HEMNET GROUP AB (HEM.ST) Stock Technical Analysis
STO:HEM - Nasdaq Stockholm AB - SE0015671995 - Common Stock - Currency: SEK
Overall HEM gets a technical rating of 1 out of 10. HEM'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
94% of all other stocks performed better in the past year than HEM.
HEM 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.
In the last month HEM has a been trading in the 256.60 - 290.60 range, which is quite wide. It is currently trading near the high of this range.
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
260.36
340.17
We found 3 important support areas.
- A support zone ranging from 289.49 to 289.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 280.14 to 283.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 262.99 to 268.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 336.60 to 336.80. This zone is formed by a combination of multiple trend lines in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for HEM.ST is neutral. |
| ChartMill Relative Strength | 6.49 | NEGATIVE | HEM.ST has a low relative strength, it was outperformed by 93.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HEM.ST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HEM.ST is above 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) | 54.12 | NEUTRAL | The RSI value for HEM.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.65 | POSITIVE | The MACD value suggests HEM.ST has a positive trend. |
| Stochastics (14,3) | 85.53 | OVERBOUGHT | The high Stochastics value suggests HEM.ST may be overbought. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for HEM.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 29.29 | POSITIVE | The high ADX value value for HEM.ST suggests a strong 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:HEM (7/18/2025, 5:24:57 PM)
301.6
+11.8 (+4.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.07%
1 Week2.04%
2 Weeks4.06%
1 Month10.11%
3 Month-20.8%
6 Month-20.91%
12 Month-27.11%
2 Year54.97%
3 Year87.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.58
ATR(20)%2.51%
ATR Inc3.14%
Range Today22.2
ADR(20)6.76
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.49
Mansfield-2.36
10 Day High290.6
10 Day Low274.3
20 Day High290.6
20 Day Low256.6
52 Week High430.2
52 Week Low256.6
CS1 End289.49
CR1 Start289.81
Volume & EV
DER(3)6.73%
DER(5)9.43%
Volume371.70K
Volume Incr-34.09%
Vol(5)103.14K
Vol(50)156.33K