NORDNET AB PUBL (SAVE.ST) Stock Technical Analysis
STO:SAVE - Nasdaq Stockholm AB - SE0015192067 - Common Stock - Currency: SEK
Taking everything into account, SAVE scores 2 out of 10 in our technical rating. SAVE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month SAVE has a been trading in the 244.60 - 274.00 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, SAVE turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
SAVE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SAVE is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SAVE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for SAVE 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
217.60
275.74
We found 4 important support areas.
- Support @240.08 from a trend line in the weekly time frame.
- Support @232.66 from a trend line in the weekly time frame.
- Support @226.99 from a horizontal line in the weekly time frame.
- A support zone ranging from 219.80 to 222.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 249.04 to 254.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 267.60 to 273.01. 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 | NEUTRAL | NEUTRAL | The long term trend for SAVE.ST is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SAVE.ST is down. |
| ChartMill Relative Strength | 64.97 | NEUTRAL | SAVE.ST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SAVE.ST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SAVE.ST is below 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) | 41.02 | NEUTRAL | The RSI value for SAVE.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.12 | NEGATIVE | The MACD value suggests SAVE.ST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15 | OVERSOLD | The low Stochastics value suggests SAVE.ST may be oversold. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for SAVE.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 25.06 | POSITIVE | The high ADX value value for SAVE.ST suggests a strong trend. |
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)
STO:SAVE (6/18/2025, 5:30:00 PM)
247.8
+2 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.81%
1 Week-1.51%
2 Weeks-0.96%
1 Month-9.23%
3 Month3.34%
6 Month7.27%
12 Month10.92%
2 Year71.73%
3 Year84.58%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.85
ATR(20)%2.25%
ATR Inc-21.24%
Range Today3.4
ADR(20)5.27
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.97
Mansfield-0.08
10 Day High254.4
10 Day Low244.6
20 Day High274
20 Day Low244.6
52 Week High275.7
52 Week Low195.7
CS1 End240.08
CR1 Start249.04
Volume & EV
DER(3)5.09%
DER(5)4.72%
Volume76.25K
Volume Incr-37.19%
Vol(5)85.64K
Vol(50)138.58K