HEMNET GROUP AB (HEM.ST) Stock Technical Analysis
Europe - Nasdaq Stockholm AB - STO:HEM - SE0015671995 - Common Stock
Overall HEM gets a technical rating of 1 out of 10. HEM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of HEM is bad and it also does not present a 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.
More info and screens
157.10
We found 2 important support areas.
- Support @163.28 from a trend line in the daily time frame.
- A support zone ranging from 158.69 to 159.89. 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 168.42 to 171.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 182.42 to 185.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @376.00 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 HEM.ST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HEM.ST is down. |
| ChartMill Relative Strength | 3.63 | NEGATIVE | HEM.ST has a low relative strength, it was outperformed by 96.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HEM.ST is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HEM.ST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HEM.ST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.23 | NEUTRAL | The RSI value for HEM.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests HEM.ST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.86 | NEUTRAL | The Stochastics value for HEM.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for HEM.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 26.07 | POSITIVE | The high ADX value value for HEM.ST suggests a strong trend. |
STO:HEM (1/9/2026, 5:30:00 PM)
164.5
+3.9 (+2.43%)
HEMNET GROUP AB / HEM.ST FAQ
What is the ChartMill technical rating of HEMNET GROUP AB (HEM.ST) stock?
ChartMill assigns a technical rating of 1 / 10 to HEM.ST.
What is the current trend direction of HEMNET GROUP AB (HEM.ST) stock?
The current trend direction for HEMNET GROUP AB (HEM.ST) is Bearish.
What is the RSI signal for HEMNET GROUP AB (HEM.ST) stock?
HEMNET GROUP AB (HEM.ST) has an RSI value of 42.2261. This indicates that the stock is currently neutral.
Can you provide the short term momentum for HEMNET GROUP AB?
The short term momentum for HEMNET GROUP AB (HEM.ST) is negative.
What is the buy/sell signal for HEMNET GROUP AB (HEM.ST) stock?
The buy/sell signal for HEMNET GROUP AB (HEM.ST) is sell as both the short term and long term trends are negative.