Elekta AB (EKTAB) reports earnings tomorrow. Historically, rising prices and falling short interest point to post-earnings rallies, and recent trends align with this bullish setup. With 14% of its float shorted and squeeze potential high, a positive report could trigger a significant move. Options markets anticipate a 6% swing post-earnings.

Historically, the stock has shown momentum, with post-earnings returns often mirroring pre-earnings returns.

Short interest typically acts as a reliable indicator: when short interest rises, the stock tends to sell off, and when it falls, the stock usually rallies.

Recently, short interest has decreased, indicating covering, which is bullish. Additionally, the stock price has been rising, reinforcing the bullish outlook.

If historical patterns hold, the stock is more likely to move higher than lower after earnings.

The stock typically moves around 6% post-earnings, and this move is priced into the options market.

EKTAB has a large short position—14% of the float—often resulting in squeeze scores above 70 during rallies.

A positive earnings report could trigger a similar squeeze potential.

The stock was down 18% in the last earnings cycle, and short interest has been rising since then.

Elekta AB earnings could trigger a post-report rally, given falling short interest and rising stock prices. With 14% of its float shorted and historical patterns favoring bullish momentum, a positive report may drive significant upside. Squeeze risks remain elevated.

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