SKF AB-B SHARES (SKFB.ST) Stock Technical Analysis
STO:SKFB - Nasdaq Stockholm AB - SE0000108227 - Common Stock - Currency: SEK
Taking everything into account, SKFB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SKFB has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SKFB is one of the better performing stocks in the market, outperforming 81% of all stocks.
A new 52 week high is currently being made by SKFB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month SKFB has a been trading in the 221.10 - 241.75 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
SKFB has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
167.76
243.62
5 important support areas can be observed.
- Support @240.31 from a horizontal line in the weekly time frame.
- A support zone ranging from 232.85 to 235.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 222.59 to 224.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @216.00 from a horizontal line in the daily time frame.
- Support @169.45 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 241.20 to 241.21. This zone is formed by a combination of multiple trend lines in the daily 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 SKFB.ST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKFB.ST is up. |
| ChartMill Relative Strength | 81.25 | POSITIVE | SKFB.ST has a high relative strength, it outperformed 81.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKFB.ST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKFB.ST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SKFB.ST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.97 | NEUTRAL | The RSI value for SKFB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests SKFB.ST has a positive trend. |
| Stochastics (14,3) | 87.01 | OVERBOUGHT | The high Stochastics value suggests SKFB.ST may be overbought. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for SKFB.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 29.68 | POSITIVE | The high ADX value value for SKFB.ST suggests a strong trend. |
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)
STO:SKFB (8/21/2025, 11:54:27 AM)
241.2
+0.9 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.37%
1 Week2.21%
2 Weeks5.26%
1 Month1.56%
3 Month19.02%
6 Month3.4%
12 Month25.19%
2 Year35.38%
3 Year49.3%
5 Year38.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.79
ATR(20)%1.71%
ATR Inc28.73%
Range Today2
ADR(20)3.83
ADR(20)%1.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.25
Mansfield0.52
10 Day High241.75
10 Day Low229.4
20 Day High241.75
20 Day Low221.1
52 Week High241.9
52 Week Low157.7
CS1 End235.88
CR1 Start240.31
Volume & EV
DER(3)-0.56%
DER(5)-2.16%
Volume171.19K
Volume Incr-50.46%
Vol(5)332.00K
Vol(50)552.93K