SKF AB-B SHARES (SKFB.ST) Stock Technical Analysis
STO:SKFB - Nasdaq Stockholm AB - SE0000108227 - Common Stock - Currency: SEK
We assign a technical rating of 8 out of 10 to SKFB. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SKFB is only an average performer.
The long and short term trends are both positive. This is looking good!
SKFB is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month SKFB has a been trading in the 217.30 - 241.90 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, SKFB turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
Volume is considerably higher in the last couple of days.
SKFB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 237.91. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for SKFB 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
181.39
243.62
We found 4 important support areas.
- A support zone ranging from 221.83 to 223.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @214.10 from a horizontal line in the daily time frame.
- A support zone ranging from 206.59 to 207.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @183.22 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 237.91 to 241.21. 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
CRS55.84
Mansfield0.82
10 Day High241.9
10 Day Low220.3
20 Day High241.9
20 Day Low217.3
52 Week High241.9
52 Week Low177.75
Performance
1 Week2.41%
2 Weeks2.28%
1 Month9.24%
3 Month6.93%
6 Month33.35%
12 Month5.55%
2 Year16.46%
3 Year55.16%
5 Year73.5%
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)0.14
RSI(14)57.64
LBB224
UBB241.88
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 |
|---|---|---|---|
| 241.22 | 220.29 | 20.93 (8.68%) | 11.53% |
| An entry @241.22. This is a Buy Stop order right above the resistance zone. | An exit @220.29. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 20.93 points, which is 8.68%. | For a 1.00% total portfolio risk, you can invest 11.53% 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:SKFB (3/7/2025, 5:30:45 PM)
237.7
-3.5 (-1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.45%
1 Week2.41%
2 Weeks2.28%
1 Month9.24%
3 Month6.93%
6 Month33.35%
12 Month5.55%
2 Year16.46%
3 Year55.16%
5 Year73.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.4
ATR(20)%2.51%
ATR Inc28.25%
Range Today4.55
ADR(20)5.1
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.84
Mansfield0.82
10 Day High241.9
10 Day Low220.3
20 Day High241.9
20 Day Low217.3
52 Week High241.9
52 Week Low177.75
CS1 End223.32
CR1 Start237.91
Volume & EV
DER(3)3.21%
DER(5)1.58%
Volume854.62K
Volume Incr50.89%
Vol(5)1.10M
Vol(50)722.54K