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SSAB AB ADR
Buy, Hold or Sell?

Let's analyse Ssab together

PenkeI guess you are interested in SSAB AB ADR. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of SSAB AB ADR. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Ssab (30 sec.)










What can you expect buying and holding a share of Ssab? (30 sec.)

How much money do you get?

How much money do you get?
$4.35
When do you have the money?
1 year
How often do you get paid?
32.5%

What is your share worth?

Current worth
$3.22
Expected worth in 1 year
$3.37
How sure are you?
67.5%

+ What do you gain per year?

Total Gains per Share
$4.50
Return On Investment
119.4%

For what price can you sell your share?

Current Price per Share
$3.77
Expected price per share
$3.49 - $4.01
How sure are you?
50%

1. Valuation of Ssab (5 min.)




Live pricePrice per Share (EOD)

$3.77

Intrinsic Value Per Share

$-36.83 - $52.07

Total Value Per Share

$-33.61 - $55.29

2. Growth of Ssab (5 min.)




Is Ssab growing?

Current yearPrevious yearGrowGrow %
How rich?$67.9b$70.7b-$48.8b-222.9%

How much money is Ssab making?

Current yearPrevious yearGrowGrow %
Making money$306.1m-$255.8m$561.9m183.6%
Net Profit Margin10.8%-14.0%--

How much money comes from the company's main activities?

3. Financial Health of Ssab (5 min.)




4. Comparing to competitors in the Steel industry (5 min.)




  Industry Rankings (Steel)  


Richest
#28 / 330

Most Revenue
#41 / 330

Most Profit
#16 / 330

What can you expect buying and holding a share of Ssab? (5 min.)

Welcome investor! Ssab's management wants to use your money to grow the business. In return you get a share of Ssab.

What can you expect buying and holding a share of Ssab?

First you should know what it really means to hold a share of Ssab. And how you can make/lose money.

Speculation

The Price per Share of Ssab is $3.77. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Ssab.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Ssab, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $3.22. Based on the TTM, the Book Value Change Per Share is $0.04 per quarter. Based on the YOY, the Book Value Change Per Share is $-8.16 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $1.09 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ssab.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.010.2%0.133.4%-0.12-3.3%0.040.9%0.030.7%
Usd Book Value Change Per Share0.00-0.1%0.041.0%-8.16-216.3%0.030.7%-0.26-6.9%
Usd Dividend Per Share0.000.0%1.0928.8%1.3134.8%0.8221.7%0.5013.2%
Usd Total Gains Per Share0.00-0.1%1.1329.9%-6.84-181.5%0.8422.4%0.246.3%
Usd Price Per Share3.90-3.45-2.68-2.20-1.44-
Price to Earnings Ratio115.25-32.46-1.66-9.03-7.28-
Price-to-Total Gains Ratio-1,046.56--250.18-0.30--55.17--39.69-
Price to Book Ratio1.21-1.08-0.27-0.57-0.40-
Price-to-Total Gains Ratio-1,046.56--250.18-0.30--55.17--39.69-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.77
Number of shares265
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share1.090.82
Usd Book Value Change Per Share0.040.03
Usd Total Gains Per Share1.130.84
Gains per Quarter (265 shares)298.28223.29
Gains per Year (265 shares)1,193.14893.16
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1115340118386727883
223068123761733531776
3345912135692600802669
44611161476234661063562
55764201595543331334455
66917242714851991605348
78070282834160661866241
89223322953469322137134
9103763631072777992408027
10115284031192086652668920

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.01.00.091.7%16.04.00.080.0%30.010.00.075.0%40.020.00.066.7%
Book Value Change Per Share2.02.00.050.0%9.03.00.075.0%12.08.00.060.0%24.016.00.060.0%31.026.03.051.7%
Dividend per Share1.00.03.025.0%5.00.07.041.7%7.00.013.035.0%13.00.027.032.5%15.00.045.025.0%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%14.06.00.070.0%27.013.00.067.5%34.023.03.056.7%

Fundamentals of Ssab

About SSAB AB ADR

SSAB AB (publ) produces and sells steel products in Sweden, Finland, Rest of Europe, the United States, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and advanced high-strength steel products. The SSAB Europe segment provides strip, heavy plate, and tubular products. The SSAB Americas segment sells heavy plates for steel and plate production. The Tibnor segment distributes a range of steel and non-ferrous metals in the Nordics and Baltics. The Ruukki Construction segment produces and sells energy-efficient building and construction solutions. The company markets its steel products under the Strenx, Hardox, Docol, GreenCoat, Toolox, Armox, Duroxite, SSAB Boron, SSAB Domex, SSAB Form, SSAB Laser, SSAB Weathering, Cor-Ten, and SSAB Multisteel brands. Its products are used by customers in the heavy transport, building construction and infrastructure, industrial applications, construction machinery, energy, and material handling markets. SSAB AB (publ) was founded in 1878 and is headquartered in Stockholm, Sweden.

Fundamental data was last updated by Penke on 2024-03-13 04:03:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of SSAB AB ADR.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ssab earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Ssab to the Steel industry mean.
  • A Net Profit Margin of 7.2% means that $0.07 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of SSAB AB ADR:

  • The MRQ is 7.2%. The company is making a profit. +1
  • The TTM is 10.8%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ7.2%TTM10.8%-3.6%
TTM10.8%YOY-14.0%+24.8%
TTM10.8%5Y2.3%+8.5%
5Y2.3%10Y1.8%+0.5%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ7.2%2.7%+4.5%
TTM10.8%2.9%+7.9%
YOY-14.0%4.8%-18.8%
5Y2.3%3.5%-1.2%
10Y1.8%2.9%-1.1%
1.1.2. Return on Assets

Shows how efficient Ssab is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ssab to the Steel industry mean.
  • 0.2% Return on Assets means that Ssab generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of SSAB AB ADR:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 2.5%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.2%TTM2.5%-2.3%
TTM2.5%YOY-6.5%+9.0%
TTM2.5%5Y-0.3%+2.8%
5Y-0.3%10Y0.0%-0.3%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%1.1%-0.9%
TTM2.5%1.1%+1.4%
YOY-6.5%1.9%-8.4%
5Y-0.3%1.3%-1.6%
10Y0.0%1.0%-1.0%
1.1.3. Return on Equity

Shows how efficient Ssab is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ssab to the Steel industry mean.
  • 0.3% Return on Equity means Ssab generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of SSAB AB ADR:

