SKANSKA AB-B SHS (SKAB.ST) Stock Technical Analysis
Europe - Nasdaq Stockholm AB - STO:SKAB - SE0000113250 - Common Stock
We assign a technical rating of 6 out of 10 to SKAB. Although SKAB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, SKAB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 250.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 249.70, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SKAB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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206.88
4 important support areas can be observed.
- A support zone ranging from 239.69 to 249.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @233.90 from a horizontal line in the daily time frame.
- Support @226.60 from a horizontal line in the daily time frame.
- Support @208.97 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 250.86 to 251.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @260.20 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 266.71 to 268.11. 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 SKAB.ST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKAB.ST is up. |
| ChartMill Relative Strength | 51.92 | NEUTRAL | SKAB.ST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKAB.ST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SKAB.ST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SKAB.ST is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.75 | NEUTRAL | The RSI value for SKAB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.95 | POSITIVE | The MACD value suggests SKAB.ST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.17 | NEUTRAL | The Stochastics value for SKAB.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for SKAB.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 13.61 | NEGATIVE | The low ADX value for SKAB.ST suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 251.92 | 243.89 | 8.03 (3.19%) | 25.00% |
| An entry @251.92. This is a Buy Stop order right above the resistance zone. | An exit @243.89. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 8.03 points, which is 3.19%. | For a 0.80% total portfolio risk, you can invest 25.00% 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:SKAB (12/19/2025, 5:30:45 PM)
250
-0.4 (-0.16%)
SKANSKA AB-B SHS / SKAB.ST FAQ
What is the technical rating for SKAB stock?
ChartMill assigns a technical rating of 6 / 10 to SKAB.ST.
What is the trend direction for SKAB stock?
The current trend direction for SKANSKA AB-B SHS (SKAB.ST) is Bullish.
What is the RSI signal for SKAB stock?
SKANSKA AB-B SHS (SKAB.ST) has an RSI value of 53.752. This indicates that the stock is currently neutral.
What is the MACD signal for SKAB stock?
The MACD indicator for SKANSKA AB-B SHS (SKAB.ST) has a value of 0.951024, indicating a bearish trend.
What is the short term momentum for SKANSKA AB-B SHS (SKAB.ST) stock?
The short term momentum for SKANSKA AB-B SHS (SKAB.ST) is positive.