LUNDBERGS AB-B SHS (LUNDB.ST) Stock Technical Analysis
Europe - STO:LUNDB - SE0000108847 - Common Stock
We assign a technical rating of 3 out of 10 to LUNDB. Recently some decent action could be observed, but in the medium term time frame this is still negative. LUNDB was also a bad performer in the overall market in the last year.
LUNDB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 484.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 482.86, a Stop Loss order could be placed below this zone.
More info and screens
460.15
We found 1 important support area.
- A support zone ranging from 464.80 to 484.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- Resistance @491.00 from a horizontal line in the daily time frame.
- Resistance @507.25 from a trend line in the weekly time frame.
- A resistance zone ranging from 520.80 to 522.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @550.01 from a horizontal line in the weekly time frame.
- Resistance @590.60 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 LUNDB.ST is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LUNDB.ST is up. |
| ChartMill Relative Strength | 23.58 | NEGATIVE | LUNDB.ST has a low relative strength, it was outperformed by 76.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LUNDB.ST is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LUNDB.ST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LUNDB.ST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.87 | NEUTRAL | The RSI value for LUNDB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests LUNDB.ST has a positive trend. |
| Stochastics (14,3) | 62.39 | NEUTRAL | The Stochastics value for LUNDB.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.36 | LOW VOLATILITY | The low ATR as a percentage value for LUNDB.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 11.53 | NEGATIVE | The low ADX value for LUNDB.ST suggests a weak or negative trend. |
STO:LUNDB (9/15/2025, 5:24:56 PM)
490.8
+7.4 (+1.53%)