SVENSKA HANDELSBANKEN-A SHS (SHBA.ST) Stock Technical Analysis
Europe - Nasdaq Stockholm AB - STO:SHBA - SE0007100599 - Common Stock
Overall SHBA gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SHBA is only an average performer.
Although SHBA has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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100.83
When analyzing the support we can see 7 important areas.
- Support @129.75 from a horizontal line in the daily time frame.
- A support zone ranging from 126.11 to 127.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @122.20 from a horizontal line in the daily time frame.
- Support @119.25 from a horizontal line in the daily time frame.
- Support @116.20 from a horizontal line in the weekly time frame.
- Support @108.91 from a trend line in the weekly time frame.
- Support @101.85 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 133.70 to 136.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SHBA.ST is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SHBA.ST is neutral. |
| ChartMill Relative Strength | 61.14 | NEUTRAL | SHBA.ST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SHBA.ST is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHBA.ST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SHBA.ST is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.77 | NEUTRAL | The RSI value for SHBA.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests SHBA.ST has a negative trend. |
| Stochastics (14,3) | 15.41 | OVERSOLD | The low Stochastics value suggests SHBA.ST may be oversold. |
| Average True Range in percent/ATR (20) | 1.37 | LOW VOLATILITY | The low ATR as a percentage value for SHBA.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 11.66 | NEGATIVE | The low ADX value for SHBA.ST suggests a weak or negative trend. |
STO:SHBA (12/17/2025, 5:11:55 PM)
129.85
+1.2 (+0.93%)
SVENSKA HANDELSBANKEN-A SHS / SHBA.ST FAQ
What is the technical rating for SHBA stock?
ChartMill assigns a technical rating of 7 / 10 to SHBA.ST.
Can you provide the trend direction for SVENSKA HANDELSBANKEN-A SHS?
The current trend direction for SVENSKA HANDELSBANKEN-A SHS (SHBA.ST) is Bullish.
What is the RSI signal for SHBA stock?
SVENSKA HANDELSBANKEN-A SHS (SHBA.ST) has an RSI value of 47.7657. This indicates that the stock is currently neutral.
What is the MACD signal for SHBA stock?
The MACD indicator for SVENSKA HANDELSBANKEN-A SHS (SHBA.ST) has a value of -0.450107, indicating a bearish trend.
What is the short term momentum for SVENSKA HANDELSBANKEN-A SHS (SHBA.ST) stock?
The short term momentum for SVENSKA HANDELSBANKEN-A SHS (SHBA.ST) is neutral.