A.P. Moller–Maersk: Technical & Fundamental Analysis and Scenario-Based Outlook

Executive Summary: A.P. Moller–Maersk (Maersk) is the world’s second-largest container carrier and a bellwether of global trade. Class B shares (MAERSK-B, Copenhagen) have outperformed the less-liquid Class A shares (MAERSK-A) over the past year (up ~31% vs ~21%), reflecting investor preference for the freely tradable non-voting B shares over the voting A shares. Maersk’s USD ADR (AMKBY) closely tracks the B share, representing ~¹/₂₀₀ of a Copenhagen share (recently ~$12 per ADR vs ~DKK 14,000 per Copenhagen share). Despite a strong 2025, Maersk’s stock has pulled back ~25% from its late-2025 highs, with RSI levels near 30–37 ...