STO:SCAB - Nasdaq Stockholm AB - SE0000112724 - Common Stock - Currency: SEK
We assign a technical rating of 3 out of 10 to SCAB. 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.
SCAB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for SCAB in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
118.95
When analyzing the support we can see 2 important areas.
We can see 4 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for SCAB.ST is neutral. |
ChartMill Relative Strength | 26.29 | NEGATIVE | SCAB.ST has a low relative strength, it was outperformed by 73.71% 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) | UP | POSITIVE | The current price of SCAB.ST is above the rising 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) | 54.87 | NEUTRAL | The RSI value for SCAB.ST is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SCAB.ST has a positive trend. |
Stochastics (14,3) | 54.63 | NEUTRAL | The Stochastics value for SCAB.ST is a neutral value. |
Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for SCAB.ST suggests some volalility. |
Average Directional Index/ADX (14) | 15.78 | NEGATIVE | The low ADX value for SCAB.ST suggests a weak or negative trend. |
STO:SCAB (8/21/2025, 4:27:26 PM)
129.675
+1.13 (+0.88%)