AVANZA BANK HOLDING AB (AZA.ST) Stock Technical Analysis
STO:AZA - Nasdaq Stockholm AB - SE0012454072 - Common Stock - Currency: SEK
We assign a technical rating of 2 out of 10 to AZA. AZA has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month AZA has a been trading in the 308.40 - 350.05 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, AZA outperforms 67% of them, which is more or less in line with the market.
AZA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AZA is lagging the market slightly.
AZA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 312.19, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AZA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
222.32
334.34
6 important support areas can be observed.
- A support zone ranging from 307.80 to 312.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @295.36 from a trend line in the daily time frame.
- Support @287.89 from a horizontal line in the weekly time frame.
- A support zone ranging from 269.59 to 271.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @234.92 from a trend line in the weekly time frame.
- Support @224.57 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 316.45 to 331.03. This zone is formed by a combination of multiple trend lines and important moving averages 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 AZA.ST is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AZA.ST is down. |
| ChartMill Relative Strength | 67.31 | NEUTRAL | AZA.ST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AZA.ST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AZA.ST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AZA.ST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.19 | NEUTRAL | The RSI value for AZA.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.45 | NEGATIVE | The MACD value suggests AZA.ST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.74 | OVERSOLD | The low Stochastics value suggests AZA.ST may be oversold. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for AZA.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 20.56 | NEUTRAL | The ADX value for AZA.ST suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
STO:AZA (6/19/2025, 5:24:55 PM)
313.45
-0.55 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.18%
1 Week-1.37%
2 Weeks-3.97%
1 Month-10.34%
3 Month-1.68%
6 Month17.18%
12 Month17.11%
2 Year42.8%
3 Year82.61%
5 Year136.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.56
ATR(20)%2.5%
ATR Inc-44.83%
Range Today4.6
ADR(20)7.61
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.31
Mansfield0.8
10 Day High328.4
10 Day Low308.4
20 Day High350.05
20 Day Low308.4
52 Week High362.6
52 Week Low214.5
CS1 End312.19
CR1 Start316.45
Volume & EV
DER(3)-0.38%
DER(5)5.12%
Volume55.08K
Volume Incr-21.9%
Vol(5)83.41K
Vol(50)124.82K