LUNDBERGS AB-B SHS (LUNDB.ST) Stock Technical Analysis
STO:LUNDB - Nasdaq Stockholm AB - SE0000108847 - Common Stock - Currency: SEK
Overall LUNDB gets a technical rating of 0 out of 10. LUNDB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
76% of all other stocks performed better in the past year than LUNDB.
LUNDB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LUNDB is lagging the market.
LUNDB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The technical rating of LUNDB 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
461.53
596.51
When analyzing the support we notice one important area.
- A support zone ranging from 466.19 to 468.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- Resistance @469.63 from a trend line in the weekly time frame.
- A resistance zone ranging from 487.00 to 492.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @509.25 from a trend line in the daily time frame.
- A resistance zone ranging from 520.00 to 531.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @544.25 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for LUNDB.ST is down. |
| ChartMill Relative Strength | 24.01 | NEGATIVE | LUNDB.ST has a low relative strength, it was outperformed by 75.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LUNDB.ST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LUNDB.ST is below a declining 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) | 34.05 | NEUTRAL | The RSI value for LUNDB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.37 | NEGATIVE | The MACD value suggests LUNDB.ST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.86 | OVERSOLD | The low Stochastics value suggests LUNDB.ST may be oversold. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for LUNDB.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 31.85 | POSITIVE | The high ADX value value for LUNDB.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:LUNDB (6/19/2025, 5:30:45 PM)
469
+0.6 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.13%
1 Week-1.84%
2 Weeks-4.91%
1 Month-9.72%
3 Month-8.31%
6 Month-5.97%
12 Month-10.67%
2 Year1.93%
3 Year12.69%
5 Year10.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.1
ATR(20)%1.86%
ATR Inc-46.2%
Range Today5
ADR(20)7.73
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.01
Mansfield-1.43
10 Day High497.8
10 Day Low464.8
20 Day High518.5
20 Day Low464.8
52 Week High586.5
52 Week Low439.4
CS1 End468.63
CR1 Start469.63
Volume & EV
DER(3)-1.43%
DER(5)2.1%
Volume37.27K
Volume Incr34.07%
Vol(5)60.67K
Vol(50)46.09K