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Volvo Car AB (VOLCB.ST) Stock Technical Analysis

Europe - Nasdaq Stockholm AB - STO:VOLCB - SE0016844831

32.32
-0.43 (-1.31%)
Last: 1/9/2026, 5:24:50 PM
Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to VOLCB. 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.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
VOLCB 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 VOLCB is lagging the market slightly.
VOLCB has an average volume of 2062760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, VOLCB did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month VOLCB has a been trading in the 29.58 - 35.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
Volvo Car AB / VOLCB Weekly stock chart
Volvo Car AB / VOLCB Daily stock chart
Setup Rating and Analysis

3

Although VOLCB has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

21.15

36.12

We found 3 important support areas.

  • A support zone ranging from 31.12 to 31.15. 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 29.74 to 30.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 21.36 to 21.70. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 33.86 to 34.28. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A resistance zone ranging from 35.75 to 35.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for VOLCB.ST is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for VOLCB.ST is neutral.
ChartMill Relative Strength91.47POSITIVEVOLCB.ST has a high relative strength, it outperformed 91.47% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of VOLCB.ST is above a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of VOLCB.ST is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of VOLCB.ST is above the rising SMA(200).
Relative Strength Index/RSI (14)53.91NEUTRALThe RSI value for VOLCB.ST is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.11POSITIVEThe MACD value suggests VOLCB.ST has a positive trend.
Stochastics (14,3)63.35NEUTRALThe Stochastics value for VOLCB.ST is a neutral value.
Average True Range in percent/ATR (20)3.48MEDIUM VOLATILITYThe ATR as a percentage value for VOLCB.ST suggests some volalility.
Average Directional Index/ADX (14)18.03NEGATIVEThe low ADX value for VOLCB.ST suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Volvo Car AB / VOLCB Daily stock chart

Volvo Car AB

STO:VOLCB (1/9/2026, 5:24:50 PM)

32.32

-0.43 (-1.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.31%
1 Week5.31%
2 Weeks7.2%
1 Month-2.71%
3 Month60.16%
6 Month73.02%
12 Month36.75%
2 Year17.7%
3 Year-37.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.15
ATR(20)%3.48%
ATR Inc66.69%
Range Today1.41
ADR(20)1.09
ADR(20)%3.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.47
3 months CRS97.44
6 months CRS95.48
Mansfield2.87
10 Day High33.55
10 Day Low29.71
20 Day High35.11
20 Day Low29.58
52 Week High36.5
52 Week Low15.95
CS1 End31.15
CR1 Start33.86
Volume & EV
DER(3)-0.61%
DER(5)-3.2%
Volume1.57M
Volume Incr-7.54%
Vol(5)1.62M
Vol(50)2.06M

Volvo Car AB / VOLCB.ST FAQ

What is the technical rating for VOLCB stock?

ChartMill assigns a technical rating of 7 / 10 to VOLCB.ST.


What is the current trend direction of Volvo Car AB (VOLCB.ST) stock?

The current trend direction for Volvo Car AB (VOLCB.ST) is Bullish.


What is the RSI signal for VOLCB stock?

Volvo Car AB (VOLCB.ST) has an RSI value of 53.9063. This indicates that the stock is currently neutral.


What are the support and resistance levels for Volvo Car AB (VOLCB.ST) stock?

Volvo Car AB (VOLCB.ST) has a support level at 31.15 and a resistance level at 33.86. Check the full technical report for our detailed analysis of VOLCB.ST support and resistance levels.