SVENSKA HANDELSBANKEN-A SHS (SHBA.ST) Stock Technical Analysis
Europe - STO:SHBA - SE0007100599 - Common Stock
Taking everything into account, SHBA scores 6 out of 10 in our technical rating. SHBA has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although the technical rating is only medium, SHBA does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 124.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 124.04, a Stop Loss order could be placed below this zone.
More info and screens
100.83
We found 5 important support areas.
- A support zone ranging from 122.27 to 125.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @119.25 from a horizontal line in the daily time frame.
- Support @116.20 from a horizontal line in the weekly time frame.
- Support @108.02 from a trend line in the weekly time frame.
- Support @101.85 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 126.95 to 129.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SHBA.ST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHBA.ST is up. |
| ChartMill Relative Strength | 51.46 | NEUTRAL | SHBA.ST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHBA.ST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHBA.ST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHBA.ST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.96 | NEUTRAL | The RSI value for SHBA.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SHBA.ST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.39 | NEUTRAL | The Stochastics value for SHBA.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for SHBA.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 10.88 | NEGATIVE | The low ADX value for SHBA.ST suggests a weak or negative 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 |
|---|---|---|---|
| 129.76 | 120.62 | 9.14 (7.05%) | 14.19% |
| An entry @129.76. This is a Buy Stop order right above the resistance zone. | An exit @120.61. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 9.14 points, which is 7.05%. | When investing 14.19% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
STO:SHBA (11/6/2025, 5:29:45 PM)
126.3
+1.55 (+1.24%)
SVENSKA HANDELSBANKEN-A SHS / SHBA.ST FAQ
What is the technical rating for SHBA stock?
ChartMill assigns a technical rating of 6 / 10 to SHBA.ST.
Can you provide the trend direction for SVENSKA HANDELSBANKEN-A SHS?
The current trend direction for SVENSKA HANDELSBANKEN-A SHS (SHBA.ST) is Bullish.
What is the RSI signal for SHBA stock?
SVENSKA HANDELSBANKEN-A SHS (SHBA.ST) has an RSI value of 55.9589. This indicates that the stock is currently neutral.
What is the MACD signal for SHBA stock?
The MACD indicator for SVENSKA HANDELSBANKEN-A SHS (SHBA.ST) has a value of 0.0697189, indicating a bearish trend.
What is the short term momentum for SVENSKA HANDELSBANKEN-A SHS (SHBA.ST) stock?
The short term momentum for SVENSKA HANDELSBANKEN-A SHS (SHBA.ST) is positive.