  • The MRQ is 0.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.3%TTM4.1%-3.8%
TTM4.1%YOY-10.7%+14.7%
TTM4.1%5Y-0.5%+4.6%
5Y-0.5%10Y0.0%-0.5%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%2.2%-1.9%
TTM4.1%2.1%+2.0%
YOY-10.7%3.9%-14.6%
5Y-0.5%2.4%-2.9%
10Y0.0%1.8%-1.8%

1.2. Operating Efficiency of SSAB AB ADR.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ssab is operating .

  • Measures how much profit Ssab makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Ssab to the Steel industry mean.
  • An Operating Margin of 8.7% means the company generated $0.09  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of SSAB AB ADR:

  • The MRQ is 8.7%. The company is operating less efficient.
  • The TTM is 13.5%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ8.7%TTM13.5%-4.9%
TTM13.5%YOY-9.5%+23.0%
TTM13.5%5Y5.0%+8.5%
5Y5.0%10Y3.7%+1.3%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ8.7%5.9%+2.8%
TTM13.5%3.4%+10.1%
YOY-9.5%6.2%-15.7%
5Y5.0%5.6%-0.6%
10Y3.7%4.1%-0.4%
1.2.2. Operating Ratio

Measures how efficient Ssab is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of 0.91 means that the operating costs are $0.91 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of SSAB AB ADR:

  • The MRQ is 0.913. The company is less efficient in keeping operating costs low.
  • The TTM is 0.865. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.913TTM0.865+0.049
TTM0.865YOY1.099-0.235
TTM0.8655Y0.957-0.092
5Y0.95710Y0.967-0.011
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9131.706-0.793
TTM0.8651.645-0.780
YOY1.0991.488-0.389
5Y0.9571.527-0.570
10Y0.9671.306-0.339

1.3. Liquidity of SSAB AB ADR.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ssab is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 2.67 means the company has $2.67 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of SSAB AB ADR:

  • The MRQ is 2.675. The company is able to pay all its short-term debts. +1
  • The TTM is 2.612. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.675TTM2.612+0.063
TTM2.612YOY2.296+0.316
TTM2.6125Y1.991+0.622
5Y1.99110Y1.886+0.104
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6751.669+1.006
TTM2.6121.736+0.876
YOY2.2961.669+0.627
5Y1.9911.615+0.376
10Y1.8861.436+0.450
1.3.2. Quick Ratio

Measures if Ssab is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Ssab to the Steel industry mean.
  • A Quick Ratio of 1.51 means the company can pay off $1.51 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of SSAB AB ADR:

  • The MRQ is 1.505. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.435. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.505TTM1.435+0.070
TTM1.435YOY1.141+0.295
TTM1.4355Y0.941+0.494
5Y0.94110Y0.735+0.206
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5050.612+0.893
TTM1.4350.647+0.788
YOY1.1410.717+0.424
5Y0.9410.693+0.248
10Y0.7350.633+0.102

1.4. Solvency of SSAB AB ADR.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ssab assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ssab to Steel industry mean.
  • A Debt to Asset Ratio of 0.37 means that Ssab assets are financed with 37.0% credit (debt) and the remaining percentage (100% - 37.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of SSAB AB ADR:

  • The MRQ is 0.370. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.380. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.370TTM0.380-0.010
TTM0.380YOY0.344+0.036
TTM0.3805Y0.366+0.014
5Y0.36610Y0.406-0.040
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3700.447-0.077
TTM0.3800.449-0.069
YOY0.3440.477-0.133
5Y0.3660.487-0.121
10Y0.4060.510-0.104
1.4.2. Debt to Equity Ratio

Measures if Ssab is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ssab to the Steel industry mean.
  • A Debt to Equity ratio of 58.8% means that company has $0.59 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of SSAB AB ADR:

  • The MRQ is 0.588. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.614. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.588TTM0.614-0.026
TTM0.614YOY0.527+0.087
TTM0.6145Y0.580+0.034
5Y0.58010Y0.703-0.123
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5880.812-0.224
TTM0.6140.850-0.236
YOY0.5270.938-0.411
5Y0.5800.997-0.417
10Y0.7031.192-0.489

2. Market Valuation of SSAB AB ADR

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Ssab generates.

  • Above 15 is considered overpriced but always compare Ssab to the Steel industry mean.
  • A PE ratio of 115.25 means the investor is paying $115.25 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of SSAB AB ADR:

  • The EOD is 111.407. Based on the earnings, the company is expensive. -2
  • The MRQ is 115.248. Based on the earnings, the company is expensive. -2
  • The TTM is 32.457. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD111.407MRQ115.248-3.842
MRQ115.248TTM32.457+82.792
TTM32.457YOY1.663+30.794
TTM32.4575Y9.032+23.425
5Y9.03210Y7.284+1.748
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD111.4078.425+102.982
MRQ115.2487.908+107.340
TTM32.4577.165+25.292
YOY1.6636.986-5.323
5Y9.0328.371+0.661
10Y7.28411.042-3.758
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of SSAB AB ADR:

  • The EOD is 5.260. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 5.441. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 1.767. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.260MRQ5.441-0.181
MRQ5.441TTM1.767+3.674
TTM1.767YOY-0.752+2.520
TTM1.7675Y0.367+1.400
5Y0.36710Y0.370-0.003
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD5.2603.044+2.216
MRQ5.4412.954+2.487
TTM1.7672.082-0.315
YOY-0.7521.470-2.222
5Y0.3670.910-0.543
10Y0.3701.538-1.168
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ssab is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 1.21 means the investor is paying $1.21 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of SSAB AB ADR:

