SCHIBSTED ASA-B SHS (SCHB.OL) Stock Technical Analysis
Europe • Euronext Oslo • OSL:SCHB • NO0010736879
Taking everything into account, SCHB scores 7 out of 10 in our technical rating. SCHB has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The long and short term trends are both positive. This is looking good!
- SCHB is one of the better performing stocks in the Media industry, it outperforms 71% of 68 stocks in the same industry.
- In the last month SCHB has a been trading in the 269.20 - 337.80 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, SCHB turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
- SCHB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SCHB is lagging the market.
Although SCHB has an excellent technical rating, it does not present a decent entry opportunity 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.
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264.33
When analyzing the support we can see 4 important areas.
- A support zone ranging from 296.60 to 304.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @280.52 from a trend line in the weekly time frame.
- Support @274.80 from a horizontal line in the daily time frame.
- Support @267.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 332.40 to 334.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @357.21 from a horizontal 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 | UP | POSITIVE | The long term trend for SCHB.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCHB.OL is up. |
| ChartMill Relative Strength | 51.74 | NEUTRAL | SCHB.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCHB.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SCHB.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SCHB.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.18 | NEUTRAL | The RSI value for SCHB.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.38 | POSITIVE | The MACD value suggests SCHB.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.39 | NEUTRAL | The Stochastics value for SCHB.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for SCHB.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.9 | NEUTRAL | The ADX value for SCHB.OL suggests a possible start of a new trend. |
OSL:SCHB (5/12/2025, 4:17:38 PM)
325.2
+3.4 (+1.06%)
SCHIBSTED ASA-B SHS / SCHB.OL FAQ
What is the ChartMill technical rating of SCHIBSTED ASA-B SHS (SCHB.OL) stock?
ChartMill assigns a technical rating of 7 / 10 to SCHB.OL.
What is the trend direction for SCHB stock?
The current trend direction for SCHIBSTED ASA-B SHS (SCHB.OL) is Bullish.
What is the RSI signal for SCHIBSTED ASA-B SHS (SCHB.OL) stock?
SCHIBSTED ASA-B SHS (SCHB.OL) has an RSI value of 64.1761. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SCHIBSTED ASA-B SHS?
The buy/sell signal for SCHIBSTED ASA-B SHS (SCHB.OL) is buy as both the short term and long term trends are positive.
What is the support and resistance level for SCHB stock?
SCHIBSTED ASA-B SHS (SCHB.OL) has a support level at 304.99 and a resistance level at 332.4. Check the full technical report for our detailed analysis of SCHB.OL support and resistance levels.