STO:ALFA - Nasdaq Stockholm AB - SE0000695876 - Common Stock - Currency: SEK
Taking everything into account, ALFA scores 0 out of 10 in our technical rating. ALFA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, ALFA 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 402.21. Right above this resistance zone may be a good entry point.
380.05
When analyzing the support we notice one important area.
When analyzing the resistance we notice 5 important areas.
STO:ALFA (4/25/2025, 5:30:45 PM)
402.2
+2.4 (+0.6%)