  • The EOD is 1.171. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.212. Based on the equity, the company is underpriced. +1
  • The TTM is 1.083. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.171MRQ1.212-0.040
MRQ1.212TTM1.083+0.129
TTM1.083YOY0.269+0.814
TTM1.0835Y0.575+0.509
5Y0.57510Y0.396+0.178
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD1.1711.005+0.166
MRQ1.2120.953+0.259
TTM1.0830.958+0.125
YOY0.2691.077-0.808
5Y0.5751.064-0.489
10Y0.3961.127-0.731
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of SSAB AB ADR compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.0040.038-110%-8.156+218764%0.025-115%-0.260+6878%
Book Value Per Share--3.2193.188+1%34.331-91%10.821-70%10.842-70%
Current Ratio--2.6752.612+2%2.296+17%1.991+34%1.886+42%
Debt To Asset Ratio--0.3700.380-3%0.344+8%0.366+1%0.406-9%
Debt To Equity Ratio--0.5880.614-4%0.527+11%0.580+1%0.703-16%
Dividend Per Share---1.088-100%1.312-100%0.817-100%0.496-100%
Eps--0.0080.129-93%-0.124+1568%0.036-76%0.025-67%
Free Cash Flow Per Share--0.1791.395-87%1.603-89%0.989-82%0.624-71%
Free Cash Flow To Equity Per Share---0.0360.343-110%1.516-102%0.646-106%0.504-107%
Gross Profit Margin--1.0001.0000%1.022-2%0.792+26%0.678+47%
Intrinsic Value_10Y_max--52.072--------
Intrinsic Value_10Y_min---36.825--------
Intrinsic Value_1Y_max--5.773--------
Intrinsic Value_1Y_min--1.454--------
Intrinsic Value_3Y_max--16.923--------
Intrinsic Value_3Y_min---0.061--------
Intrinsic Value_5Y_max--27.563--------
Intrinsic Value_5Y_min---6.418--------
Market Cap7514515041.280-996%82333333290.00025681358222.500+221%5524362100.000+1390%8243487184.500+899%4813477442.071+1610%
Net Profit Margin--0.0720.108-33%-0.140+295%0.023+210%0.018+298%
Operating Margin--0.0870.135-36%-0.095+210%0.050+73%0.037+131%
Operating Ratio--0.9130.865+6%1.099-17%0.957-5%0.967-6%
Pb Ratio1.171-3%1.2121.083+12%0.269+351%0.575+111%0.396+206%
Pe Ratio111.407-3%115.24832.457+255%1.663+6831%9.032+1176%7.284+1482%
Price Per Share3.770-3%3.9003.450+13%2.682+45%2.199+77%1.436+172%
Price To Free Cash Flow Ratio5.260-3%5.4411.767+208%-0.752+114%0.367+1382%0.370+1370%
Price To Total Gains Ratio-1011.671+3%-1046.556-250.176-76%0.297-352038%-55.168-95%-39.692-96%
Quick Ratio--1.5051.435+5%1.141+32%0.941+60%0.735+105%
Return On Assets--0.0020.025-93%-0.065+4028%-0.003+276%0.000+1277%
Return On Equity--0.0030.041-94%-0.107+4157%-0.005+295%0.000+286518%
Total Gains Per Share---0.0041.126-100%-6.844+183546%0.843-100%0.236-102%
Usd Book Value--67948000000.00021895445000.000+210%70708715000.000-4%25352310200.000+168%26796719100.000+154%
Usd Book Value Change Per Share---0.0040.038-110%-8.156+218764%0.025-115%-0.260+6878%
Usd Book Value Per Share--3.2193.188+1%34.331-91%10.821-70%10.842-70%
Usd Dividend Per Share---1.088-100%1.312-100%0.817-100%0.496-100%
Usd Eps--0.0080.129-93%-0.124+1568%0.036-76%0.025-67%
Usd Free Cash Flow--3783000000.0003726750000.000+2%3302000000.000+15%2208500000.000+71%1436250000.000+163%
Usd Free Cash Flow Per Share--0.1791.395-87%1.603-89%0.989-82%0.624-71%
Usd Free Cash Flow To Equity Per Share---0.0360.343-110%1.516-102%0.646-106%0.504-107%
Usd Market Cap7514515041.280-996%82333333290.00025681358222.500+221%5524362100.000+1390%8243487184.500+899%4813477442.071+1610%
Usd Price Per Share3.770-3%3.9003.450+13%2.682+45%2.199+77%1.436+172%
Usd Profit--178600000.000306158000.000-42%-255821000.000+243%81643700.000+119%52275750.000+242%
Usd Revenue--2488086000.0002807991500.000-11%2937006500.000-15%2263924200.000+10%1837488500.000+35%
Usd Total Gains Per Share---0.0041.126-100%-6.844+183546%0.843-100%0.236-102%
 EOD+5 -3MRQTTM+11 -24YOY+18 -185Y+15 -2110Y+19 -17

3.2. Fundamental Score

Let's check the fundamental score of SSAB AB ADR based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15111.407
Price to Book Ratio (EOD)Between0-11.171
Net Profit Margin (MRQ)Greater than00.072
Operating Margin (MRQ)Greater than00.087
Quick Ratio (MRQ)Greater than11.505
Current Ratio (MRQ)Greater than12.675
Debt to Asset Ratio (MRQ)Less than10.370
Debt to Equity Ratio (MRQ)Less than10.588
Return on Equity (MRQ)Greater than0.150.003
Return on Assets (MRQ)Greater than0.050.002
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of SSAB AB ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.625
Ma 20Greater thanMa 503.721
Ma 50Greater thanMa 1003.752
Ma 100Greater thanMa 2003.681
OpenGreater thanClose3.800
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. All numbers in thousands.

Summary
Total Assets107,839,000
Total Liabilities39,891,000
Total Stockholder Equity67,872,000
 As reported
Total Liabilities 39,891,000
Total Stockholder Equity+ 67,872,000
Total Assets = 107,839,000

Assets

Total Assets107,839,000
Total Current Assets74,291,000
Long-term Assets33,548,000
Total Current Assets
Cash And Cash Equivalents 28,916,000
Net Receivables 12,891,000
Inventory 32,485,000
Other Current Assets -1,000
Total Current Assets  (as reported)74,291,000
Total Current Assets  (calculated)74,291,000
+/-0
Long-term Assets
Property Plant Equipment 30,042,000
Intangible Assets 1,496,000
Long-term Assets  (as reported)33,548,000
Long-term Assets  (calculated)31,538,000
+/- 2,010,000

Liabilities & Shareholders' Equity

Total Current Liabilities27,773,000
Long-term Liabilities12,118,000
Total Stockholder Equity67,872,000
Total Current Liabilities
Short-term Debt 2,192,000
Accounts payable 17,001,000
Other Current Liabilities 7,445,000
Total Current Liabilities  (as reported)27,773,000
Total Current Liabilities  (calculated)26,638,000
+/- 1,135,000
Long-term Liabilities
Long-term Liabilities  (as reported)12,118,000
Long-term Liabilities  (calculated)0
+/- 12,118,000
Total Stockholder Equity
Common Stock9,063,000
Retained Earnings 21,993,000
Other Stockholders Equity 36,816,000
Total Stockholder Equity (as reported)67,872,000
Total Stockholder Equity (calculated)67,872,000
+/-0
Other
Cash and Short Term Investments 28,916,000
Common Stock Shares Outstanding 21,111,111
Current Deferred Revenue1,135,000
Liabilities and Stockholders Equity 107,839,000
Net Debt -18,294,000
Short Long Term Debt Total 10,622,000



