SVENSKA CELLULOSA AB SCA-B (SCAB.ST) Stock Technical Analysis
Europe - STO:SCAB - SE0000112724 - Common Stock
123.2 SEK
-0.95 (-0.77%)
Taking everything into account, SCAB scores 0 out of 10 in our technical rating. SCAB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SCAB is a bad performer in the overall market: 79% 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.
In the last month SCAB has a been trading in the 123.17 - 134.00 range, which is quite wide. It is currently trading near the lows of this range.
SCAB has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
118.95
142.01
When analyzing the support we notice one important area.
- A support zone ranging from 120.15 to 121.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 126.01 to 127.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 131.12 to 133.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @140.60 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for SCAB.ST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SCAB.ST is down. |
| ChartMill Relative Strength | 21.07 | NEGATIVE | SCAB.ST has a low relative strength, it was outperformed by 78.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SCAB.ST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SCAB.ST is below 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) | 37.46 | NEUTRAL | The RSI value for SCAB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests SCAB.ST has a negative trend. |
| Stochastics (14,3) | 5.2 | OVERSOLD | The low Stochastics value suggests SCAB.ST may be oversold. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for SCAB.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 15.77 | NEGATIVE | The low ADX value for SCAB.ST suggests a weak or negative 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:SCAB (9/12/2025, 5:30:45 PM)
123.2
-0.95 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.77%
1 Week-2.97%
2 Weeks-4.27%
1 Month-3.26%
3 Month-0.08%
6 Month-14.33%
12 Month-14.33%
2 Year-17.84%
3 Year-13.24%
5 Year-0.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.26
ATR(20)%1.88%
ATR Inc-24.92%
Range Today1.53
ADR(20)2.29
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.07
Mansfield-1.85
10 Day High129.65
10 Day Low123.18
20 Day High134
20 Day Low123.18
52 Week High155.1
52 Week Low117.65
CS1 End121.3
CR1 Start126.01
Volume & EV
DER(3)0.25%
DER(5)-1.09%
Volume382.45K
Volume Incr5.29%
Vol(5)489.10K
Vol(50)523.43K