
28,908
0
26,221
25,057
93,890
125,477
118,650
111,693
103,776
125,787
115,414
100,170
114,409
150,660
119,721
142,045
149,112
168,900
133,940
104,528
108,543
154,011
160,302
133,934
213,970
182,745
159,553
160,835
220,528
218,353
164,237
205,094
247,677
243,313
161,484
183,877
271,182
199,207
241,240
237,685
495,687
308,992
275,127
264,441
284,960
303,077
315,558
332,376
409,384
458,836
409,502
669,542
435,929
607,041
431,643
837,537
1,048,870
1,202,566
766,738
767,065
737,928
737,928767,065766,7381,202,5661,048,870837,537431,643607,041435,929669,542409,502458,836409,384332,376315,558303,077284,960264,441275,127308,992495,687237,685241,240199,207271,182183,877161,484243,313247,677205,094164,237218,353220,528160,835159,553182,745213,970133,934160,302154,011108,543104,528133,940168,900149,112142,045119,721150,660114,409100,170115,414125,787103,776111,693118,650125,47793,89025,05726,221028,90800
       Cash And Cash Equivalents 
0
0
5
0
953
0
26,551
55,608
55,900
38,737
32,120
29,680
43,824
35,288
38,553
28,601
24,970
38,344
53,795
73,701
15,136
12,904
21,319
74,014
4
6,888
71,114
25,811
15,158
35,416
60,268
125,805
60,122
86,467
80,877
130,409
48,981
40,467
57,924
60,345
65,633
60,743
235,256
129,309
78,643
70,784
16,658
110,200
139,880
165,869
134,695
278,810
210,713
465,158
119,854
400,577
184,299
522,147
615,787
822,784
396,584
362,748
171,851
171,851362,748396,584822,784615,787522,147184,299400,577119,854465,158210,713278,810134,695165,869139,880110,20016,65870,78478,643129,309235,25660,74365,63360,34557,92440,46748,981130,40980,87786,46760,122125,80560,26835,41615,15825,81171,1146,888474,01421,31912,90415,13673,70153,79538,34424,97028,60138,55335,28843,82429,68032,12038,73755,90055,60826,55109530500
       Short-term Investments 
0
0
0
0
0
0
0
20,000
0
0
0
25,000
0
0
0
43,000
24,990
17,990
14,490
15,135
34,490
17,490
0
0
70,000
45,000
0
60,000
45,000
20,000
0
0
0
0
43
43
43
43
44
46
267
266
46
47
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000004746266267464443434343000020,00045,00060,000045,00070,0000017,49034,49015,13514,49017,99024,99043,00000025,00000020,0000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
191,089
188,984
242,862
189,200
173,001
163,529
240,248
176,758
196,185
201,647
276,650
202,264
243,744
312,287
331,749
376,541
366,928
399,508
561,432
561,432399,508366,928376,541331,749312,287243,744202,264276,650201,647196,185176,758240,248163,529173,001189,200242,862188,984191,08900000000000000000000000000000000000000000000
       Other Current Assets 
0
0
28,754
0
25,135
24,925
67,254
49,775
62,657
72,869
71,588
71,016
71,499
64,814
75,812
79,005
69,717
85,668
80,784
80,022
84,299
74,120
87,210
79,983
89,989
81,761
142,517
96,649
99,078
105,061
159,861
92,184
103,773
117,549
165,726
111,831
111,772
139,871
209,595
134,128
170,263
170,804
255,083
174,077
191,089
188,984
264,521
189,216
173,000
163,529
271,731
176,757
196,185
201,647
313,287
202,264
243,744
312,287
0
-1
-1
0
0
