NORDNET AB PUBL (SAVE.ST) Stock Technical Analysis
STO:SAVE - Nasdaq Stockholm AB - SE0015192067 - Common Stock - Currency: SEK
Overall SAVE gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SAVE 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.
Looking at the yearly performance, SAVE did better than 70% of all other stocks. We also observe that the gains produced by SAVE over the past year are nicely spread over this period.
SAVE 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 SAVE is lagging the market slightly.
In the last month SAVE has a been trading in the 245.80 - 279.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SAVE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
217.60
282.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 257.37 to 264.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 244.83 to 247.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @219.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 279.81 to 279.81. 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 | UP | POSITIVE | The short term trend for SAVE.ST is up. |
| ChartMill Relative Strength | 70.12 | POSITIVE | SAVE.ST has a high relative strength, it outperformed 70.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAVE.ST is above 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) | 71.79 | OVERBOUGHT | The high RSI value suggests SAVE.ST may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.76 | POSITIVE | The MACD value suggests SAVE.ST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.13 | OVERBOUGHT | The high Stochastics value suggests SAVE.ST may be overbought. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for SAVE.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 23.74 | NEUTRAL | The ADX value for SAVE.ST suggests a possible start of a new 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 (7/18/2025, 5:24:50 PM)
266.6
-13.2 (-4.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.72%
1 Week1.82%
2 Weeks6.23%
1 Month12.91%
3 Month10.55%
6 Month10.24%
12 Month21.65%
2 Year79.01%
3 Year105.81%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.49
ATR(20)%1.98%
ATR Inc-27.64%
Range Today15.6
ADR(20)5.32
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.12
Mansfield0.63
10 Day High279.8
10 Day Low260.2
20 Day High279.8
20 Day Low245.8
52 Week High279.8
52 Week Low195.7
CS1 End264.15
CR1 Start279.81
Volume & EV
DER(3)-1.08%
DER(5)0.48%
Volume333.05K
Volume Incr-25.4%
Vol(5)80.31K
Vol(50)118.99K