BOLIDEN AB (BOL.ST) Stock Technical Analysis
STO:BOL - Nasdaq Stockholm AB - SE0020050417 - Common Stock - Currency: SEK
We assign a technical rating of 10 out of 10 to BOL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BOL is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BOL did better than 87% of all other stocks.
BOL is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so BOL slightly outperforms the market at the moment.
In the last month BOL has a been trading in the 366.00 - 392.90 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Besides having an excellent technical rating, BOL also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 385.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 379.93, a Stop Loss order could be placed below this zone.
More info and screens
309.48
392.29
When analyzing the support we can see 3 important areas.
- A support zone ranging from 366.39 to 379.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 352.57 to 356.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @312.61 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 385.11 to 388.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.64
Mansfield1.08
10 Day High389.1
10 Day Low366
20 Day High392.9
20 Day Low366
52 Week High392.9
52 Week Low264.5
Performance
1 Week1.68%
2 Weeks-0.26%
1 Month0.95%
3 Month16.8%
6 Month32.1%
12 Month41.86%
2 Year-6.33%
3 Year-20.05%
5 Year111.57%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-2.11
RSI(14)58.69
LBB368.34
UBB389.36
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 388.42 | 366.38 | 22.04 (5.67%) | 17.62% |
| An entry @388.42. This is a Buy Stop order right above the resistance zone. | An exit @366.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 22.04 points, which is 5.67%. | For a 1.00% total portfolio risk, you can invest 17.62% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
STO:BOL (3/7/2025, 5:30:45 PM)
382.3
+5.7 (+1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.51%
1 Week1.68%
2 Weeks-0.26%
1 Month0.95%
3 Month16.8%
6 Month32.1%
12 Month41.86%
2 Year-6.33%
3 Year-20.05%
5 Year111.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.6
ATR(20)%2.42%
ATR Inc65.03%
Range Today13.45
ADR(20)8.49
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.64
Mansfield1.08
10 Day High389.1
10 Day Low366
20 Day High392.9
20 Day Low366
52 Week High392.9
52 Week Low264.5
CS1 End379.93
CR1 Start385.11
Volume & EV
DER(3)2.25%
DER(5)2.84%
Volume625.57K
Volume Incr-1.32%
Vol(5)632.86K
Vol(50)537.02K