STO:BALDB - Nasdaq Stockholm AB - SE0017832488 - Common Stock - Currency: SEK
We assign a technical rating of 2 out of 10 to BALDB. Recently some decent action could be observed, but in the medium term time frame this is still negative. BALDB was also a bad performer in the overall market in the last year.
Although the technical rating is bad, BALDB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 69.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 68.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BALDB in the last couple of days, which is a good sign.
62.19
We found 3 important support areas.
When analyzing the resistance we notice 5 important areas.
STO:BALDB (5/5/2025, 5:24:58 PM)
68.91
-0.21 (-0.3%)