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 1 out of 10 to NIBEB. NIBEB'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.
85% of all other stocks performed better in the past year than NIBEB.
NIBEB 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.
NIBEB has an average volume of 2629510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NIBEB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NIBEB is lagging the market slightly.
Although the technical rating is bad, NIBEB does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for NIBEB 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
37.68
48.87
We found 1 important support area.
- Support @38.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 39.67 to 40.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.87 from a trend line in the weekly time frame.
- Resistance @44.39 from a horizontal line in the weekly time frame.
- Resistance @45.55 from a trend line 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 | DOWN | NEGATIVE | The long term trend for NIBEB.ST is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NIBEB.ST is neutral. |
| ChartMill Relative Strength | 15.54 | NEGATIVE | NIBEB.ST has a low relative strength, it was outperformed by 84.46% off all stocks 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 | MIXED | The current price of NIBEB.ST is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NIBEB.ST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.29 | NEUTRAL | The RSI value for NIBEB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests NIBEB.ST has a negative trend. |
| Stochastics (14,3) | 57.78 | NEUTRAL | The Stochastics value for NIBEB.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for NIBEB.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 13.49 | NEGATIVE | The low ADX value for NIBEB.ST suggests a weak or negative 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:NIBEB (6/18/2025, 5:24:59 PM)
38.88
-1.02 (-2.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.56%
1 Week-3.28%
2 Weeks1.22%
1 Month-5.63%
3 Month-10.17%
6 Month-7.8%
12 Month-20.88%
2 Year-62.03%
3 Year-49.37%
5 Year-81.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.23
ATR(20)%3.3%
ATR Inc14.69%
Range Today1.47
ADR(20)1.21
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.54
Mansfield-1.62
10 Day High40.92
10 Day Low38.33
20 Day High42.74
20 Day Low37.52
52 Week High57.9
52 Week Low30.07
CS1 End38.06
CR1 Start39.67
Volume & EV
DER(3)5.52%
DER(5)4.1%
Volume1.72M
Volume Incr-23.72%
Vol(5)2.03M
Vol(50)2.63M