Balance Sheet

All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-31
> Total Assets 
0
0
0
60,419,000
59,758,000
64,527,000
60,623,000
61,053,000
59,101,000
59,972,000
64,130,000
63,439,000
60,639,000
62,437,000
59,299,000
58,619,000
58,379,000
58,876,000
56,470,000
55,936,000
57,433,000
63,022,000
91,270,000
89,727,000
92,064,000
89,110,000
87,775,000
85,158,000
83,897,000
87,795,000
88,572,000
90,913,000
90,560,000
89,773,000
89,506,000
87,476,000
89,754,000
91,703,000
93,917,000
92,487,000
97,771,000
99,565,000
100,774,000
93,978,000
103,882,000
95,779,000
92,859,000
88,601,000
92,780,000
97,234,000
104,623,000
112,019,000
123,870,000
139,324,000
148,364,000
109,711,000
112,846,000
112,646,000
113,241,000
107,839,000
107,839,000113,241,000112,646,000112,846,000109,711,000148,364,000139,324,000123,870,000112,019,000104,623,00097,234,00092,780,00088,601,00092,859,00095,779,000103,882,00093,978,000100,774,00099,565,00097,771,00092,487,00093,917,00091,703,00089,754,00087,476,00089,506,00089,773,00090,560,00090,913,00088,572,00087,795,00083,897,00085,158,00087,775,00089,110,00092,064,00089,727,00091,270,00063,022,00057,433,00055,936,00056,470,00058,876,00058,379,00058,619,00059,299,00062,437,00060,639,00063,439,00064,130,00059,972,00059,101,00061,053,00060,623,00064,527,00059,758,00060,419,000000
   > Total Current Assets 
0
0
0
17,640,000
17,053,000
19,374,000
20,335,000
20,407,000
20,819,000
21,279,000
22,511,000
21,040,000
19,686,000
20,132,000
18,994,000
18,363,000
17,767,000
17,710,000
17,091,000
17,022,000
19,496,000
23,872,000
32,036,000
29,528,000
29,580,000
28,851,000
26,735,000
25,177,000
25,097,000
27,788,000
28,263,000
30,444,000
31,842,000
33,314,000
34,746,000
32,522,000
33,690,000
33,717,000
36,969,000
35,284,000
37,655,000
39,216,000
38,809,000
33,424,000
39,677,000
35,357,000
34,017,000
33,758,000
36,120,000
41,195,000
47,435,000
53,193,000
63,825,000
74,090,000
79,193,000
77,275,000
79,444,000
78,676,000
79,343,000
74,291,000
74,291,00079,343,00078,676,00079,444,00077,275,00079,193,00074,090,00063,825,00053,193,00047,435,00041,195,00036,120,00033,758,00034,017,00035,357,00039,677,00033,424,00038,809,00039,216,00037,655,00035,284,00036,969,00033,717,00033,690,00032,522,00034,746,00033,314,00031,842,00030,444,00028,263,00027,788,00025,097,00025,177,00026,735,00028,851,00029,580,00029,528,00032,036,00023,872,00019,496,00017,022,00017,091,00017,710,00017,767,00018,363,00018,994,00020,132,00019,686,00021,040,00022,511,00021,279,00020,819,00020,407,00020,335,00019,374,00017,053,00017,640,000000
       Cash And Cash Equivalents 
0
0
0
3,652,000
2,097,000
1,345,000
790,000
1,314,000
1,129,000
705,000
1,039,000
1,648,000
1,670,000
1,900,000
2,166,000
3,004,000
2,119,000
2,046,000
2,193,000
2,124,000
2,689,000
7,465,000
6,422,000
3,014,000
1,848,000
2,275,000
1,420,000
2,711,000
2,629,000
4,554,000
3,801,000
3,879,000
3,371,000
3,687,000
4,865,000
4,249,000
3,862,000
2,134,000
4,148,000
2,598,000
4,873,000
4,427,000
4,266,000
3,591,000
7,012,000
5,559,000
5,412,000
7,051,000
5,507,000
8,058,000
9,594,000
13,796,000
17,348,000
16,204,000
17,649,000
24,900,000
27,008,000
24,517,000
27,715,000
28,916,000
28,916,00027,715,00024,517,00027,008,00024,900,00017,649,00016,204,00017,348,00013,796,0009,594,0008,058,0005,507,0007,051,0005,412,0005,559,0007,012,0003,591,0004,266,0004,427,0004,873,0002,598,0004,148,0002,134,0003,862,0004,249,0004,865,0003,687,0003,371,0003,879,0003,801,0004,554,0002,629,0002,711,0001,420,0002,275,0001,848,0003,014,0006,422,0007,465,0002,689,0002,124,0002,193,0002,046,0002,119,0003,004,0002,166,0001,900,0001,670,0001,648,0001,039,000705,0001,129,0001,314,000790,0001,345,0002,097,0003,652,000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,226,000
0
0
0
9,714,000
0
0
0
9,371,000
10,304,000
10,508,000
10,483,000
9,098,000
10,484,000
11,394,000
11,265,000
9,935,000
9,737,000
9,557,000
8,752,000
8,227,000
10,035,000
8,516,000
8,628,000
7,897,000
10,909,000
12,418,000
13,492,000
11,817,000
16,964,000
19,353,000
19,810,000
14,467,000
16,517,000
17,538,000
16,019,000
12,891,000
12,891,00016,019,00017,538,00016,517,00014,467,00019,810,00019,353,00016,964,00011,817,00013,492,00012,418,00010,909,0007,897,0008,628,0008,516,00010,035,0008,227,0008,752,0009,557,0009,737,0009,935,00011,265,00011,394,00010,484,0009,098,00010,483,00010,508,00010,304,0009,371,0000009,714,00000012,226,00000000000000000000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
85,000
0
0
0
61,000
0
0
0
2,193,000
2,569,000
2,674,000
2,627,000
2,676,000
2,996,000
2,612,000
2,366,000
2,615,000
1,627,000
1,494,000
2,619,000
960,000
2,565,000
1,153,000
1,143,000
1,102,000
1,241,000
1,065,000
1,264,000
1,691,000
1,606,000
2,583,000
1,000
1,000
1,000
1,000
0
-1,000
-1,00001,0001,0001,0001,0002,583,0001,606,0001,691,0001,264,0001,065,0001,241,0001,102,0001,143,0001,153,0002,565,000960,0002,619,0001,494,0001,627,0002,615,0002,366,0002,612,0002,996,0002,676,0002,627,0002,674,0002,569,0002,193,00000061,00000085,00000000000000000000000000
   > Long-term Assets 
0
0
0
42,779,000
42,705,000
45,153,000
40,288,000
40,646,000
38,282,000
38,693,000
41,619,000
42,399,000
40,953,000
42,305,000
40,305,000
40,256,000
40,612,000
41,166,000
39,379,000
38,914,000
37,937,000
39,150,000
59,234,000
60,199,000
62,484,000
60,259,000
61,040,000
59,981,000
58,800,000
60,007,000
60,309,000
60,469,000
58,718,000
56,459,000
54,760,000
54,954,000
56,064,000
57,986,000
56,947,000
57,202,000