00-1-10312,287243,744202,264313,287201,647196,185176,757271,731163,529173,000189,216264,521188,984191,089174,077255,083170,804170,263134,128209,595139,871111,772111,831165,726117,549103,77392,184159,861105,06199,07896,649142,51781,76189,98979,98387,21074,12084,29980,02280,78485,66869,71779,00575,81264,81471,49971,01671,58872,86962,65749,77567,25424,92525,135028,75400
   > Long-term Assets 
0
0
95,194
0
112,553
116,084
127,433
126,666
126,590
188,951
189,532
191,289
195,756
213,470
213,334
212,227
211,212
285,610
280,021
278,456
277,139
273,170
279,438
408,076
545,911
545,297
558,931
587,453
587,292
645,968
651,491
656,019
646,379
796,212
849,014
842,170
839,131
973,519
990,788
1,026,961
1,191,236
1,171,163
1,179,961
1,306,335
1,535,746
1,539,763
1,605,377
1,780,943
1,838,628
1,823,324
1,797,391
2,515,909
2,570,915
3,283,166
3,315,848
3,433,395
3,492,116
4,927,835
5,271,954
6,469,917
6,730,135
6,995,468
7,091,416
7,091,4166,995,4686,730,1356,469,9175,271,9544,927,8353,492,1163,433,3953,315,8483,283,1662,570,9152,515,9091,797,3911,823,3241,838,6281,780,9431,605,3771,539,7631,535,7461,306,3351,179,9611,171,1631,191,2361,026,961990,788973,519839,131842,170849,014796,212646,379656,019651,491645,968587,292587,453558,931545,297545,911408,076279,438273,170277,139278,456280,021285,610211,212212,227213,334213,470195,756191,289189,532188,951126,590126,666127,433116,084112,553095,19400
       Property Plant Equipment 
0
0
4,849
0
5,180
0
5,976
5,834
6,146
7,148
7,429
9,484
13,554
13,095
13,276
12,847
12,976
14,802
13,500
13,779
12,936
12,634
19,300
20,158
26,376
27,640
28,900
29,905
30,593
30,963
29,400
28,226
28,369
28,874
34,400
32,209
31,373
40,647
37,900
41,876
41,839
38,721
39,700
101,175
100,491
92,312
131,000
134,090
124,176
113,829
104,600
135,134
166,775
168,623
164,000
162,419
147,249
157,787
156,400
159,749
154,152
137,170
162,687
162,687137,170154,152159,749156,400157,787147,249162,419164,000168,623166,775135,134104,600113,829124,176134,090131,00092,312100,491101,17539,70038,72141,83941,87637,90040,64731,37332,20934,40028,87428,36928,22629,40030,96330,59329,90528,90027,64026,37620,15819,30012,63412,93613,77913,50014,80212,97612,84713,27613,09513,5549,4847,4297,1486,1465,8345,97605,18004,84900
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
129,700
128,398
127,529
129,996
129,600
152,380
181,120
182,480
190,900
199,146
197,957
201,702
202,100
203,037
183,674
233,344
240,400
0
0
0
282,600
0
0
0
385,600
0
0
0
617,900
695,606
770,797
770,888
770,100
1,226,302
1,220,192
1,744,117
1,689,500
1,753,170
1,785,311
2,693,051
2,900,700
3,571,120
3,688,591
3,813,943
3,962,672
3,962,6723,813,9433,688,5913,571,1202,900,7002,693,0511,785,3111,753,1701,689,5001,744,1171,220,1921,226,302770,100770,888770,797695,606617,900000385,600000282,600000240,400233,344183,674203,037202,100201,702197,957199,146190,900182,480181,120152,380129,600129,996127,529128,398129,700000000000000000000
       Intangible Assets 
0
0
0
0
53,572
0
0
0
98,202
181,608
0
0
0
0
0
