
Europe - STO:ASSAB - SE0007100581 - Common Stock
Overall ASSAB gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ASSAB is only an average performer.
Although ASSAB has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
315.40
We found 1 important support area.
We found 1 important resistance area.
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 ASSAB.ST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASSAB.ST is up. |
| ChartMill Relative Strength | 52.66 | NEUTRAL | ASSAB.ST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASSAB.ST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASSAB.ST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASSAB.ST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.13 | NEUTRAL | The RSI value for ASSAB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.19 | POSITIVE | The MACD value suggests ASSAB.ST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.54 | OVERBOUGHT | The high Stochastics value suggests ASSAB.ST may be overbought. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for ASSAB.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 29.37 | POSITIVE | The high ADX value value for ASSAB.ST suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 362.72 | 341.59 | 21.13 (5.83%) | 17.17% |
| An entry @362.72. This is a Buy Stop order right above the resistance zone. | An exit @341.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 21.13 points, which is 5.83%. | For a 1.00% total portfolio risk, you can invest 17.17% of your capital in this trade. |
STO:ASSAB (10/31/2025, 1:00:45 PM)
358.7
-2.2 (-0.61%)
ChartMill assigns a technical rating of 8 / 10 to ASSAB.ST.
The current trend direction for ASSA ABLOY AB-B (ASSAB.ST) is Bullish.
ASSA ABLOY AB-B (ASSAB.ST) has an RSI value of 67.13. This indicates that the stock is currently neutral.
The MACD indicator for ASSA ABLOY AB-B (ASSAB.ST) has a value of 1.19129, indicating a bullish trend.
The short term momentum for ASSA ABLOY AB-B (ASSAB.ST) is positive.