SVENSKA CELLULOSA AB SCA-B (SCAB.ST) Stock Technical Analysis
STO:SCAB - Nasdaq Stockholm AB - SE0000112724 - Common Stock - Currency: SEK
We assign a technical rating of 3 out of 10 to SCAB. In the last year, SCAB was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month SCAB has a been trading in the 145.00 - 154.10 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, SCAB turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
SCAB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is bad, SCAB does present a nice setup opportunity. 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 SCAB 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
131.37
168.58
We found 2 important support areas.
- A support zone ranging from 134.84 to 138.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @132.70 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 146.54 to 153.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @156.35 from a horizontal line in the daily time frame.
- Resistance @166.91 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.62
Mansfield-0.47
10 Day High152.25
10 Day Low145
20 Day High154.1
20 Day Low145
52 Week High172.4
52 Week Low132.1
Performance
1 Week-0.85%
2 Weeks-2.47%
1 Month-1.21%
3 Month1.46%
6 Month5.63%
12 Month0.76%
2 Year7.45%
3 Year-20.13%
5 Year46.11%
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)-0.6
RSI(14)43.66
LBB145.53
UBB151.89
STO:SCAB (3/7/2025, 5:29:45 PM)
146.4
-1.55 (-1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.05%
1 Week-0.85%
2 Weeks-2.47%
1 Month-1.21%
3 Month1.46%
6 Month5.63%
12 Month0.76%
2 Year7.45%
3 Year-20.13%
5 Year46.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.64
ATR(20)%1.75%
ATR Inc16.17%
Range Today2.53
ADR(20)2.42
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.62
Mansfield-0.47
10 Day High152.25
10 Day Low145
20 Day High154.1
20 Day Low145
52 Week High172.4
52 Week Low132.1
CS1 End138.05
CR1 Start146.54
Volume & EV
DER(3)4.21%
DER(5)1.22%
Volume1.18M
Volume Incr26.38%
Vol(5)871.87K
Vol(50)756.17K