STO:ALFA - Nasdaq Stockholm AB - SE0000695876 - Common Stock - Currency: SEK
We assign a technical rating of 1 out of 10 to ALFA. ALFA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, ALFA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 457.39, a Stop Loss order could be placed below this zone.
442.04
We found 2 important support areas.
2 important resistance areas can be observed.
STO:ALFA (3/7/2025, 5:30:45 PM)
457.4
-3.2 (-0.69%)