0
95,645
0
136,900
136,279
136,674
130,540
130,500
235,396
328,491
327,732
333,200
352,559
352,099
406,208
413,100
417,871
427,296
526,726
569,100
0
0
0
661,700
0
0
0
745,400
0
0
0
847,800
941,938
934,982
929,968
917,400
1,138,376
1,163,138
1,340,448
1,429,200
1,483,753
1,520,363
2,030,588
2,163,100
2,682,819
2,815,005
2,985,304
0
02,985,3042,815,0052,682,8192,163,1002,030,5881,520,3631,483,7531,429,2001,340,4481,163,1381,138,376917,400929,968934,982941,938847,800000745,400000661,700000569,100526,726427,296417,871413,100406,208352,099352,559333,200327,732328,491235,396130,500130,540136,674136,279136,900095,645000000181,60898,20200053,5720000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,186
9,023
9,309
8,673
8,639
5,843
16,097
20,810
1
33,542
34,053
39,193
46,409
13,483
8,429
1
8,466
0
08,46618,42913,48346,40939,19334,05333,542120,81016,0975,8438,6398,6739,3099,02311,186000000000000000000000000000000000000000000000
> Total Liabilities 
0
0
70,668
0
83,303
84,250
133,404
157,751
145,388
195,647
181,443
198,683
186,189
179,929
189,640
217,523
188,388
274,431
269,476
284,740
246,309
214,206
218,374
382,105
481,144
439,454
512,771
519,863
503,386
550,090
600,481
582,947
519,365
684,561
762,478
734,393
659,300
802,762
863,806
787,731
999,630
953,434
1,006,020
903,570
1,114,413
1,054,319
1,130,904
1,306,704
1,367,566
1,330,059
1,363,425
2,011,760
2,032,573
2,038,216
1,762,673
1,947,060
1,812,882
3,511,568
3,111,066
4,376,992
4,007,314
4,279,435
4,421,710
4,421,7104,279,4354,007,3144,376,9923,111,0663,511,5681,812,8821,947,0601,762,6732,038,2162,032,5732,011,7601,363,4251,330,0591,367,5661,306,7041,130,9041,054,3191,114,413903,5701,006,020953,434999,630787,731863,806802,762659,300734,393762,478684,561519,365582,947600,481550,090503,386519,863512,771439,454481,144382,105218,374214,206246,309284,740269,476274,431188,388217,523189,640179,929186,189198,683181,443195,647145,388157,751133,40484,25083,303070,66800
   > Total Current Liabilities 
0
0
31,789
0
50,582
50,505
81,314
96,145
86,524
114,632
106,539
127,082
121,372
113,497
121,531
152,776
127,000
150,722
156,099
187,608
162,960
122,711
135,762
213,265
215,710
215,437
271,750
285,104
260,699
249,610
290,700
255,958
211,915
219,846
265,954
339,268
272,552
299,584
341,549
304,250
337,373
282,311
343,663
400,985
373,311
319,292
383,925
500,578
510,754
473,297
530,431
603,337
575,258
547,329
620,999
794,308
664,693
833,538
960,437
1,219,846
914,913
908,955
1,030,039
1,030,039908,955914,9131,219,846960,437833,538664,693794,308620,999547,329575,258603,337530,431473,297510,754500,578383,925319,292373,311400,985343,663282,311337,373304,250341,549299,584272,552339,268265,954219,846211,915255,958290,700249,610260,699285,104271,750215,437215,710213,265135,762122,711162,960187,608156,099150,722127,000152,776121,531113,497121,372127,082106,539114,63286,52496,14581,31450,50550,582031,78900
       Short-term Debt 
0
0
6,019
0
0
0
19,710
0
0
0
11,414
0
0
0
11,414
0
0
0
21,688
0
0
0
29,808
