STO:SWMA - Nasdaq Stockholm AB - SE0015812219 - Common Stock - Currency: SEK
Taking everything into account, SWMA scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although the technical rating is only medium, SWMA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 113.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 113.53, a Stop Loss order could be placed below this zone.
111.53
When analyzing the support we notice one important area.
We found 1 important resistance area.
STO:SWMA (12/30/2022, 5:24:46 PM)
113.55
+0.05 (+0.04%)