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SAAB AB-B (SAABB.ST) Stock Technical Analysis

STO:SAABB - Nasdaq Stockholm AB - SE0021921269 - Common Stock - Currency: SEK

489.2  +0.05 (+0.01%)

Technical Rating and Analysis

9

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.

Both the short term and long term trends are positive. This is a very positive sign.
SAABB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SAABB is lagging the market slightly.
In the last month SAABB has a been trading in the 452.05 - 535.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that SAABB is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Weekly and Daily overview Charts
SAAB AB-B / SAABB Weekly stock chart
SAAB AB-B / SAABB Daily stock chart
Setup Rating and Analysis

8

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.

Support and Resistance Analysis

209.98

516.52

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 487.92 to 489.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 462.71 to 462.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 426.55 to 429.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @219.05 from a horizontal line in the daily time frame.
  • Support @212.10 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • Resistance @511.41 from a horizontal line in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for SAABB.ST is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for SAABB.ST is up.
ChartMill Relative Strength94.69POSITIVESAABB.ST has a high relative strength, it outperformed 94.69% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of SAABB.ST is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of SAABB.ST is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of SAABB.ST is above the rising SMA(200).
Relative Strength Index/RSI (14)51.46NEUTRALThe RSI value for SAABB.ST is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-2.42NEGATIVEThe MACD value suggests SAABB.ST has a negative trend.
Stochastics (14,3)34.06NEUTRALThe Stochastics value for SAABB.ST is a neutral value.
Average True Range in percent/ATR (20)4.27MEDIUM VOLATILITYThe ATR as a percentage value for SAABB.ST suggests some volalility.
Average Directional Index/ADX (14)14.37NEGATIVEThe low ADX value for SAABB.ST suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
511.42487.9123.51 (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.

  • 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.
SAAB AB-B / SAABB Daily stock chart

SAAB AB-B

STO:SAABB (7/11/2025, 5:30:48 PM)

489.2

+0.05 (+0.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.01%
1 Week-0.86%
2 Weeks-4.3%
1 Month9.34%
3 Month18.19%
6 Month112.74%
12 Month85.58%
2 Year-11.66%
3 Year33.7%
5 Year74.09%
10 YearN/A
15 YearN/A
Volatility
ATR(14)20.85
ATR(20)%4.27%
ATR Inc-33.17%
Range Today15.8
ADR(20)20.26
ADR(20)%4.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.69
Mansfield4.42
10 Day High530.8
10 Day Low473.88
20 Day High535
20 Day Low452.05
52 Week High535
52 Week Low203.75
CS1 End489.19
CR1 Start511.41
Volume & EV
DER(3)-0.28%
DER(5)-0.34%
Volume690.58K
Volume Incr-31.51%
Vol(5)714.54K
Vol(50)847.79K