SWEDBANK AB - A SHARES (SWEDA.ST) Stock Technical Analysis
STO:SWEDA - Nasdaq Stockholm AB - SE0000242455 - Common Stock - Currency: SEK
Taking everything into account, SWEDA scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SWEDA is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
SWEDA is currently making a new 52 week high. This is a strong signal, certainly because the S&P500 Index is not trading near new highs.
In the last month SWEDA has a been trading in the 246.35 - 263.50 range, which is quite wide. It is currently trading near the high of this range.
SWEDA has an average volume of 1153580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SWEDA did better than 74% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
SWEDA 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 262.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 258.99, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
202.65
264.83
We found 5 important support areas.
- A support zone ranging from 252.29 to 258.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 241.49 to 242.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 216.78 to 217.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @209.79 from a trend line in the weekly time frame.
- Support @204.70 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 262.21 to 262.21. 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
CRS74.8
Mansfield1.49
10 Day High263.5
10 Day Low251.8
20 Day High263.5
20 Day Low246.35
52 Week High263.5
52 Week Low199.2
Performance
1 Week1.31%
2 Weeks3.05%
1 Month6.33%
3 Month19.02%
6 Month20.66%
12 Month13.51%
2 Year54.19%
3 Year86.37%
5 Year138.42%
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)-0.36
RSI(14)63.58
LBB251.16
UBB264.63
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 |
|---|---|---|---|
| 262.22 | 251.79 | 10.43 (3.98%) | 25.00% |
| An entry @262.22. This is a Buy Stop order right above the resistance zone. | An exit @251.79. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 10.43 points, which is 3.98%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.99%. |
- 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:SWEDA (3/7/2025, 5:30:46 PM)
262.2
+0.6 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.23%
1 Week1.31%
2 Weeks3.05%
1 Month6.33%
3 Month19.02%
6 Month20.66%
12 Month13.51%
2 Year54.19%
3 Year86.37%
5 Year138.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.71
ATR(20)%1.63%
ATR Inc1.58%
Range Today5.3
ADR(20)3.86
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.8
Mansfield1.49
10 Day High263.5
10 Day Low251.8
20 Day High263.5
20 Day Low246.35
52 Week High263.5
52 Week Low199.2
CS1 End258.99
CR1 Start262.21
Volume & EV
DER(3)0.76%
DER(5)0.81%
Volume1.24M
Volume Incr25.66%
Vol(5)1.29M
Vol(50)1.15M