60,114,000
60,349,000
61,965,000
60,554,000
64,206,000
60,422,000
58,841,000
54,843,000
56,659,000
56,039,000
57,188,000
58,824,000
60,045,000
65,233,000
69,172,000
32,436,000
33,403,000
33,970,000
33,898,000
33,548,000
33,548,00033,898,00033,970,00033,403,00032,436,00069,172,00065,233,00060,045,00058,824,00057,188,00056,039,00056,659,00054,843,00058,841,00060,422,00064,206,00060,554,00061,965,00060,349,00060,114,00057,202,00056,947,00057,986,00056,064,00054,954,00054,760,00056,459,00058,718,00060,469,00060,309,00060,007,00058,800,00059,981,00061,040,00060,259,00062,484,00060,199,00059,234,00039,150,00037,937,00038,914,00039,379,00041,166,00040,612,00040,256,00040,305,00042,305,00040,953,00042,399,00041,619,00038,693,00038,282,00040,646,00040,288,00045,153,00042,705,00042,779,000000
       Property Plant Equipment 
0
0
0
17,137,000
17,106,000
17,687,000
16,748,000
17,063,000
16,639,000
17,086,000
18,306,000
18,693,000
18,315,000
18,583,000
17,889,000
17,610,000
17,300,000
17,226,000
16,596,000
16,467,000
16,191,000
16,300,000
26,380,000
26,570,000
27,109,000
26,535,000
26,786,000
26,276,000
25,955,000
26,046,000
25,848,000
25,866,000
25,250,000
24,423,000
23,841,000
23,931,000
24,068,000
24,388,000
23,714,000
23,953,000
26,071,000
26,256,000
26,428,000
26,531,000
27,658,000
26,255,000
25,597,000
24,365,000
24,477,000
24,502,000
24,672,000
25,501,000
25,666,000
26,886,000
27,772,000
28,413,000
29,088,000
30,027,000
30,105,000
30,042,000
30,042,00030,105,00030,027,00029,088,00028,413,00027,772,00026,886,00025,666,00025,501,00024,672,00024,502,00024,477,00024,365,00025,597,00026,255,00027,658,00026,531,00026,428,00026,256,00026,071,00023,953,00023,714,00024,388,00024,068,00023,931,00023,841,00024,423,00025,250,00025,866,00025,848,00026,046,00025,955,00026,276,00026,786,00026,535,00027,109,00026,570,00026,380,00016,300,00016,191,00016,467,00016,596,00017,226,00017,300,00017,610,00017,889,00018,583,00018,315,00018,693,00018,306,00017,086,00016,639,00017,063,00016,748,00017,687,00017,106,00017,137,000000
       Goodwill 
0
0
0
19,701,000
19,756,000
21,220,000
18,373,000
18,643,000
17,219,000
17,347,000
18,825,000
18,911,000
18,122,000
0
0
17,882,000
17,888,000
18,467,000
17,613,000
17,762,000
17,827,000
18,511,000
26,227,000
26,421,000
28,682,000
27,488,000
27,949,000
27,871,000
27,208,000
28,241,000
28,712,000
29,909,000
29,499,000
28,275,000
27,531,000
27,730,000
28,345,000
30,126,000
29,883,000
29,994,000
30,962,000
31,128,000
32,675,000
31,279,000
0
0
0
27,873,000
0
0
0
30,375,000
0
0
0
352,000
0
0
0
0
0000352,00000030,375,00000027,873,00000031,279,00032,675,00031,128,00030,962,00029,994,00029,883,00030,126,00028,345,00027,730,00027,531,00028,275,00029,499,00029,909,00028,712,00028,241,00027,208,00027,871,00027,949,00027,488,00028,682,00026,421,00026,227,00018,511,00017,827,00017,762,00017,613,00018,467,00017,888,00017,882,0000018,122,00018,911,00018,825,00017,347,00017,219,00018,643,00018,373,00021,220,00019,756,00019,701,000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
954,000
979,000
994,000
885,000
1,077,000
1,114,000
1,112,000
976,000
1,199,000
1,284,000
1,227,000
1,020,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000001,020,0001,227,0001,284,0001,199,000976,0001,112,0001,114,0001,077,000885,000994,000979,000954,00000000000000000000000000000000000
       Intangible Assets 
0
0
0
5,374,000
5,180,000
5,333,000
4,431,000
4,309,000
3,809,000
3,664,000
3,779,000
3,638,000
3,304,000
0
0
2,734,000
2,555,000
2,451,000
2,226,000
2,149,000
2,055,000
2,030,000
2,411,000
3,964,000
3,967,000
3,658,000
3,519,000
3,290,000
3,061,000
2,959,000
2,824,000
2,704,000
2,491,000
2,267,000
2,066,000
1,918,000
1,818,000
1,727,000
1,581,000
1,444,000
1,311,000
1,166,000
1,107,000
1,229,000
0
0
0
1,022,000
0
0
0
1,080,000
0
0
37,792,000
1,066,000
1,977,000
1,547,000
1,506,000
1,496,000
1,496,0001,506,0001,547,0001,977,0001,066,00037,792,000001,080,0000001,022,0000001,229,0001,107,0001,166,0001,311,0001,444,0001,581,0001,727,0001,818,0001,918,0002,066,0002,267,0002,491,0002,704,0002,824,0002,959,0003,061,0003,290,0003,519,0003,658,0003,967,0003,964,0002,411,0002,030,0002,055,0002,149,0002,226,0002,451,0002,555,0002,734,000003,304,0003,638,0003,779,0003,664,0003,809,0004,309,0004,431,0005,333,0005,180,0005,374,000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
524,000
515,000
328,000
490,000
756,000
631,000
1,000
1,000
2,000
515,000
527,000
494,000
-1,000
321,000
1,000
380,000
1,000
226,000
339,000
2,000
811,000
1,000
-1,000
0
-1,000
1,068,000
0
0
001,068,000-1,0000-1,0001,000811,0002,000339,000226,0001,000380,0001,000321,000-1,000494,000527,000515,0002,0001,0001,000631,000756,000490,000328,000515,000524,00000000000000000000000000000000000
> Total Liabilities 
0
0
0
29,417,000
28,879,000
31,520,000
30,829,000
30,977,000
30,396,000
31,343,000
33,504,000
32,671,000
31,199,000
31,272,000
30,074,000
29,850,000
29,772,000
30,056,000
29,186,000
28,787,000
30,250,000
34,849,000
47,587,000
45,848,000
45,781,000
43,822,000
42,401,000
40,717,000
40,071,000
37,438,000
36,841,000
37,973,000
37,553,000
37,080,000
36,938,000
34,182,000
34,433,000
33,449,000
35,329,000
32,972,000
35,527,000
37,548,000
36,297,000
33,561,000
39,329,000
35,526,000
34,761,000
34,505,000
34,359,000
36,787,000
38,140,000
38,511,000
42,345,000
47,354,000
45,340,000
42,521,000
42,350,000
44,875,000
42,638,000
39,891,000
