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SVENSKA CELLULOSA AB SCA-B (SCAB.ST) Stock Technical Analysis

STO:SCAB - Nasdaq Stockholm AB - SE0000112724 - Common Stock - Currency: SEK

129.675  +1.13 (+0.88%)

Technical Rating and Analysis

3

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.

74% of all other stocks performed better in the past year than SCAB.
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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month SCAB has a been trading in the 121.90 - 132.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SVENSKA CELLULOSA AB SCA-B / SCAB Weekly stock chart
SVENSKA CELLULOSA AB SCA-B / SCAB Daily stock chart
Setup Rating and Analysis

8

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.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • 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.
Support and Resistance Analysis

118.95

152.16

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 125.04 to 128.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • 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.

We can see 4 important resistance areas.

  • A resistance zone ranging from 130.08 to 131.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @133.90 from a horizontal line in the daily time frame.
  • Resistance @141.75 from a trend line in the weekly time frame.
  • Resistance @150.65 from a horizontal line in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for SCAB.ST is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for SCAB.ST is neutral.
ChartMill Relative Strength26.29NEGATIVESCAB.ST has a low relative strength, it was outperformed by 73.71% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of SCAB.ST is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of SCAB.ST is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of SCAB.ST is below a declining SMA(200).
Relative Strength Index/RSI (14)54.87NEUTRALThe RSI value for SCAB.ST is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.04POSITIVEThe MACD value suggests SCAB.ST has a positive trend.
Stochastics (14,3)54.63NEUTRALThe Stochastics value for SCAB.ST is a neutral value.
Average True Range in percent/ATR (20)2.13MEDIUM VOLATILITYThe ATR as a percentage value for SCAB.ST suggests some volalility.
Average Directional Index/ADX (14)15.78NEGATIVEThe low ADX value for SCAB.ST suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
SVENSKA CELLULOSA AB SCA-B / SCAB Daily stock chart

SVENSKA CELLULOSA AB SCA-B

STO:SCAB (8/21/2025, 4:27:26 PM)

129.675

+1.13 (+0.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.88%
1 Week-0.5%
2 Weeks1.66%
1 Month3.67%
3 Month-1.53%
6 Month-14.36%
12 Month-6.85%
2 Year-12.16%
3 Year-19.83%
5 Year15.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.28
ATR(20)%2.13%
ATR Inc0.73%
Range Today1.85
ADR(20)2.47
ADR(20)%1.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.29
Mansfield-1.37
10 Day High132.15
10 Day Low125.08
20 Day High132.15
20 Day Low121.9
52 Week High155.1
52 Week Low117.65
CS1 End127.41
CR1 Start128.56
Volume & EV
DER(3)6.25%
DER(5)4.59%
Volume611.83K
Volume Incr-18.27%
Vol(5)504.68K
Vol(50)595.84K