BOLIDEN AB (BOL.ST) Stock Technical Analysis
STO:BOL - Nasdaq Stockholm AB - SE0020050417 - Common Stock - Currency: SEK
Taking everything into account, BOL scores 4 out of 10 in our technical rating. BOL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is only medium, BOL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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 321.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 317.39, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
275.41
When analyzing the support we can see 4 important areas.
- A support zone ranging from 310.43 to 317.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 304.90 to 304.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 297.40 to 299.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 278.19 to 283.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 321.39 to 323.01. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for BOL.ST is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BOL.ST is neutral. |
| ChartMill Relative Strength | 41.48 | NEUTRAL | BOL.ST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BOL.ST is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BOL.ST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BOL.ST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.42 | NEUTRAL | The RSI value for BOL.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests BOL.ST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.08 | NEUTRAL | The Stochastics value for BOL.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for BOL.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 12.82 | NEGATIVE | The low ADX value for BOL.ST suggests a weak or negative trend. |
STO:BOL (8/21/2025, 4:08:09 PM)
318.7
+0.2 (+0.06%)