SAAB AB-B (SAABB.ST) Stock Technical Analysis
Europe - Nasdaq Stockholm AB - STO:SAABB - SE0021921269 - Common Stock
We assign a technical rating of 10 out of 10 to SAABB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SAABB is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, SAABB did better than 97% of all other stocks. We also observe that the gains produced by SAABB over the past year are nicely spread over this period.
- SAABB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- SAABB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
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. We notice that large players showed an interest for SAABB 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
454.23
5 important support areas can be observed.
- Support @691.49 from a horizontal line in the daily time frame.
- A support zone ranging from 530.00 to 531.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @511.40 from a horizontal line in the daily time frame.
- Support @496.15 from a trend line in the weekly time frame.
- A support zone ranging from 458.82 to 461.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 710.25 to 729.81. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for SAABB.ST is up. |
| ChartMill Relative Strength | 97.91 | POSITIVE | SAABB.ST has a high relative strength, it outperformed 97.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAABB.ST is above 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) | 68.69 | NEUTRAL | The RSI value for SAABB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.1 | NEGATIVE | The MACD value suggests SAABB.ST has a negative trend. |
| Stochastics (14,3) | 74.62 | NEUTRAL | The Stochastics value for SAABB.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for SAABB.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 46.55 | POSITIVE | The high ADX value value for SAABB.ST suggests a strong 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 |
|---|---|---|---|
| 729.82 | 691.48 | 38.34 (5.25%) | 19.04% |
| An entry @729.82. This is a Buy Stop order right above the resistance zone. | An exit @691.48. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 38.34 points, which is 5.25%. | For a 1.00% total portfolio risk, you can invest 19.04% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SAABB. Please evaluate whether better entry and exit points can be found.
- 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 (1/28/2026, 5:30:45 PM)
706.3
-8.7 (-1.22%)
SAAB AB-B / SAABB.ST FAQ
Can you provide the ChartMill technical rating for SAAB AB-B?
ChartMill assigns a technical rating of 10 / 10 to SAABB.ST.
Can you provide the trend direction for SAAB AB-B?
The current trend direction for SAAB AB-B (SAABB.ST) is Bullish.
What is the RSI signal for SAAB AB-B (SAABB.ST) stock?
SAAB AB-B (SAABB.ST) has an RSI value of 68.6904. This indicates that the stock is currently neutral.
What is the MACD signal for SAABB stock?
The MACD indicator for SAAB AB-B (SAABB.ST) has a value of -1.10204, indicating a bearish trend.
Can you provide the short term momentum for SAAB AB-B?
The short term momentum for SAAB AB-B (SAABB.ST) is positive.