SCANDIC HOTELS GROUP AB (SHOT.ST)
SE0007640156 - Common Stock
Taking everything into account, SHOT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SHOT is showing a nice and steady performance.
In the last month SHOT has a been trading in the 55.70 - 63.18 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that SHOT is one of the better performing stocks in the market, outperforming 93% of all stocks.
SHOT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SHOT is performing more or less in line with the market.
Besides having an excellent technical rating, SHOT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
33.64
58.36
6 important support areas can be observed.
- Support @56.44 from a horizontal line in the daily time frame.
- A support zone ranging from 54.38 to 55.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.66 from a trend line in the daily time frame.
- Support @37.82 from a trend line in the weekly time frame.
- Support @36.05 from a trend line in the weekly time frame.
- Support @33.98 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 57.54 to 57.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.17
Mansfield2.12
10 Day High59.95
10 Day Low55.7
20 Day High63.18
20 Day Low55.7
52 Week High63.18
52 Week Low32.46
Performance
1 Week-1.88%
2 Weeks-2.95%
1 Month0.91%
3 Month26.73%
6 Month64.66%
12 Month59.07%
2 Year50.38%
3 Year49.93%
5 Year-35.63%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.5
RSI(14)50.59
LBB55.18
UBB62.34
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 |
|---|---|---|---|
| 57.79 | 57.53 | 0.26 (0.45%) | 25.00% |
| An entry @57.79. This is a Buy Stop order right above the resistance zone. | An exit @57.53. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.26 points, which is 0.45%. | For a 0.11% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SHOT. Please evaluate whether better entry and exit points can be found.
- 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.
SCANDIC HOTELS GROUP AB
STO:SHOT (4/19/2024, 12:51:48 PM)
56.8
-0.75 (-1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.3%
1 Week-1.88%
2 Weeks-2.95%
1 Month0.91%
3 Month26.73%
6 Month64.66%
12 Month59.07%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.97
ATR(20)%3.03%
ATR Inc
Range Today0.9
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High59.95
10 Day Low55.7
20 Day High63.18
20 Day Low55.7
52 Week High63.18
52 Week Low32.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume102.66K
Volume Incr-11.08%
Vol(5)255.22K
Vol(50)286.89K