SANDVIK AB (SAND.ST) Stock Technical Analysis
STO:SAND - Nasdaq Stockholm AB - SE0000667891 - Common Stock - Currency: SEK
Overall SAND gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SAND is only an average performer.
The long and short term trends are both positive. This is looking good!
SAND 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 SAND slightly outperforms the market at the moment.
In the last month SAND has a been trading in the 219.70 - 242.40 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.
SAND has an average volume of 1081970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, SAND outperforms 51% of them, which is more or less in line with the market.
Besides having an excellent technical rating, SAND also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 224.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SAND in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- 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
196.32
248.67
We found 3 important support areas.
- A support zone ranging from 220.99 to 224.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @217.30 from a horizontal line in the daily time frame.
- A support zone ranging from 198.30 to 201.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @238.10 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 246.20 to 246.21. 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
CRS51.08
Mansfield0.3
10 Day High237.5
10 Day Low219.7
20 Day High242.4
20 Day Low219.7
52 Week High247.3
52 Week Low195.6
Performance
1 Week0.43%
2 Weeks-1.1%
1 Month2.41%
3 Month9.77%
6 Month17.85%
12 Month-1.35%
2 Year6.32%
3 Year15.55%
5 Year66.25%
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)-1.13
RSI(14)53.64
LBB225.54
UBB242.18
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 |
|---|---|---|---|
| 238.11 | 219.69 | 18.42 (7.74%) | 12.93% |
| An entry @238.11. This is a Buy Stop order right above the resistance zone. | An exit @219.69. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 18.42 points, which is 7.74%. | When investing 12.93% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:SAND (3/7/2025, 5:30:45 PM)
233.7
-1.5 (-0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.64%
1 Week0.43%
2 Weeks-1.1%
1 Month2.41%
3 Month9.77%
6 Month17.85%
12 Month-1.35%
2 Year6.32%
3 Year15.55%
5 Year66.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.9
ATR(20)%2.23%
ATR Inc1.49%
Range Today4.3
ADR(20)4.48
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.08
Mansfield0.3
10 Day High237.5
10 Day Low219.7
20 Day High242.4
20 Day Low219.7
52 Week High247.3
52 Week Low195.6
CS1 End224.33
CR1 Start238.1
Volume & EV
DER(3)3.94%
DER(5)5.14%
Volume1.57M
Volume Incr45.89%
Vol(5)1.38M
Vol(50)1.08M