SVENSKA CELLULOSA AB SCA-B (SCAB.ST) Stock Technical Analysis
STO:SCAB • SE0000112724
Overall SCAB gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SCAB was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, SCAB is a bad performer in the overall market: 83% of all stocks are doing better.
- SCAB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- SCAB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
SCAB has a bad technical rating, but it does show 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 a resistance zone just above the current price starting at 123.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 120.60, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
117.03
We found 1 important support area.
- A support zone ranging from 118.21 to 120.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 123.65 to 124.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 126.15 to 126.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 130.60 to 133.46. 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 SCAB.ST is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCAB.ST is up. |
| ChartMill Relative Strength | 17.77 | NEGATIVE | SCAB.ST has a low relative strength, it was outperformed by 82.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCAB.ST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SCAB.ST is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SCAB.ST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.94 | NEUTRAL | The RSI value for SCAB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests SCAB.ST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.8 | NEUTRAL | The Stochastics value for SCAB.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for SCAB.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 19.74 | NEGATIVE | The low ADX value for SCAB.ST suggests a weak or negative trend. |
STO:SCAB (2/20/2026, 5:29:45 PM)
121.1
+0.1 (+0.08%)
SVENSKA CELLULOSA AB SCA-B / SCAB.ST FAQ
What is the ChartMill technical rating of SVENSKA CELLULOSA AB SCA-B (SCAB.ST) stock?
ChartMill assigns a technical rating of 3 / 10 to SCAB.ST.
What is the current trend direction of SVENSKA CELLULOSA AB SCA-B (SCAB.ST) stock?
The current trend direction for SVENSKA CELLULOSA AB SCA-B (SCAB.ST) is Bearish.
Can you provide the RSI signal for SVENSKA CELLULOSA AB SCA-B?
SVENSKA CELLULOSA AB SCA-B (SCAB.ST) has an RSI value of 54.9379. This indicates that the stock is currently neutral.
What is the MACD signal for SCAB stock?
The MACD indicator for SVENSKA CELLULOSA AB SCA-B (SCAB.ST) has a value of 0.480287, indicating a bearish trend.
Can you provide the short term momentum for SVENSKA CELLULOSA AB SCA-B?
The short term momentum for SVENSKA CELLULOSA AB SCA-B (SCAB.ST) is positive.