0
33,670
67,154
59,284
50,683
29,654
39,153
33,845
29,009
29,534
30,260
44,126
89,934
45,104
45,173
31,180
30,620
30,631
5,620
5,620
5,633
5,620
5,620
33,873
23,900
24,068
52,900
32,347
2,766
2,775
2,765
59,042
4,063
2,779
2,778
74,991
37,688
34,793
31,413
13,363
13,36331,41334,79337,68874,9912,7782,7794,06359,0422,7652,7752,76632,34752,90024,06823,90033,8735,6205,6205,6335,6205,62030,63130,62031,18045,17345,10489,93444,12630,26029,53429,00933,84539,15329,65450,68359,28467,15433,670029,80800021,68800011,41400011,41400019,7100006,01900
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,620
5,620
3,026
23,900
24,068
24,000
2,763
2,766
2,775
2,765
21,073
4,063
2,779
2,778
37,785
37,688
34,793
31,413
0
031,41334,79337,68837,7852,7782,7794,06321,0732,7652,7752,7662,76324,00024,06823,9003,0265,6205,62000000000000000000000000000000000000000000000
       Accounts payable 
0
0
2,655
0
0
0
4,655
0
0
0
11,457
0
0
0
7,794
0
0
0
16,739
0
0
0
13,084
0
0
0
17,223
0
0
0
14,582
0
0
0
21,153
0
0
0
31,902
0
0
0
39,910
33,793
37,564
24,177
34,758
27,083
27,487
29,011
35,094
27,645
30,737
34,663
46,784
37,693
48,494
54,556
56,696
40,156
36,767
59,040
57,274
57,27459,04036,76740,15656,69654,55648,49437,69346,78434,66330,73727,64535,09429,01127,48727,08334,75824,17737,56433,79339,91000031,90200021,15300014,58200017,22300013,08400016,7390007,79400011,4570004,6550002,65500
       Other Current Liabilities 
0
0
23,115
0
50,582
50,505
56,949
96,145
86,524
114,632
83,668
127,082
121,372
113,497
102,323
152,776
127,000
150,722
117,672
187,608
162,960
122,711
92,870
213,265
182,040
148,283
195,243
234,421
231,045
210,457
242,273
226,949
182,381
189,586
200,675
249,334
227,448
254,411
278,467
273,630
306,742
276,691
298,133
361,559
330,127
289,495
315,294
449,595
459,199
391,386
462,990
572,926
541,746
509,901
470,478
752,552
613,420
776,204
828,750
696,477
244,598
352,179
690,291
690,291352,179244,598696,477828,750776,204613,420752,552470,478509,901541,746572,926462,990391,386459,199449,595315,294289,495330,127361,559298,133276,691306,742273,630278,467254,411227,448249,334200,675189,586182,381226,949242,273210,457231,045234,421195,243148,283182,040213,26592,870122,711162,960187,608117,672150,722127,000152,776102,323113,497121,372127,08283,668114,63286,52496,14556,94950,50550,582023,11500
   > Long-term Liabilities 
0
0
38,879
0
32,721
33,745
52,090
61,606
58,864
81,015
74,904
71,601
64,817
66,432
68,109
64,747
61,388
123,709
113,377
97,132
83,349
91,495
82,612
168,840
265,434
224,017
241,021
234,759
242,687
300,480
309,781
326,989
307,450
464,715
496,524
395,125
386,748
503,178
522,257
483,481
662,257
671,123
662,357
502,585
741,102
735,027
746,979
806,126
856,812
856,762
832,994
1,408,423
1,457,315
1,490,887
1,141,674
1,152,752
1,148,189
2,678,030
2,150,629
3,157,146
3,092,401
3,370,480
3,391,671
