Embracer LongStrong bounce after breaking previous low. I expected it to go even lower, but I think a jump up is in the cards now
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−1.481 EUR
−1.57 B EUR
3.65 B EUR
783.54 M
About EMBRACER GROUP AB SER. B
Sector
Industry
CEO
Lars Eric Olof Wingefors
Website
Headquarters
Karlstad
Founded
1999
ISIN
SE0016828511
FIGI
BBG00S4WZR05
Embracer Group AB engages in publishing and developing video games. Its brands include Darksiders, MX vs. ATV, Red Faction, Titan Quest, Biomutant, Wreckfest, Gothic and ELEX. The company was founded by Bo Erik Stenberg, Lars Eric Olof Wingefors, Pelle Lundborg and Mikael Broden in 2011 and is headquartered in Karlstad, Sweden.
EMBRACERThe stock EMBRACER is currently showing two key support and resistance lines on the chart. Based on my analysis, it appears that the stock is poised to test the resistance line. Therefore, I believe the stock has potential to rally up to the resistance line. This could serve as a target for traders
Pattern Similarity with Low before ATHCopied the bars pattern from the Jan 2019 lows and scaled to match the current lows pattern. Targets line up with measured bull targets through 2025 should the stock break 30.5 SEK and head to ~39 and ~45.
This may become bearish again if 23.35 is lost, it could see 17.8 and then 15.5 instead
Head / ShouldersEmbracer confirmed a head and shoulders and broke its recent lows. It looks to be headed further down towards 17 and then 15 sek approximately.
Now, it is possible that we see a re-test of the neckline, which could provide some relief or even a possibility of getting out of lows here, but it would
A move down to 17 and 15, unless it reclaims 23.5Embracer could be forming a double bottom here, but it would need to get back above 23.5 first, where it has also confirmed a head and shoulders pattern targeting 17 and then 15.
Should it move back above 23.5, it would still need to get above 30-31 before a double bottom could be confirmed. Shoul
Triple BottomEmbracer may be forming a triple bottom here. Confirmation above the neckline, targets on the chart for 1x, 1.5x, and 2x measured moves up if confirmed.
embracerstruggle to get past ma50 now back at support and what could be trendline
might be a longshot but think its time to fill the gap
The stock is in a slightly fading trend supported by volumeEmbracer 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
Embracer - Breakout or Double/Triple TopEmbracer will either re-test its top or head down from here and do any one of the following:
if re-tests top:
1.) head back down to the bottom of the wedge around 220 sek
2.) break below the wedge forming a double or triple top and head down to 166 sek
3.) break above the top and continue up to
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Frequently Asked Questions
Depending on the exchange, the stock ticker may vary. For instance, on TRADEGATE exchange EMBRACER GROUP AB stocks are traded under the ticker TH9.
We've gathered analysts' opinions on EMBRACER GROUP AB future price: according to them, TH9 price has a max estimate of 4.30 EUR and a min estimate of 2.06 EUR. Watch TH9 chart and read a more detailed EMBRACER GROUP AB stock forecast: see what analysts think of EMBRACER GROUP AB and suggest that you do with its stocks.
Yes, you can track EMBRACER GROUP AB financials in yearly and quarterly reports right on TradingView.
EMBRACER GROUP AB is going to release the next earnings report on Nov 15, 2024. Keep track of upcoming events with our Earnings Calendar.
EMBRACER GROUP AB revenue for the last quarter amounts to 695.45 M EUR, despite the estimated figure of 721.76 M EUR. In the next quarter, revenue is expected to reach 798.83 M EUR.
TH9 net income for the last quarter is −191.37 M EUR, while the quarter before that showed −1.57 B EUR of net income which accounts for 87.80% change. Track more EMBRACER GROUP AB financial stats to get the full picture.
No, TH9 doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Nov 15, 2024, the company has 10.63 K employees. See our rating of the largest employees — is EMBRACER GROUP AB on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. EMBRACER GROUP AB EBITDA is 529.32 M EUR, and current EBITDA margin is 18.16%. See more stats in EMBRACER GROUP AB financial statements.
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