39,891,00042,638,00044,875,00042,350,00042,521,00045,340,00047,354,00042,345,00038,511,00038,140,00036,787,00034,359,00034,505,00034,761,00035,526,00039,329,00033,561,00036,297,00037,548,00035,527,00032,972,00035,329,00033,449,00034,433,00034,182,00036,938,00037,080,00037,553,00037,973,00036,841,00037,438,00040,071,00040,717,00042,401,00043,822,00045,781,00045,848,00047,587,00034,849,00030,250,00028,787,00029,186,00030,056,00029,772,00029,850,00030,074,00031,272,00031,199,00032,671,00033,504,00031,343,00030,396,00030,977,00030,829,00031,520,00028,879,00029,417,000000
   > Total Current Liabilities 
0
0
0
8,706,000
8,098,000
10,271,000
10,680,000
8,985,000
9,297,000
10,154,000
11,545,000
9,971,000
11,524,000
7,857,000
7,417,000
7,001,000
6,955,000
7,718,000
7,523,000
9,095,000
9,511,000
10,270,000
20,730,000
20,327,000
20,134,000
17,354,000
15,208,000
16,506,000
15,658,000
13,485,000
12,715,000
16,924,000
18,005,000
20,122,000
20,814,000
16,318,000
16,628,000
20,618,000
20,965,000
21,306,000
23,409,000
23,695,000
22,976,000
20,118,000
25,116,000
21,618,000
21,985,000
22,325,000
21,968,000
24,064,000
25,322,000
25,774,000
29,407,000
34,650,000
33,762,000
30,546,000
29,717,000
31,867,000
30,146,000
27,773,000
27,773,00030,146,00031,867,00029,717,00030,546,00033,762,00034,650,00029,407,00025,774,00025,322,00024,064,00021,968,00022,325,00021,985,00021,618,00025,116,00020,118,00022,976,00023,695,00023,409,00021,306,00020,965,00020,618,00016,628,00016,318,00020,814,00020,122,00018,005,00016,924,00012,715,00013,485,00015,658,00016,506,00015,208,00017,354,00020,134,00020,327,00020,730,00010,270,0009,511,0009,095,0007,523,0007,718,0006,955,0007,001,0007,417,0007,857,00011,524,0009,971,00011,545,00010,154,0009,297,0008,985,00010,680,00010,271,0008,098,0008,706,000000
       Short-term Debt 
0
0
0
3,998,000
2,161,000
2,026,000
3,099,000
2,977,000
3,167,000
3,559,000
4,369,000
3,607,000
4,401,000
1,645,000
1,218,000
1,115,000
1,121,000
1,287,000
1,262,000
2,568,000
3,119,000
3,446,000
9,406,000
8,496,000
8,024,000
6,339,000
4,952,000
6,363,000
5,984,000
2,983,000
2,014,000
4,497,000
4,781,000
6,460,000
6,548,000
2,011,000
2,117,000
4,986,000
3,572,000
3,523,000
5,734,000
4,811,000
3,744,000
3,360,000
8,579,000
6,514,000
7,354,000
6,612,000
3,951,000
3,772,000
2,385,000
2,100,000
1,920,000
1,018,000
2,647,000
2,573,000
2,687,000
3,876,000
2,134,000
2,192,000
2,192,0002,134,0003,876,0002,687,0002,573,0002,647,0001,018,0001,920,0002,100,0002,385,0003,772,0003,951,0006,612,0007,354,0006,514,0008,579,0003,360,0003,744,0004,811,0005,734,0003,523,0003,572,0004,986,0002,117,0002,011,0006,548,0006,460,0004,781,0004,497,0002,014,0002,983,0005,984,0006,363,0004,952,0006,339,0008,024,0008,496,0009,406,0003,446,0003,119,0002,568,0001,262,0001,287,0001,121,0001,115,0001,218,0001,645,0004,401,0003,607,0004,369,0003,559,0003,167,0002,977,0003,099,0002,026,0002,161,0003,998,000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
22,756,000
21,837,000
21,083,000
1,727,000
17,776,000
16,100,000
0
3,447,000
0
0
0
2,756,000
7,878,000
5,836,000
6,696,000
5,960,000
3,274,000
3,073,000
1,697,000
1,430,000
1,256,000
328,000
1,939,000
1,882,000
1,937,000
3,080,000
1,387,000
0
01,387,0003,080,0001,937,0001,882,0001,939,000328,0001,256,0001,430,0001,697,0003,073,0003,274,0005,960,0006,696,0005,836,0007,878,0002,756,0000003,447,000016,100,00017,776,0001,727,00021,083,00021,837,00022,756,00000000000000000000000000000000000
       Accounts payable 
0
0
0
3,063,000
3,376,000
5,424,000
4,613,000
4,048,000
3,871,000
4,090,000
4,078,000
4,296,000
4,067,000
3,946,000
3,542,000
3,470,000
3,478,000
4,118,000
4,162,000
4,578,000
4,244,000
4,498,000
6,784,000
7,000,000
6,932,000
6,888,000
6,279,000
6,334,000
5,773,000
6,191,000
6,650,000
8,224,000
9,098,000
9,514,000
9,985,000
10,215,000
10,315,000
11,491,000
13,042,000
13,375,000
12,785,000
14,177,000
14,527,000
12,067,000
11,259,000
10,397,000
10,188,000
11,068,000
13,076,000
14,280,000
15,990,000
16,219,000
17,547,000
23,380,000
21,068,000
19,566,000
17,420,000
19,093,000
18,868,000
17,001,000
17,001,00018,868,00019,093,00017,420,00019,566,00021,068,00023,380,00017,547,00016,219,00015,990,00014,280,00013,076,00011,068,00010,188,00010,397,00011,259,00012,067,00014,527,00014,177,00012,785,00013,375,00013,042,00011,491,00010,315,00010,215,0009,985,0009,514,0009,098,0008,224,0006,650,0006,191,0005,773,0006,334,0006,279,0006,888,0006,932,0007,000,0006,784,0004,498,0004,244,0004,578,0004,162,0004,118,0003,478,0003,470,0003,542,0003,946,0004,067,0004,296,0004,078,0004,090,0003,871,0004,048,0004,613,0005,424,0003,376,0003,063,000000
       Other Current Liabilities 
0
0
0
1,645,000
2,561,000
2,821,000
2,968,000
1,960,000
2,259,000
2,505,000
3,098,000
2,068,000
3,056,000
2,266,000
2,657,000
2,416,000
2,356,000
2,313,000
2,099,000
1,949,000
2,148,000
2,326,000
4,540,000
4,831,000
5,178,000
4,127,000
3,977,000
3,809,000
3,901,000
4,311,000
4,051,000
4,203,000
4,126,000
4,148,000
4,281,000
4,092,000
4,196,000
4,141,000
4,351,000
4,408,000
4,890,000
4,707,000
4,705,000
4,691,000
5,278,000
4,707,000
4,443,000
4,645,000
4,941,000
6,012,000
6,947,000
7,455,000
7,536,000
7,317,000
7,220,000
6,142,000
8,073,000
7,773,000
7,887,000
7,445,000
7,445,0007,887,0007,773,0008,073,0006,142,0007,220,0007,317,0007,536,0007,455,0006,947,0006,012,0004,941,0004,645,0004,443,0004,707,0005,278,0004,691,0004,705,0004,707,0004,890,0004,408,0004,351,0004,141,0004,196,0004,092,0004,281,0004,148,0004,126,0004,203,0004,051,0004,311,0003,901,0003,809,0003,977,0004,127,0005,178,0004,831,0004,540,0002,326,0002,148,0001,949,0002,099,0002,313,0002,356,0002,416,0002,657,0002,266,0003,056,0002,068,0003,098,0002,505,0002,259,0001,960,0002,968,0002,821,0002,561,0001,645,000000
