ELECTROLUX AB-B (ELUXB.ST) Stock Technical Analysis
STO:ELUXB - Nasdaq Stockholm AB - SE0016589188 - Common Stock - Currency: SEK
We assign a technical rating of 0 out of 10 to ELUXB. ELUXB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ELUXB is a bad performer in the overall market: 90% of all stocks are doing better.
ELUXB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ELUXB is lagging the market.
In the last month ELUXB has a been trading in the 58.30 - 75.38 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
ELUXB has an average volume of 1029360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, ELUXB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 58.76, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ELUXB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
57.85
109.28
We found 1 important support area.
- A support zone ranging from 58.43 to 58.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
7 important resistance areas can be observed.
- Resistance @59.16 from a horizontal line in the daily time frame.
- A resistance zone ranging from 60.28 to 60.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 63.15 to 63.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 65.37 to 66.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 68.31 to 68.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @73.58 from a horizontal line in the daily time frame.
- Resistance @108.20 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for ELUXB.ST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELUXB.ST is down. |
| ChartMill Relative Strength | 10.66 | NEGATIVE | ELUXB.ST has a low relative strength, it was outperformed by 89.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELUXB.ST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELUXB.ST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELUXB.ST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.49 | NEUTRAL | The RSI value for ELUXB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.88 | NEGATIVE | The MACD value suggests ELUXB.ST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.59 | OVERSOLD | The low Stochastics value suggests ELUXB.ST may be oversold. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for ELUXB.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 21.69 | NEUTRAL | The ADX value for ELUXB.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)
STO:ELUXB (8/1/2025, 5:24:59 PM)
58.77
-1.05 (-1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.76%
1 Week-6.92%
2 Weeks-4.72%
1 Month-18.45%
3 Month-1.98%
6 Month-41.81%
12 Month-34.06%
2 Year-51.27%
3 Year-56.65%
5 Year-68.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.94
ATR(20)%4.38%
ATR Inc-59.12%
Range Today1.52
ADR(20)2.16
ADR(20)%3.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.66
Mansfield-3.47
10 Day High65.72
10 Day Low58.3
20 Day High75.38
20 Day Low58.3
52 Week High111.55
52 Week Low57.96
CS1 End58.76
CR1 Start59.16
Volume & EV
DER(3)6.89%
DER(5)6.09%
Volume526.68K
Volume Incr-37.48%
Vol(5)672.86K
Vol(50)1.03M