Logo image of SAVE.ST

NORDNET AB PUBL (SAVE.ST) Stock Technical Analysis

STO:SAVE - Nasdaq Stockholm AB - SE0015192067 - Common Stock - Currency: SEK

264.4  +0.2 (+0.08%)

Technical Rating and Analysis

10

Overall SAVE gets a technical rating of 10 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.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SAVE did better than 79% of all other stocks. On top of that, SAVE also shows a nice and consistent pattern of rising prices.
SAVE is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month SAVE has a been trading in the 205.40 - 264.20 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
NORDNET AB PUBL / SAVE Weekly stock chart
NORDNET AB PUBL / SAVE Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, SAVE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 267.61. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

217.60

273.32

We found 5 important support areas.

  • A support zone ranging from 253.79 to 256.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 242.69 to 247.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @231.76 from a trend line in the weekly time frame.
  • A support zone ranging from 223.74 to 226.99. 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.

We found 1 important resistance area.

  • A resistance zone ranging from 267.61 to 270.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.56
Mansfield1.3
10 Day High264.2
10 Day Low247.8
20 Day High264.2
20 Day Low205.4
52 Week High272.7
52 Week Low195.7
Performance
1 Week3.36%
2 Weeks6.79%
1 Month13.49%
3 Month-0.08%
6 Month18.8%
12 Month32.56%
2 Year74.85%
3 Year70.34%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)1.87
RSI(14)63.93
LBB228.27
UBB272.39
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
270.62253.7816.84 (6.22%)16.07%
An entry @270.62. This is a Buy Stop order right above the resistance zone.An exit @253.78. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 16.84 points, which is 6.22%.When investing 16.07% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
NORDNET AB PUBL / SAVE Daily stock chart

NORDNET AB PUBL

STO:SAVE (5/5/2025, 11:43:16 AM)

264.4

+0.2 (+0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.08%
1 Week3.36%
2 Weeks6.79%
1 Month13.49%
3 Month-0.08%
6 Month18.8%
12 Month32.56%
2 Year74.85%
3 Year70.34%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.06
ATR(20)%4.21%
ATR Inc-29.23%
Range Today4.2
ADR(20)9.62
ADR(20)%3.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.56
Mansfield1.3
10 Day High264.2
10 Day Low247.8
20 Day High264.2
20 Day Low205.4
52 Week High272.7
52 Week Low195.7
CS1 End256.35
CR1 Start267.61
Volume & EV
DER(3)-1.12%
DER(5)-0.98%
Volume15.37K
Volume Incr-5.91%
Vol(5)133.42K
Vol(50)123.64K