Volvo Car AB (VOLCB.ST) Stock Technical Analysis
STO:VOLCB - Nasdaq Stockholm AB - SE0016844831
Overall VOLCB gets a technical rating of 0 out of 10. VOLCB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, VOLCB is a bad performer in the overall market: 96% of all stocks are doing better.
VOLCB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so VOLCB is lagging the market.
In the last month VOLCB has a been trading in the 16.82 - 19.77 range, which is quite wide. It is currently trading near the lows of this range.
VOLCB has an average volume of 2028350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VOLCB has a poor technical rating and the quality of the setup is also 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
16.29
23.71
We found 2 important support areas.
- Support @17.18 from a horizontal line in the weekly time frame.
- Support @16.45 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 17.62 to 17.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.27 to 18.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.72 to 18.88. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @19.55 from a horizontal line in the daily time frame.
- Resistance @23.48 from a trend 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 VOLCB.ST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VOLCB.ST is down. |
| ChartMill Relative Strength | 4.45 | NEGATIVE | VOLCB.ST has a low relative strength, it was outperformed by 95.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VOLCB.ST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VOLCB.ST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VOLCB.ST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.44 | NEUTRAL | The RSI value for VOLCB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests VOLCB.ST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.52 | OVERSOLD | The low Stochastics value suggests VOLCB.ST may be oversold. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for VOLCB.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 16.86 | NEGATIVE | The low ADX value for VOLCB.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:VOLCB (6/5/2025, 5:30:00 PM)
17.295
-0.05 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.29%
1 Week-5.17%
2 Weeks-9.45%
1 Month-3.54%
3 Month-23.68%
6 Month-31.69%
12 Month-51.57%
2 Year-59.61%
3 Year-74.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%3.74%
ATR Inc-12.09%
Range Today0.69
ADR(20)0.61
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.45
Mansfield-3.09
10 Day High18.94
10 Day Low16.82
20 Day High19.77
20 Day Low16.82
52 Week High37.38
52 Week Low16.13
CS1 End17.18
CR1 Start17.62
Volume & EV
DER(3)2.84%
DER(5)0.73%
Volume2.14M
Volume Incr18.22%
Vol(5)1.79M
Vol(50)2.03M