ELEKTA AB-B SHS (EKTAB.ST) Stock Technical Analysis
Europe - STO:EKTAB - SE0000163628 - Common Stock
50.25 SEK
-0.73 (-1.42%)
Taking everything into account, EKTAB scores 6 out of 10 in our technical rating. In the last year, EKTAB was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, EKTAB is a bad performer in the overall market: 85% of all stocks are doing better.
EKTAB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month EKTAB has a been trading in the 44.00 - 51.65 range, which is quite wide. It is currently trading near the high of this range.
EKTAB has an average technical rating and also the quality of the setup is 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
43.90
57.79
We found 1 important support area.
- A support zone ranging from 44.34 to 45.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 50.73 to 51.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @52.70 from a horizontal line in the daily time frame.
- Resistance @57.22 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for EKTAB.ST is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EKTAB.ST is up. |
| ChartMill Relative Strength | 15.83 | NEGATIVE | EKTAB.ST has a low relative strength, it was outperformed by 84.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EKTAB.ST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EKTAB.ST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EKTAB.ST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.63 | NEUTRAL | The RSI value for EKTAB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests EKTAB.ST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.26 | OVERBOUGHT | The high Stochastics value suggests EKTAB.ST may be overbought. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for EKTAB.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 23.25 | NEUTRAL | The ADX value for EKTAB.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)
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 |
|---|---|---|---|
| 51.21 | 50.72 | 0.49 (0.96%) | 25.00% |
| An entry @51.21. This is a Buy Stop order right above the resistance zone. | An exit @50.72. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.49 points, which is 0.96%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.24%. |
- The distance between exit and entry is rather small compared to the average daily movement of EKTAB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
STO:EKTAB (9/24/2025, 10:20:02 AM)
50.25
-0.73 (-1.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.42%
1 Week2.9%
2 Weeks9.81%
1 Month3.99%
3 Month4.8%
6 Month-5.69%
12 Month-30.12%
2 Year-31.5%
3 Year-10.7%
5 Year-55.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.43
ATR(20)%3.27%
ATR Inc-36.55%
Range Today0.7
ADR(20)1.62
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.83
Mansfield-1.85
10 Day High51.65
10 Day Low45.58
20 Day High51.65
20 Day Low44
52 Week High73.6
52 Week Low44
CS1 End50.87
CR1 Start50.98
Volume & EV
DER(3)6.55%
DER(5)7.59%
Volume113.07K
Volume Incr-7.64%
Vol(5)693.95K
Vol(50)548.79K