NIBE INDUSTRIER AB-B SHS (NIBEB.ST) Stock Technical Analysis
STO:NIBEB - Nasdaq Stockholm AB - SE0015988019 - Common Stock - Currency: SEK
We assign a technical rating of 6 out of 10 to NIBEB. Although NIBEB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
NIBEB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 45.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.94, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NIBEB in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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38.24
When analyzing the support we can see 2 important areas.
- A support zone ranging from 42.88 to 43.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.63 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 44.65 to 45.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 47.12 to 47.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @48.39 from a horizontal line 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 | UP | POSITIVE | The long term trend for NIBEB.ST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NIBEB.ST is up. |
| ChartMill Relative Strength | 35.69 | NEUTRAL | NIBEB.ST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NIBEB.ST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NIBEB.ST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NIBEB.ST is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.52 | NEUTRAL | The RSI value for NIBEB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests NIBEB.ST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.38 | NEUTRAL | The Stochastics value for NIBEB.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for NIBEB.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 19.12 | NEGATIVE | The low ADX value for NIBEB.ST suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 45.60 | 43.41 | 2.19 (4.80%) | 20.82% |
| An entry @45.60. This is a Buy Stop order right above the resistance zone. | An exit @43.41. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.19 points, which is 4.80%. | When investing 20.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
STO:NIBEB (8/21/2025, 11:46:42 AM)
44.28
-0.6 (-1.34%)