3,391,6713,370,4803,092,4013,157,1462,150,6292,678,0301,148,1891,152,7521,141,6741,490,8871,457,3151,408,423832,994856,762856,812806,126746,979735,027741,102502,585662,357671,123662,257483,481522,257503,178386,748395,125496,524464,715307,450326,989309,781300,480242,687234,759241,021224,017265,434168,84082,61291,49583,34997,132113,377123,70961,38864,74768,10966,43264,81771,60174,90481,01558,86461,60652,09033,74532,721038,87900
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
562,752
588,121
1,045,108
1,057,882
1,057,647
754,633
759,119
757,697
2,044,623
1,550,288
1,879,856
1,751,014
2,023,175
0
02,023,1751,751,0141,879,8561,550,2882,044,623757,697759,119754,6331,057,6471,057,8821,045,108588,121562,7520000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
242,413
223,749
307,890
302,049
250,610
248,633
311,615
318,333
351,040
326,958
393,633
328,292
564,407
600,147
1,225,290
1,294,087
1,308,105
0
01,308,1051,294,0871,225,290600,147564,407328,292393,633326,958351,040318,333311,615248,633250,610302,049307,890223,749242,413000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
53,434
0
55,471
56,891
65,238
69,646
77,670
86,287
92,392
99,506
104,536
112,587
117,053
143,369
141,303
151,977
159,657
162,616
164,770
163,492
169,607
179,982
225,069
239,777
260,130
250,335
243,459
256,713
271,538
291,425
291,251
316,745
334,213
351,090
341,315
354,634
398,164
438,437
432,846
455,414
669,628
711,757
696,460
749,885
759,432
777,316
786,620
825,641
843,350
962,985
947,844
1,914,493
1,989,104
2,093,376
2,110,877
2,253,804
3,209,758
3,295,491
3,489,560
3,483,098
3,407,634
3,407,6343,483,0983,489,5603,295,4913,209,7582,253,8042,110,8772,093,3761,989,1041,914,493947,844962,985843,350825,641786,620777,316759,432749,885696,460711,757669,628455,414432,846438,437398,164354,634341,315351,090334,213316,745291,251291,425271,538256,713243,459250,335260,130239,777225,069179,982169,607163,492164,770162,616159,657151,977141,303143,369117,053112,587104,53699,50692,39286,28777,67069,64665,23856,89155,471053,43400
   Common Stock
0
0
1,883
0
0
0
1,916
0
0
0
2,126
0
0
0
2,184
0
0
0
2,574
0
0
0
2,654
0
0
0
2,940
0
0
0
2,940
0
0
0
2,940
0
0
0
2,984
0
0
0
3,234
0
0
749,885
3,257
777,316
786,620
825,641
3,277
962,985
947,844
1,914,493
3,504
2,093,376
2,110,877
2,253,804
3,732
3,295,491
3,489,560
3,483,098
0
03,483,0983,489,5603,295,4913,7322,253,8042,110,8772,093,3763,5041,914,493947,844962,9853,277825,641786,620777,3163,257749,885003,2340002,9840002,9400002,9400002,9400002,6540002,5740002,1840002,1260001,9160001,88300
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
19,874
0
0
0
20,814
0
0
0
36,585
0
0
0
40,198
0
0
0
60,530
0
0
0
60,250
0
0
0
116,020
0
0
0
96,078
0
0
0
118,396
0
0
0
116,111
0
0
0
323,228
0
0
0
329,655
777,316
786,620
825,641
265,687
962,985
947,844
1,914,493
1,219,734
2,093,376
2,110,877
2,253,804
2,308,645
3,295,491
3,489,560
3,483,098
0
03,483,0983,489,5603,295,4912,308,6452,253,8042,110,8772,093,3761,219,7341,914,493947,844962,985265,687825,641786,620777,316329,655000323,228000116,111000118,39600096,078000116,02000060,25000060,53000040,19800036,58500020,81400019,87400



