The stock is in a slightly fading trend supported by volume

Embracer Group AB engages in publishing and developing video games for the global marke. The company has a broad portfolio.
Fundamental analysts have predominantly a positive view of the stock.

The stock is in a slightly fading trend supported by volume patterns, but after a brief break through the attic, MA may indicate a more flat development.
On volume balance OVB falling from 22 days back.
The price fluctuates in a REC. Break in relation to the REC or support around 72 and 77 or resistance around 84 will provide the direction at least in the short term.
RSI about 50.
Oscillators sell from one day to a month.
Considers the stock slightly negative for a medium long time.

Disclaimer: I have a position in the stock.

Remember you need do your own research and assessment before buying and selling.

Sources: Trading View and Yahoo Finance.

Note: A REC is a formation in which the price fluctuates between two lines that are not necessarily parallel.

Trend Analysis

Feragatname