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 3 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 - 357.90 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, AZA turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
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 poor technical rating and the quality of the setup is also only medium 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.
More info and screens
222.32
336.81
5 important support areas can be observed.
- Support @294.21 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 319.32 to 322.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 331.66 to 333.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | 66.16 | 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) | UP | MIXED | The current price of AZA.ST is below the rising 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) | 38.56 | NEUTRAL | The RSI value for AZA.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.35 | NEGATIVE | The MACD value suggests AZA.ST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.52 | OVERSOLD | The low Stochastics value suggests AZA.ST may be oversold. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for AZA.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 18.85 | NEGATIVE | The low ADX value for AZA.ST suggests a weak or negative 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 (6/18/2025, 5:24:55 PM)
314
+1 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.32%
1 Week-2.07%
2 Weeks-9.46%
1 Month-11.95%
3 Month-1.82%
6 Month17.01%
12 Month16.94%
2 Year42.6%
3 Year82.35%
5 Year136.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.7
ATR(20)%2.63%
ATR Inc-42.22%
Range Today3.9
ADR(20)7.98
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.16
Mansfield0.78
10 Day High346.6
10 Day Low308.4
20 Day High357.9
20 Day Low308.4
52 Week High362.6
52 Week Low214.5
CS1 End294.21
CR1 Start319.32
Volume & EV
DER(3)9.01%
DER(5)8.65%
Volume48.79K
Volume Incr2.28%
Vol(5)105.66K
Vol(50)127.95K