STO:SAABB - Nasdaq Stockholm AB - SE0021921269 - Common Stock - Currency: SEK
We assign a technical rating of 9 out of 10 to SAABB. Both in the recent history as in the last year, SAABB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, SAABB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
209.98
When analyzing the support we can see 5 important areas.
We found 1 important resistance area.
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 SAABB.ST is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAABB.ST is up. |
ChartMill Relative Strength | 94.69 | POSITIVE | SAABB.ST has a high relative strength, it outperformed 94.69% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of SAABB.ST is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAABB.ST is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SAABB.ST is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 51.46 | NEUTRAL | The RSI value for SAABB.ST is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.42 | NEGATIVE | The MACD value suggests SAABB.ST has a negative trend. |
Stochastics (14,3) | 34.06 | NEUTRAL | The Stochastics value for SAABB.ST is a neutral value. |
Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for SAABB.ST suggests some volalility. |
Average Directional Index/ADX (14) | 14.37 | NEGATIVE | The low ADX value for SAABB.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 |
---|---|---|---|
511.42 | 487.91 | 23.51 (4.60%) | 21.75% |
An entry @511.42. This is a Buy Stop order right above the resistance zone. | An exit @487.91. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 23.51 points, which is 4.60%. | For a 1.00% total portfolio risk, you can invest 21.75% of your capital in this trade. |
STO:SAABB (7/11/2025, 5:30:48 PM)
489.2
+0.05 (+0.01%)