NYSEARCA:SEB - NYSE Arca - US8115431079 - Common Stock - Currency: USD
Overall SEB gets a technical rating of 6 out of 10. In the last year, SEB was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, SEB does present a nice setup opportunity. Prices have been consolidating lately. 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 2760.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2644.12, a Stop Loss order could be placed below this zone.
2,367.07
We found 3 important support areas.
3 important resistance areas can be observed.
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 SEB is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SEB is up. |
ChartMill Relative Strength | 26.94 | NEGATIVE | SEB has a low relative strength, it was outperformed by 73.06% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SEB is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SEB is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SEB is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 58.85 | NEUTRAL | The RSI value for SEB is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 13.47 | POSITIVE | The MACD value suggests SEB has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 77.02 | NEUTRAL | The Stochastics value for SEB is a neutral value. |
Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for SEB suggests some volalility. |
Average Directional Index/ADX (14) | 33.8 | POSITIVE | The high ADX value value for SEB suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
2,788.01 | 2,639.99 | 148.02 (5.31%) | 18.84% |
An entry @2788.01. This is a Buy Stop order right above the resistance zone. | An exit @2639.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 148.02 points, which is 5.31%. | When investing 18.84% of your capital in this trade, your total portfolio risk will be 1.00%. |
2725.73
+20.59 (+0.76%)