SKANSKA AB-B SHS (SKAB.ST) Stock Technical Analysis
Europe - Nasdaq Stockholm AB - STO:SKAB - SE0000113250 - Common Stock
Overall SKAB gets a technical rating of 8 out of 10. Although SKAB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- SKAB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SKAB is lagging the market slightly.
- When comparing the performance of all stocks over the past year, SKAB turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- In the last month SKAB has a been trading in the 250.10 - 278.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SKAB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
208.76
6 important support areas can be observed.
- A support zone ranging from 252.86 to 254.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @246.18 from a trend line in the daily time frame.
- A support zone ranging from 238.99 to 239.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @233.90 from a horizontal line in the daily time frame.
- Support @226.60 from a horizontal line in the daily time frame.
- Support @210.87 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 269.64 to 270.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 277.41 to 277.41. 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 SKAB.ST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKAB.ST is up. |
| ChartMill Relative Strength | 53.3 | NEUTRAL | SKAB.ST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKAB.ST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKAB.ST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SKAB.ST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.98 | NEUTRAL | The RSI value for SKAB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.71 | NEGATIVE | The MACD value suggests SKAB.ST has a negative trend. |
| Stochastics (14,3) | 50.91 | NEUTRAL | The Stochastics value for SKAB.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for SKAB.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 27.6 | POSITIVE | The high ADX value value for SKAB.ST suggests a strong trend. |
STO:SKAB (1/27/2026, 5:30:45 PM)
268.9
+0.8 (+0.3%)
SKANSKA AB-B SHS / SKAB.ST FAQ
What is the technical rating for SKAB stock?
ChartMill assigns a technical rating of 8 / 10 to SKAB.ST.
Can you provide the trend direction for SKANSKA AB-B SHS?
The current trend direction for SKANSKA AB-B SHS (SKAB.ST) is Bullish.
Can you provide the RSI signal for SKANSKA AB-B SHS?
SKANSKA AB-B SHS (SKAB.ST) has an RSI value of 56.9815. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SKANSKA AB-B SHS?
The MACD indicator for SKANSKA AB-B SHS (SKAB.ST) has a value of -0.708005, indicating a bearish trend.
What is the buy/sell signal for SKAB stock?
The buy/sell signal for SKANSKA AB-B SHS (SKAB.ST) is buy as both the short term and long term trends are positive.