Hexagon Composites stock: 11.85 kroner was broken upward, and price has been back to the level twice
The nearest support is 11.85, 1.7% under the price. The nearest resistance is 15.00, 24.4% over.
Every figure below was measured on October 19, 2026 and has not been updated since.
Hexagon Composites closed the week of 12 October at 12.06 kroner. In the week of 3 August the close went over 11.85. Has 11.85 acted as support since then?
Support is a price where buyers came before and stopped a fall. Resistance is a price where sellers came before and stopped a rise.
The answer is that price has gone down to the level twice since the break, and both weeks closed over it. Two weeks is a short record.
Nearest support that held: 11.85 kroner on the weekly chart, 1.7% under the weekly close. The monthly chart has support at 7.37, 42.2% under the monthly close.
Nearest resistance that held: 15.00 kroner on the weekly chart, 24.4% over the weekly close. The monthly chart has resistance at 13.54, 6.1% over the monthly close.
Every price is a weekly close, unless the text says "monthly".
11.85 was resistance for 46 weeks and was broken in the week of 3 August
Price reached the level in four weeks before the break and in two weeks after.
Price first reached 11.85 in the week of 15 September 2025. It reached the level again in the weeks of 22 September and 29 September 2025, and in the week of 4 May 2026. From the first week to the break, 45 weeks closed under the level and 1 closed over it.
In the week of 3 August, Hexagon Composites closed at 13.78, over the level. Volume was 31,866,593 shares, which is 2.95 times a normal week.
After the break, the weekly close was 14.50 in the week of 10 August. It then fell to 12.37 in the week of 28 September.
In the week of 5 October the low was 11.84, inside the level, and the week closed at 12.73. In the week of 12 October the low was 11.71, under the level, and the week closed at 12.06. A touch after a break is called a retest. The level has four touches before the break and two after.
The last close is 1.7% over 11.85. The week of 12 October went under the level during the week and closed over it. One weekly close is a weak measure of that.
Over the price: three levels have held, and the nearest is 15.00
The weekly chart shows 25 lines over the price and trusts 3 of them: 15.00, 20.00 and 48.80.
The monthly chart shows 31 lines over the monthly close of 12.76 and trusts 2 of them: 13.54 and 57.03.
Under the price: the weekly and monthly charts point to different levels
One price axis. Two charts. Each chart is measured on its own.
The weekly chart shows 16 lines under the price and trusts 2 of them: 11.85, which is 1.7% under the weekly close of 12.06, and 6.30.
The monthly chart shows 3 lines under the monthly close of 12.76 and trusts 1 of them: 7.37, 42.2% under. The monthly chart has a line at 11.86, close to 11.85. It has switched sides and is not a level that has held. The two charts do not agree on a level near the price.
The weekly chart does not trust 36 of 41 lines. Of the 36, 25 have been crossed 3 times or more, 9 are clues and 2 have switched sides. The monthly chart does not trust 31 of 34 lines. The monthly chart is measured to September 2026, and October is not finished.
One weekly close that would change this read
A weekly close under 11.71, the low of the week of 12 October. Price would then be back under the level, and the break on 3 August would not have led to support.
It shows on the weekly chart at the end of a week.
Why this post gives no forecast
1,350 breaks have been measured across the site's companies. The 12 weeks after a break look like any 12 random weeks, whether the level held or not. The measurement gives no basis for a forecast.
