VOLVO AB-B SHS (VOLVB.ST) Stock Technical Analysis
STO:VOLVB - Nasdaq Stockholm AB - SE0000115446 - Common Stock - Currency: SEK
Overall VOLVB gets a technical rating of 8 out of 10. Although VOLVB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
VOLVB is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so VOLVB slightly outperforms the market at the moment.
VOLVB has an average volume of 1646660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that VOLVB is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month VOLVB has a been trading in the 311.90 - 344.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, VOLVB also presents a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
257.97
345.73
6 important support areas can be observed.
- A support zone ranging from 328.99 to 333.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 317.56 to 319.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @285.90 from a horizontal line in the daily time frame.
- A support zone ranging from 272.57 to 277.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @264.80 from a horizontal line in the daily time frame.
- Support @260.58 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @342.31 from a horizontal line 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
CRS71.79
Mansfield1.51
10 Day High344.4
10 Day Low319.2
20 Day High344.4
20 Day Low311.9
52 Week High344.4
52 Week Low243.7
Performance
1 Week0.15%
2 Weeks1.65%
1 Month7.2%
3 Month16%
6 Month30.84%
12 Month11.91%
2 Year55.95%
3 Year88.82%
5 Year179.78%
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)-1.61
RSI(14)58.73
LBB321.08
UBB343.56
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 |
|---|---|---|---|
| 342.32 | 328.98 | 13.34 (3.90%) | 25.00% |
| An entry @342.32. This is a Buy Stop order right above the resistance zone. | An exit @328.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 13.34 points, which is 3.90%. | For a 0.97% 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:VOLVB (3/7/2025, 5:30:46 PM)
333.5
-0.4 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.12%
1 Week0.15%
2 Weeks1.65%
1 Month7.2%
3 Month16%
6 Month30.84%
12 Month11.91%
2 Year55.95%
3 Year88.82%
5 Year179.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.04
ATR(20)%2.1%
ATR Inc15.89%
Range Today7.6
ADR(20)6.2
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.79
Mansfield1.51
10 Day High344.4
10 Day Low319.2
20 Day High344.4
20 Day Low311.9
52 Week High344.4
52 Week Low243.7
CS1 End333.49
CR1 Start342.31
Volume & EV
DER(3)1.27%
DER(5)2.04%
Volume2.70M
Volume Incr43.25%
Vol(5)2.44M
Vol(50)1.65M