SWEDISH ORPHAN BIOVITRUM AB (SOBI.ST) Stock Technical Analysis
STO:SOBI - Nasdaq Stockholm AB - SE0000872095 - Common Stock - Currency: SEK
We assign a technical rating of 0 out of 10 to SOBI. SOBI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
61% of all other stocks performed better in the past year than SOBI.
In the last month SOBI has a been trading in the 278.00 - 312.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
SOBI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SOBI is lagging the market slightly.
The technical rating of SOBI is bad and it also does not present a quality setup 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
251.65
349.86
When analyzing the support we can see 2 important areas.
- Support @261.00 from a trend line in the weekly time frame.
- A support zone ranging from 254.19 to 254.20. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 288.43 to 297.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @302.60 from a trend line in the daily time frame.
- A resistance zone ranging from 307.60 to 310.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @320.66 from a trend line in the weekly time frame.
- A resistance zone ranging from 327.46 to 331.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @346.40 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for SOBI.ST is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOBI.ST is down. |
| ChartMill Relative Strength | 39.86 | NEUTRAL | SOBI.ST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOBI.ST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOBI.ST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOBI.ST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40 | NEUTRAL | The RSI value for SOBI.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.83 | NEGATIVE | The MACD value suggests SOBI.ST has a negative trend. |
| Stochastics (14,3) | 12.41 | OVERSOLD | The low Stochastics value suggests SOBI.ST may be oversold. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for SOBI.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 19.53 | NEGATIVE | The low ADX value for SOBI.ST suggests a weak or negative 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:SOBI (6/19/2025, 12:25:37 PM)
275.8
-5.8 (-2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.06%
1 Week-7.25%
2 Weeks-6.75%
1 Month-8.87%
3 Month-3.03%
6 Month-9.4%
12 Month1.99%
2 Year33.84%
3 Year27.31%
5 Year30.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.61
ATR(20)%2.92%
ATR Inc5.22%
Range Today6.6
ADR(20)7.73
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.86
Mansfield-1.09
10 Day High309
10 Day Low278
20 Day High312.2
20 Day Low278
52 Week High354.6
52 Week Low241.8
CS1 End261
CR1 Start288.43
Volume & EV
DER(3)-4.63%
DER(5)-4.02%
Volume51.20K
Volume Incr18.87%
Vol(5)170.24K
Vol(50)166.61K