INDUSTRIVARDEN AB-C SHS (INDUC.ST) Stock Technical Analysis
STO:INDUC - Nasdaq Stockholm AB - SE0000107203 - Common Stock - Currency: SEK
Taking everything into account, INDUC scores 7 out of 10 in our technical rating. Although INDUC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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!
INDUC 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 INDUC slightly outperforms the market at the moment.
When comparing the performance of all stocks over the past year, INDUC turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
In the last month INDUC has a been trading in a tight range between 390.30 and 412.10.
INDUC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for INDUC in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
338.67
414.26
We found 2 important support areas.
- Support @393.27 from a trend line in the daily time frame.
- A support zone ranging from 342.09 to 363.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 402.02 to 410.16. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS63.18
Mansfield0.67
10 Day High412.1
10 Day Low393.4
20 Day High412.1
20 Day Low390.3
52 Week High412.1
52 Week Low326.3
Performance
1 Week-0.89%
2 Weeks-0.05%
1 Month2.84%
3 Month8.05%
6 Month14.81%
12 Month11.4%
2 Year43.44%
3 Year52.49%
5 Year107.92%
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)-1.5
RSI(14)54.4
LBB394.48
UBB411.56
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 |
|---|---|---|---|
| 410.17 | 393.39 | 16.78 (4.09%) | 24.44% |
| An entry @410.17. This is a Buy Stop order right above the resistance zone. | An exit @393.39. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 16.78 points, which is 4.09%. | For a 1.00% total portfolio risk, you can invest 24.44% 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:INDUC (3/7/2025, 5:30:45 PM)
401.5
+0.4 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.1%
1 Week-0.89%
2 Weeks-0.05%
1 Month2.84%
3 Month8.05%
6 Month14.81%
12 Month11.4%
2 Year43.44%
3 Year52.49%
5 Year107.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.23
ATR(20)%1.62%
ATR Inc15.93%
Range Today6.6
ADR(20)5.75
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.18
Mansfield0.67
10 Day High412.1
10 Day Low393.4
20 Day High412.1
20 Day Low390.3
52 Week High412.1
52 Week Low326.3
CS1 End393.27
CR1 Start402.02
Volume & EV
DER(3)4.26%
DER(5)0.91%
Volume189.24K
Volume Incr36.71%
Vol(5)157.59K
Vol(50)124.35K