ELEKTA AB-B SHS (EKTAB.ST) Stock Technical Analysis
Europe - Nasdaq Stockholm AB - STO:EKTAB - SE0000163628 - Common Stock
Overall EKTAB gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EKTAB is only an average performer.
Although EKTAB has an excellent technical rating, it does not offer a high quality setup 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.
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46.97
4 important support areas can be observed.
- A support zone ranging from 56.42 to 57.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @55.44 from a horizontal line in the weekly time frame.
- A support zone ranging from 53.66 to 54.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @47.44 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 59.91 to 59.91. 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 | UP | POSITIVE | The long term trend for EKTAB.ST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EKTAB.ST is up. |
| ChartMill Relative Strength | 53.99 | NEUTRAL | EKTAB.ST is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of EKTAB.ST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.41 | OVERBOUGHT | The high RSI value suggests EKTAB.ST may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests EKTAB.ST has a positive trend. |
| Stochastics (14,3) | 91.39 | OVERBOUGHT | The high Stochastics value suggests EKTAB.ST may be overbought. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for EKTAB.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 40.1 | POSITIVE | The high ADX value value for EKTAB.ST suggests a strong trend. |
STO:EKTAB (1/9/2026, 5:24:46 PM)
59.9
+1.2 (+2.04%)
ELEKTA AB-B SHS / EKTAB.ST FAQ
Can you provide the ChartMill technical rating for ELEKTA AB-B SHS?
ChartMill assigns a technical rating of 8 / 10 to EKTAB.ST.
Can you provide the trend direction for ELEKTA AB-B SHS?
The current trend direction for ELEKTA AB-B SHS (EKTAB.ST) is Bullish.
What is the RSI signal for EKTAB stock?
ELEKTA AB-B SHS (EKTAB.ST) has an RSI value of 74.4134. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ELEKTA AB-B SHS?
The MACD indicator for ELEKTA AB-B SHS (EKTAB.ST) has a value of 0.0271416, indicating a bearish trend.
What is the buy/sell signal for EKTAB stock?
The buy/sell signal for ELEKTA AB-B SHS (EKTAB.ST) is buy as both the short term and long term trends are positive.