Technical Analysis for 0NWW - SKF AB Series A

Grade Last Price % Change Price Change
A 229.00 1.10% 2.49
0NWW closed up 1.1 percent on Monday, April 29, 2024, on 62 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week High Strength 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish 1.10%
Pocket Pivot Bullish Swing Setup 1.10%
New 52 Week High Strength 1.10%
Wide Bands Range Expansion 1.10%

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Profile

SKF AB Series A Description

AB SKF (publ) engages in the design, development, and manufacture of bearings, seals, lubrication systems, and services worldwide. The company operates in segments, Industrial and Automotive. It offers rolling bearings, mounted bearings and housings, super-precision bearings, slewing bearings, plain bearings, magnetic bearings and systems, thin section bearing, industrial and automotive seals, lubrication management solutions, maintenance products, condition monitoring systems, power transmission solutions, test and measuring equipment, vehicle aftermarket, and waste electric and electronic equipment products. The company also provides various services, including application engineering, asset management, condition-based maintenance, mechanical maintenance, remanufacturing and customization, and training solutions. It offers its solutions for various industries, including aerospace, agriculture, cars and light trucks, construction, food and beverage, general machinery, machine tools, marine, material handling, metals, mining, mineral processing and cement, ocean energy, oil and gas, pulp and paper, railways, trucks, trailers, buses, two and three wheelers, and wind energy. The company was founded in 1907 and is headquartered in Gothenburg, Sweden.


Classification

Keywords: Mining Oil And Gas Food Asset Management Aerospace Beverage Cement Machinery Economy Of Sweden Mechanical Engineering Mineral Processing Tribology Wind Energy Machine Tools Maintenance Products Remanufacturing Bearings Condition Monitoring Systems Electric And Electronic Equipment Products Lubrication Lubrication Management Solutions Lubrication Systems Magnetic Bearing Ocean Energy Plain Bearing Power Transmission Solutions Rolling Element Bearing Skf Slewing Bearing

Is 0NWW a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 230.5
52 Week Low 153.8
Average Volume 165
200-Day Moving Average 0.00
50-Day Moving Average 201.82
20-Day Moving Average 207.79
10-Day Moving Average 220.85
Average True Range 5.46
RSI (14) 77.06
ADX 21.53
+DI 49.38
-DI 27.00
Chandelier Exit (Long, 3 ATRs) 214.11
Chandelier Exit (Short, 3 ATRs) 198.19
Upper Bollinger Bands 242.53
Lower Bollinger Band 173.06
Percent B (%b) 0.81
BandWidth 33.43
MACD Line 7.59
MACD Signal Line 5.72
MACD Histogram 1.8667
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 231.25
Resistance 3 (R3) 231.50 231.00 230.88
Resistance 2 (R2) 231.00 230.43 230.88 230.75
Resistance 1 (R1) 230.00 230.07 229.75 229.75 230.62
Pivot Point 229.50 229.50 229.38 229.38 229.50
Support 1 (S1) 228.50 228.93 228.25 228.25 227.38
Support 2 (S2) 228.00 228.57 227.88 227.25
Support 3 (S3) 227.00 228.00 227.13
Support 4 (S4) 226.75