STO:ALFA - Nasdaq Stockholm AB - SE0000695876 - Common Stock - Currency: SEK
Overall ALFA gets a technical rating of 1 out of 10. ALFA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, ALFA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 421.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 419.56, a Stop Loss order could be placed below this zone.
380.05
4 important support areas can be observed.
4 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for ALFA.ST is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALFA.ST is neutral. |
ChartMill Relative Strength | 28.51 | NEGATIVE | ALFA.ST has a low relative strength, it was outperformed by 71.49% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALFA.ST is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALFA.ST is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALFA.ST is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 51.93 | NEUTRAL | The RSI value for ALFA.ST is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.88 | NEGATIVE | The MACD value suggests ALFA.ST has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 26.82 | NEUTRAL | The Stochastics value for ALFA.ST is a neutral value. |
Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for ALFA.ST suggests low volalility. |
Average Directional Index/ADX (14) | 10.83 | NEGATIVE | The low ADX value for ALFA.ST suggests a weak or negative trend. |
STO:ALFA (8/14/2025, 5:24:36 PM)
420.4
+1.05 (+0.25%)