Analysis: bullish channel situationBig probability of an uptrend continuity as you see on the chart.Thanks.
0.54USD
2.64 BUSD
16.26 BUSD
About Atlas Copco AB
Sector
Industry
CEO
Mats Rahmström
Website
Headquarters
Stockholm
Employees (FY)
52.78 K
Founded
1873
ISIN
US0492557063
FIGI
BBG000BB6T20
Atlas Copco AB engages in the provision of sustainable productivity solutions. The firm offers compressors, vacuum solutions, generators, power tools, and assembly systems. It operates through the following segments: Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique. The Compressor Technique segment provides compressed air solutions, industrial compressors, gas and process compressors and expanders, air and gas treatment equipment, and air management systems. The Vacuum Technique segment deals with vacuum products, exhaust management systems, valves, and related equipment. The Industrial Technique segment offers industrial power tools and systems, assembly solutions, quality assurance products, and software and services. The Power Technique segment supplies air, power, and flow solutions through products such as mobile compressors, pumps, light towers, and generators along with a number of complementary products. The company was founded by Eduard Fränckel on February 21, 1873 and is headquartered in Stockholm, Sweden.
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Bullish Divergence - Easy MoneyThe chart is now showing some bullish divergence. Easy 7% gain on your investment.
Atlas Copco B Idea on the daily timeframeLong trade can be taken above 380 SEK
Stock is above 200 periods movile average
Rounding bottom or saucer pattern completion around 380
RSI getting better
Good luck!
ATCO - A WIll Rise Next Week !ATCO A WIll Rise Next Week
I Advais You to buy
The Target is 453.4 SEK
StoopLoss is 410.1 SEK
Atlas Copco Bull projection .. ? MaybeToo early to say perhaps but keep an eye out for a cup and handle formation.
Bull season is approaching for sure but way too early to call it safe. In general, I see a high potential for a second correction on all stocks in the coming 2 weeks
Atlas Copco (Sweden) Upcoming Short OpprtunityEverything is explained on the chart, no further explanation needed
Atlas copco, Bullish divergencePossible trend change in Atlas Copco as you can see at the bullish divergence in MACD and RSI. But it depends much on the company’s future and for Atlas Copco that is hard to predict.
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