NORDNET AB PUBL (SAVE.ST) Stock Technical Analysis
STO:SAVE - SE0015192067 - Common Stock
Overall SAVE gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SAVE is showing a nice and steady performance.
Besides having an excellent technical rating, SAVE also presents a decent setup pattern. Prices have been consolidating lately. 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 282.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 272.32, a Stop Loss order could be placed below this zone.
More info and screens
220.37
4 important support areas can be observed.
- A support zone ranging from 268.02 to 272.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @253.16 from a trend line in the weekly time frame.
- A support zone ranging from 245.79 to 247.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @222.60 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 282.21 to 284.01. 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 SAVE.ST is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SAVE.ST is neutral. |
| ChartMill Relative Strength | 71.99 | POSITIVE | SAVE.ST has a high relative strength, it outperformed 71.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SAVE.ST is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAVE.ST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SAVE.ST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.24 | NEUTRAL | The RSI value for SAVE.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.28 | NEGATIVE | The MACD value suggests SAVE.ST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.62 | NEUTRAL | The Stochastics value for SAVE.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for SAVE.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 22.32 | NEUTRAL | The ADX value for SAVE.ST suggests a possible start of a new 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 |
|---|---|---|---|
| 276.80 | 268.01 | 8.79 (3.18%) | 25.00% |
| An entry @276.80. This is a Buy Stop order right above the 10 day moving average. | An exit @268.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 8.79 points, which is 3.18%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.79%. |
- 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:SAVE (9/5/2025, 12:38:28 PM)
274.2
+0.8 (+0.29%)