RSI diverges negatively against the price, which indicates danger of a reaction downwards. In case of a negative reaction, the stock has support at approximately 11.10 dollar. There is no resistance in the price chart and further rise is indicated. The stock has broken a resistance level in the short term and given a positive signal for the short-term trading range. This signals increasing optimism among investors and indicates continued rise. Sculptor Capital Management A shows strong development within a rising trend channel in the medium long term. Sculptor Capital Management A (SCU) Price 12.22, Oct 3, 2023 The index is overall assessed as technically neutral for the medium long term. However, particularly in big stocks, low RSI may be a sign that the stock is oversold and that there is a chance for a reaction upwards. Investor have steadily reduced the price to sell the index, which indicates increasing pessimism and continued falling prices. RSI below 30 shows that the momentum of the index is strongly negative in the short term. However, a break downwards through 4180 points will be a negative signal. The index is approaching support at 4180 points, which may give a positive reaction. Further fall to 4171 or lower is signaled. The index gave a negative signal from the head and shoulders formation by the break down through the support at 4393. This indicates a slower rising rate at first, or the start of a more horizontal development. S&P 500 has broken through the floor of a rising trend channel in the medium long term. Since the sell signal from the head and shoulders formation two weeks ago, the index now has lost 3.7 percent. The index has not closed lower since Jun 1. The market showed a negative development Tuesday, and S&P 500 ended the day at 4229 points, which is a decline of 1.4 percent. The stock is trend wise negative in the medium term and a further decline is indicated. This past week the stock has lost as much as 2.9 percent. The stock therby broke below the 100 -mark for the first time since Oct 2022. Iboxx $ Invest Grade Corp Bond Ishares closed at 99.53 dollar after a loss of 1.2 percent. The stock is trend wise positive in the medium term, but has broken down through support at 91.47 dollar. It does, however, not look good technically. The stock has thereby closed up 15 out of the past 16 days. SPDR 1-3 Month T-Bill Barclays Capital increased slightly 0.0 percent and ended the day at 91.46 dollar. A further drop to 177 dollar within five months is indicated. The stock triggered a sell signal by the break down through the support at 203 dollar in head and shoulders formation. The stock has not closed at a lower price since May 8. Salesforce closed down 1.9 percent to 200 dollar. At session end it was bought and sold shares for about 497 million dollar in the stock, which equals 71 times mean daily turnover. The stock has never gained more in one day since we started measuring this Jun 27. POINT Biopharma Global soared and ended at 12.36 dollar, which is a rise of 84.9 percent. The stock is assessed as technically negative for the medium long term. The stock thereby broke the earlier bottom it set Mar 15 and reached a new year-low. Total value of the trading volume for shares and primary capital certificates Tuesday was approximately 513.8 billion.Įmrg Mkts Index MSCI Ishares was down 1.3 percent to close at 37.26 dollar. The index has not closed lower since May 31.ġ417 shares were up and 5920 were down, while 248 remained unchanged, and there was no trading in 309 shares.

The market showed a negative development Tuesday, and Nasdaq Combined Composite Index ended the day at 13059 points, which is a decline of 1.9 percent.

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