WALLENSTAM AB-B SHS (WALLB.ST) Stock Technical Analysis
STO:WALLB - Nasdaq Stockholm AB - SE0017780133 - Common Stock - Currency: SEK
Overall WALLB gets a technical rating of 0 out of 10. WALLB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
86% of all other stocks performed better in the past year than WALLB.
WALLB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month WALLB has a been trading in the 43.98 - 49.50 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of WALLB 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
42.64
50.75
We found 1 important support area.
- Support @43.07 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @44.44 from a horizontal line in the daily time frame.
- A resistance zone ranging from 45.18 to 46.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 47.61 to 49.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @50.25 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 WALLB.ST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WALLB.ST is down. |
| ChartMill Relative Strength | 14.38 | NEGATIVE | WALLB.ST has a low relative strength, it was outperformed by 85.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WALLB.ST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WALLB.ST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WALLB.ST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.24 | NEUTRAL | The RSI value for WALLB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests WALLB.ST has a negative trend. |
| Stochastics (14,3) | 17.04 | OVERSOLD | The low Stochastics value suggests WALLB.ST may be oversold. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for WALLB.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 13.78 | NEGATIVE | The low ADX value for WALLB.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:WALLB (8/1/2025, 9:37:04 AM)
44.22
-0.34 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.76%
1 Week-3.42%
2 Weeks-1.15%
1 Month-9.1%
3 Month-6.5%
6 Month-7.13%
12 Month-19.35%
2 Year8.52%
3 Year-13.98%
5 Year-59.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%2.22%
ATR Inc35.71%
Range Today0.36
ADR(20)0.99
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.38
Mansfield-1.67
10 Day High46.56
10 Day Low43.98
20 Day High49.5
20 Day Low43.98
52 Week High61.1
52 Week Low38.92
CS1 End44.44
CR1 Start45.18
Volume & EV
DER(3)7.87%
DER(5)10.62%
Volume13.68K
Volume Incr5.1%
Vol(5)214.58K
Vol(50)235.91K