   > Long-term Liabilities 
0
0
0
20,711,000
20,781,000
21,249,000
20,149,000
21,992,000
21,099,000
21,189,000
21,959,000
22,700,000
19,675,000
23,415,000
22,657,000
22,849,000
22,817,000
22,338,000
21,663,000
19,692,000
20,739,000
24,579,000
26,857,000
25,521,000
25,647,000
26,468,000
27,193,000
24,211,000
24,413,000
23,953,000
24,126,000
21,049,000
19,548,000
16,958,000
16,124,000
17,864,000
17,805,000
12,831,000
14,364,000
11,666,000
12,118,000
13,853,000
13,321,000
13,443,000
14,213,000
13,908,000
12,776,000
12,180,000
12,391,000
12,723,000
12,818,000
12,737,000
12,938,000
12,704,000
11,578,000
11,975,000
12,633,000
13,008,000
12,492,000
12,118,000
12,118,00012,492,00013,008,00012,633,00011,975,00011,578,00012,704,00012,938,00012,737,00012,818,00012,723,00012,391,00012,180,00012,776,00013,908,00014,213,00013,443,00013,321,00013,853,00012,118,00011,666,00014,364,00012,831,00017,805,00017,864,00016,124,00016,958,00019,548,00021,049,00024,126,00023,953,00024,413,00024,211,00027,193,00026,468,00025,647,00025,521,00026,857,00024,579,00020,739,00019,692,00021,663,00022,338,00022,817,00022,849,00022,657,00023,415,00019,675,00022,700,00021,959,00021,189,00021,099,00021,992,00020,149,00021,249,00020,781,00020,711,000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,573,000
1,581,000
1,589,000
1,811,000
2,146,000
1,716,000
1,835,000
1,973,000
1,723,000
1,541,000
1,256,000
1,566,000
1,554,000
1,422,000
1,154,000
1,349,000
1,281,000
1,352,000
1,406,000
2,325,000
2,463,000
2,937,000
3,261,000
3,870,000
0
0
0
0
00003,870,0003,261,0002,937,0002,463,0002,325,0001,406,0001,352,0001,281,0001,349,0001,154,0001,422,0001,554,0001,566,0001,256,0001,541,0001,723,0001,973,0001,835,0001,716,0002,146,0001,811,0001,589,0001,581,0001,573,00000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
30,841,000
30,724,000
32,831,000
29,605,000
29,885,000
28,547,000
28,629,000
30,626,000
30,768,000
29,440,000
31,165,000
29,225,000
28,769,000
28,607,000
28,820,000
27,261,000
27,126,000
27,160,000
28,149,000
43,630,000
43,817,000
46,223,000
45,241,000
45,325,000
44,393,000
43,777,000
50,305,000
51,677,000
52,891,000
52,955,000
52,642,000
52,516,000
53,231,000
55,250,000
58,181,000
58,512,000
59,437,000
62,113,000
61,918,000
64,371,000
60,314,000
64,447,000
60,146,000
57,987,000
53,987,000
58,305,000
60,392,000
66,428,000
73,477,000
81,468,000
91,918,000
102,961,000
67,124,000
70,417,000
67,689,000
70,525,000
67,872,000
67,872,00070,525,00067,689,00070,417,00067,124,000102,961,00091,918,00081,468,00073,477,00066,428,00060,392,00058,305,00053,987,00057,987,00060,146,00064,447,00060,314,00064,371,00061,918,00062,113,00059,437,00058,512,00058,181,00055,250,00053,231,00052,516,00052,642,00052,955,00052,891,00051,677,00050,305,00043,777,00044,393,00045,325,00045,241,00046,223,00043,817,00043,630,00028,149,00027,160,00027,126,00027,261,00028,820,00028,607,00028,769,00029,225,00031,165,00029,440,00030,768,00030,626,00028,629,00028,547,00029,885,00029,605,00032,831,00030,724,00030,841,000000
   Common Stock
0
0
0
2,851,000
0
0
0
2,851,000
0
0
0
2,851,000
0
0
0
2,851,000
2,851,000
2,851,000
2,851,000
2,851,000
2,851,000
2,851,000
4,833,000
4,833,000
4,833,000
4,833,000
4,833,000
4,833,000
4,833,000
9,062,000
9,062,000
9,062,000
9,062,000
9,062,000
9,062,000
9,062,000
9,062,000
9,062,000
9,062,000
9,062,000
9,062,000
9,062,000
9,062,000
9,062,000
9,062,000
9,063,000
9,063,000
9,063,000
9,063,000
9,063,000
9,063,000
9,063,000
9,063,000
9,063,000
9,063,000
9,063,000
9,063,000
9,063,000
9,063,000
9,063,000
9,063,0009,063,0009,063,0009,063,0009,063,0009,063,0009,063,0009,063,0009,063,0009,063,0009,063,0009,063,0009,063,0009,063,0009,063,0009,062,0009,062,0009,062,0009,062,0009,062,0009,062,0009,062,0009,062,0009,062,0009,062,0009,062,0009,062,0009,062,0009,062,0009,062,0009,062,0004,833,0004,833,0004,833,0004,833,0004,833,0004,833,0004,833,0002,851,0002,851,0002,851,0002,851,0002,851,0002,851,0002,851,0000002,851,0000002,851,0000002,851,000000
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
21,650,000
15,890,000
15,447,000
17,736,000
16,997,000
0
016,997,00017,736,00015,447,00015,890,00021,650,000000000000000000000000000000000000000000000000000000000
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
9,028,000
0
0
0
7,897,000
0
0
0
8,175,000
0
0
0
6,816,000
6,791,000
7,472,000
6,433,000
6,555,000
6,643,000
7,499,000
21,131,000
22,785,000
24,907,000
23,684,000
24,073,000
23,700,000
23,265,000
25,186,000
25,971,000
27,025,000
26,594,000
25,380,000
24,680,000
25,062,000
3,378,000
29,055,000
28,482,000
28,737,000
30,153,000
30,531,000
32,996,000
30,051,000
33,955,000
30,007,000
28,591,000
24,269,000
27,039,000
25,962,000
27,503,000
29,116,000
31,044,000
38,708,000
23,022,000
23,022,000
23,022,000
23,021,000
23,022,000
36,816,000
36,816,00023,022,00023,021,00023,022,00023,022,00023,022,00038,708,00031,044,00029,116,00027,503,00025,962,00027,039,00024,269,00028,591,00030,007,00033,955,00030,051,00032,996,00030,531,00030,153,00028,737,00028,482,00029,055,0003,378,00025,062,00024,680,00025,380,00026,594,00027,025,00025,971,00025,186,00023,265,00023,700,00024,073,00023,684,00024,907,00022,785,00021,131,0007,499,0006,643,0006,555,0006,433,0007,472,0006,791,0006,816,0000008,175,0000007,897,0000009,028,000000



