SSAB AB - B SHARES (SSABB.ST) Stock Technical Analysis
STO:SSABB - Nasdaq Stockholm AB - SE0000120669 - Common Stock - Currency: SEK
We assign a technical rating of 8 out of 10 to SSABB. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SSABB is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month SSABB has a been trading in the 55.90 - 69.89 range, which is quite wide. It is currently trading near the high of this range.
SSABB has an average volume of 1601300 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, SSABB outperforms 68% of them, which is more or less in line with the market.
SSABB 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.
Volume is considerably higher in the last couple of days.
Although SSABB has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
62.64
67.24
When analyzing the support we notice one important area.
- A support zone ranging from 63.27 to 63.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.41
Mansfield1.54
10 Day High69.89
10 Day Low62.46
20 Day High69.89
20 Day Low55.9
52 Week High83.1
52 Week Low42.1
Performance
1 Week3.08%
2 Weeks3.82%
1 Month19.13%
3 Month34.27%
6 Month49.19%
12 Month-9.7%
2 Year-9.94%
3 Year5.7%
5 Year205.37%
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)-0.09
RSI(14)65.09
LBB60.95
UBB68.63
STO:SSABB (3/7/2025, 5:24:52 PM)
66.57
-2.43 (-3.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.52%
1 Week3.08%
2 Weeks3.82%
1 Month19.13%
3 Month34.27%
6 Month49.19%
12 Month-9.7%
2 Year-9.94%
3 Year5.7%
5 Year205.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.17
ATR(20)%3.42%
ATR Inc18.37%
Range Today1.96
ADR(20)2
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.41
Mansfield1.54
10 Day High69.89
10 Day Low62.46
20 Day High69.89
20 Day Low55.9
52 Week High83.1
52 Week Low42.1
CS1 End63.82
CR1 StartN/A
Volume & EV
DER(3)-0.81%
DER(5)-1.91%
Volume1.95M
Volume Incr45.99%
Vol(5)2.58M
Vol(50)1.60M