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 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, SKFB is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
SKFB 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 SKFB is lagging the market slightly.
In the last month SKFB has a been trading in the 206.05 - 239.60 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, SKFB did better than 82% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Although SKFB has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
167.76
243.62
When analyzing the support we can see 5 important areas.
- A support zone ranging from 222.88 to 224.61. 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 212.38 to 218.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 206.59 to 206.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @201.90 from a horizontal line in the daily time frame.
- Support @169.45 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 236.80 to 241.21. 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 SKFB.ST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKFB.ST is up. |
| ChartMill Relative Strength | 82.4 | POSITIVE | SKFB.ST has a high relative strength, it outperformed 82.4% 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) | 70.66 | OVERBOUGHT | The high RSI value suggests SKFB.ST may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.78 | POSITIVE | The MACD value suggests SKFB.ST has a positive trend. |
| Stochastics (14,3) | 74.8 | NEUTRAL | The Stochastics value for SKFB.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for SKFB.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 30.56 | 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 (7/21/2025, 5:24:58 PM)
234.6
+2.8 (+1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.21%
1 Week3.85%
2 Weeks7.71%
1 Month11.76%
3 Month33.56%
6 Month6.67%
12 Month16.63%
2 Year15.32%
3 Year36.35%
5 Year43.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.78
ATR(20)%2.07%
ATR Inc134.34%
Range Today4.65
ADR(20)4.03
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.4
Mansfield0.36
10 Day High239.6
10 Day Low213.85
20 Day High239.6
20 Day Low206.05
52 Week High241.9
52 Week Low157.7
CS1 End224.61
CR1 Start236.8
Volume & EV
DER(3)-6.42%
DER(5)-5.13%
Volume873.09K
Volume Incr104.03%
Vol(5)990.96K
Vol(50)627.76K