SAAB AB-B (1SAAB.MI) Stock Technical Analysis
Europe - BIT:1SAAB - SE0021921269 - Common Stock
Taking everything into account, 1SAAB scores 4 out of 10 in our technical rating. In the last year, 1SAAB was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, 1SAAB does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 48.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.07, a Stop Loss order could be placed below this zone.
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42.29
When analyzing the support we can see 3 important areas.
- A support zone ranging from 47.45 to 48.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @45.97 from a trend line in the daily time frame.
- A support zone ranging from 42.72 to 42.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 48.61 to 49.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1SAAB.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1SAAB.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1SAAB.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 1SAAB.MI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 57.15 | NEUTRAL | The RSI value for 1SAAB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests 1SAAB.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 79.53 | NEUTRAL | The Stochastics value for 1SAAB.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.08 | HIGH VOLATILITY | The high ATR as a percentage value for 1SAAB.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 16.12 | NEGATIVE | The low ADX value for 1SAAB.MI suggests a weak or negative trend. |
BIT:1SAAB (9/12/2025, 7:00:00 PM)
48.54
+0.16 (+0.34%)