SAAB AB-B (SAABB.ST) Stock Technical Analysis
STO:SAABB - Nasdaq Stockholm AB - SE0021921269 - Common Stock - Currency: SEK
Overall SAABB gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
SAABB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 527.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 505.91, a Stop Loss order could be placed below this zone.
More info and screens
209.98
We found 2 important support areas.
- A support zone ranging from 495.39 to 505.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @212.10 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 527.08 to 529.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 559.21 to 559.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for SAABB.ST is neutral. |
| ChartMill Relative Strength | 96.76 | POSITIVE | SAABB.ST has a high relative strength, it outperformed 96.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SAABB.ST is below a declining 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) | 49.52 | NEUTRAL | The RSI value for SAABB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.75 | NEGATIVE | The MACD value suggests SAABB.ST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.7 | NEUTRAL | The Stochastics value for SAABB.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for SAABB.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 16.66 | 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 |
|---|---|---|---|
| 529.41 | 495.38 | 34.03 (6.43%) | 15.56% |
| An entry @529.41. This is a Buy Stop order right above the resistance zone. | An exit @495.38. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 34.03 points, which is 6.43%. | When investing 15.56% 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:SAABB (8/21/2025, 5:30:45 PM)
509
+10.55 (+2.12%)