Balance Sheet

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 (+$)
totalRevenue2,777,565
Cost of Revenue-2,147,512
Gross Profit630,053630,053
 
Operating Income (+$)
Gross Profit630,053
Operating Expense-1,117,398
Operating Income630,053-487,345
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense1,117,3980
 
Net Interest Income (+$)
Interest Income7,667
Interest Expense-99,195
Other Finance Cost-20,502
Net Interest Income-112,030
 
Pretax Income (+$)
Operating Income630,053
Net Interest Income-112,030
Other Non-Operating Income Expenses0
Income Before Tax (EBT)467,812792,294
EBIT - interestExpense = 530,858
467,812
438,378
Interest Expense99,195
Earnings Before Interest and Taxes (EBIT)630,053567,007
Earnings Before Interest and Taxes (EBITDA)1,103,639
 
After tax Income (+$)
Income Before Tax467,812
Tax Provision-110,995
Net Income From Continuing Ops327,054356,817
Net Income339,183
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses2,147,512
Total Other Income/Expenses Net-162,241112,030
 

Technical Analysis of Vitec Software Group AB (publ)
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 Vitec Software Group AB (publ). The general trend of Vitec Software Group AB (publ) is BULLISH with 28.6% 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 Vitec Software Group AB (publ)'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 (28.6%) Bearish trend (-28.6%)
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 Vitec Software Group AB (publ).

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: 573.90 < 581.89 < 587.38.

The bearish price targets are: 532.94 > 530.94 > 431.71.

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Vitec Software Group AB (publ) 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 Vitec Software Group AB (publ). The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower 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 down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below 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 down: The MA 200 is trending down. -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

Vitec Software Group AB (publ) 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 Vitec Software Group AB (publ). The current macd is -3.8265118.

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 Vitec Software Group AB (publ) price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Vitec Software Group AB (publ). This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Vitec Software Group AB (publ) price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Vitec Software Group AB (publ) Daily Moving Average Convergence/Divergence (MACD) ChartVitec Software Group AB (publ) 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 Vitec Software Group AB (publ). The current adx is 16.07.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Vitec Software Group AB (publ) shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Vitec Software Group AB (publ) 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 Vitec Software Group AB (publ). The current sar is 519.25.

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
Vitec Software Group AB (publ) 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 Vitec Software Group AB (publ). The current rsi is 52.81. 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.
Vitec Software Group AB (publ) Daily Relative Strength Index (RSI) ChartVitec Software Group AB (publ) 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 Vitec Software Group AB (publ). The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-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 above the STOCH %D 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 Vitec Software Group AB (publ) price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Vitec Software Group AB (publ) Daily Stochastic Oscillator ChartVitec Software Group AB (publ) 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 Vitec Software Group AB (publ). The current cci is 23.89.

Vitec Software Group AB (publ) Daily Commodity Channel Index (CCI) ChartVitec Software Group AB (publ) 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 Vitec Software Group AB (publ). The current cmo is 16.86.

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
Vitec Software Group AB (publ) Daily Chande Momentum Oscillator (CMO) ChartVitec Software Group AB (publ) 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 Vitec Software Group AB (publ). The current willr is -27.77777778.

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 Vitec Software Group AB (publ) is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Vitec Software Group AB (publ) Daily Williams %R ChartVitec Software Group AB (publ) 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 Vitec Software Group AB (publ).

Vitec Software Group AB (publ) 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 Vitec Software Group AB (publ). The current atr is 14.08.

Vitec Software Group AB (publ) Daily Average True Range (ATR) ChartVitec Software Group AB (publ) 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 Vitec Software Group AB (publ). The current obv is 1,551,712.

Vitec Software Group AB (publ) Daily On-Balance Volume (OBV) ChartVitec Software Group AB (publ) 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 Vitec Software Group AB (publ). The current mfi is 42.03.

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
Vitec Software Group AB (publ) Daily Money Flow Index (MFI) ChartVitec Software Group AB (publ) Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Vitec Software Group AB (publ).

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
2023-11-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-14STOCH 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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-01RSI 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).
2023-12-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
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).
2023-12-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12STOCH 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).
2024-01-16STOCH 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-22DMI 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 SHORT EXITThe %K line crosses above the %D line.
2024-01-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-25WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-29DMI 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.
2024-02-01CCI 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-13STOCH 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).
2024-02-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-20STOCH 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).
2024-02-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11DMI 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).
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Vitec Software Group AB (publ) Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Vitec Software Group AB (publ) based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.808
Ma 20Greater thanMa 50552.575
Ma 50Greater thanMa 100559.090
Ma 100Greater thanMa 200551.762
OpenGreater thanClose555.500
Total3/5 (60.0%)
Penke

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