THULE GROUP AB/THE (THULE.ST) Stock Technical Analysis
STO:THULE - Nasdaq Stockholm AB - SE0006422390 - Common Stock - Currency: SEK
We assign a technical rating of 4 out of 10 to THULE. In the past year, THULE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, THULE is a bad performer in the overall market: 69% of all stocks are doing better.
In the last month THULE has a been trading in the 260.20 - 282.00 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
THULE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so THULE is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, THULE does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 275.52. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
257.06
284.22
We found 2 important support areas.
- A support zone ranging from 271.13 to 273.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 259.66 to 262.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 275.52 to 276.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @281.41 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 | DOWN | NEGATIVE | The long term trend for THULE.ST is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for THULE.ST is up. |
| ChartMill Relative Strength | 31.19 | NEUTRAL | THULE.ST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of THULE.ST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of THULE.ST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of THULE.ST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.7 | NEUTRAL | The RSI value for THULE.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests THULE.ST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.47 | NEUTRAL | The Stochastics value for THULE.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for THULE.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 11.35 | NEGATIVE | The low ADX value for THULE.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:THULE (7/11/2025, 5:24:56 PM)
274
-7.4 (-2.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.63%
1 Week-0.72%
2 Weeks-0.54%
1 Month1.71%
3 Month12.11%
6 Month-15.74%
12 Month-11.9%
2 Year-16.72%
3 Year-6.6%
5 Year5.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.69
ATR(20)%2.46%
ATR Inc39.02%
Range Today7.4
ADR(20)6.16
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.19
Mansfield-1.74
10 Day High282
10 Day Low269
20 Day High282
20 Day Low260.2
52 Week High386
52 Week Low218.4
CS1 End273.99
CR1 Start275.52
Volume & EV
DER(3)0.17%
DER(5)1.94%
Volume65.36K
Volume Incr-34.54%
Vol(5)90.80K
Vol(50)156.87K