Balance Sheet

All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in SEK. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue119,489,000
Cost of Revenue-96,936,000
Gross Profit22,553,00022,553,000
 
Operating Income (+$)
Gross Profit22,553,000
Operating Expense-6,048,000
Operating Income16,505,00016,505,000
 
Operating Expense (+$)
Research Development-
Selling General Administrative5,970,000
Selling And Marketing Expenses-
Operating Expense6,048,0005,970,000
 
Net Interest Income (+$)
Interest Income-
Interest Expense--
Other Finance Cost-253,000
Net Interest Income253,000
 
Pretax Income (+$)
Operating Income16,505,000
Net Interest Income253,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)16,745,00016,265,000
EBIT - interestExpense = 16,505,000
16,706,000
13,029,000
Interest Expense-
Earnings Before Interest and Taxes (EBIT)16,505,00016,745,000
Earnings Before Interest and Taxes (EBITDA)20,179,000
 
After tax Income (+$)
Income Before Tax16,745,000
Tax Provision-3,864,000
Net Income From Continuing Ops-18,854,00012,881,000
Net Income13,029,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses102,984,000
Total Other Income/Expenses Net240,000-253,000
 

Technical Analysis of Ssab
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Ssab. The general trend of Ssab is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Ssab's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of SSAB AB ADR.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 4.01.

The bearish price targets are: 3.5 > 3.49 > 3.49.

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SSAB AB ADR Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of SSAB AB ADR. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

SSAB AB ADR Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of SSAB AB ADR. The current macd is 0.00254275.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ssab price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Ssab. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Ssab price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
SSAB AB ADR Daily Moving Average Convergence/Divergence (MACD) ChartSSAB AB ADR Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of SSAB AB ADR. The current adx is 16.17.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Ssab shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
SSAB AB ADR Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of SSAB AB ADR. The current sar is 3.58208617.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
SSAB AB ADR Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of SSAB AB ADR. The current rsi is 50.63. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
SSAB AB ADR Daily Relative Strength Index (RSI) ChartSSAB AB ADR Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of SSAB AB ADR. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Ssab price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
SSAB AB ADR Daily Stochastic Oscillator ChartSSAB AB ADR Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of SSAB AB ADR. The current cci is 45.78.

SSAB AB ADR Daily Commodity Channel Index (CCI) ChartSSAB AB ADR Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of SSAB AB ADR. The current cmo is 2.08515461.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
SSAB AB ADR Daily Chande Momentum Oscillator (CMO) ChartSSAB AB ADR Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of SSAB AB ADR. The current willr is -40.54054054.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Ssab is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
SSAB AB ADR Daily Williams %R ChartSSAB AB ADR Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of SSAB AB ADR.

SSAB AB ADR Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of SSAB AB ADR. The current atr is 0.06221364.

SSAB AB ADR Daily Average True Range (ATR) ChartSSAB AB ADR Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of SSAB AB ADR. The current obv is 69,788.

SSAB AB ADR Daily On-Balance Volume (OBV) ChartSSAB AB ADR Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of SSAB AB ADR. The current mfi is 42.63.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
SSAB AB ADR Daily Money Flow Index (MFI) ChartSSAB AB ADR Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for SSAB AB ADR.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-15ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-27MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-01ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-14ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-11MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-12MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-01WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-25ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

SSAB AB ADR Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of SSAB AB ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.625
Ma 20Greater thanMa 503.721
Ma 50Greater thanMa 1003.752
Ma 100Greater thanMa 2003.681
OpenGreater thanClose3.800
Total4/5 (80.0%)
Penke

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