INVESTMENT AB LATOUR-B SHS (LATOB.ST) Stock Technical Analysis
STO:LATOB - Nasdaq Stockholm AB - SE0010100958 - Common Stock - Currency: SEK
Overall LATOB gets a technical rating of 0 out of 10. LATOB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, LATOB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 270.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 254.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LATOB 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
248.08
When analyzing the support we notice one important area.
- A support zone ranging from 250.59 to 254.00. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 270.31 to 276.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 298.81 to 301.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @306.60 from a horizontal line in the daily time frame.
- Resistance @315.10 from a horizontal line in the daily time frame.
STO:LATOB (5/6/2025, 4:01:33 PM)
262
-2.5 (-0.95%)