
Technical analysis of Sandvik AB (publ) (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Sandvik AB (publ) is an engineering company founded in 1862 and headquartered in Stockholm, Sweden, operating in the industrial sector. The company provides equipment and solutions for mining, rock excavation, metal cutting, and materials technology, serving industries such as aerospace, automotive, general engineering, and infrastructure. Its products include drill rigs and bolters, underground loaders and trucks, cutting tools, rock drills and tools, crushing and screening equipment, as well as metal powders for additive manufacturing and recycling services.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 3, 2026, computed on the last 12 months of prices.
21 sessions
373.82 SEK
+1.71%
50 sessions
372.82 SEK
+1.98%
200 sessions
354.46 SEK
+7.26%
s2
363.50
Support
s1
366.80
Support
pivot
369.50
Pivot
r1
372.80
Resistance
r2
375.50
Resistance
In the September 3, 2026 session Sandvik AB (publ) closed higher at 380.20 SEK, +2.73% versus the previous session.
The price sits above every moving average observed: +1.71% against the 21-session average, +1.98% against the 50 and +7.26% against the 200.
The 14-period RSI reads 53.7, in neutral territory.
MACD stands at 4.009 against a signal line at 3.904: the histogram is positive (+0.105).
ADX reads 18.4, indicating weak directionality.
Levels computed on the latest session place supports at 366.80 and 363.50 SEK and resistances at 372.80 and 375.50 SEK, around a pivot of 369.50.
The average daily range (ATR) is 9.675 SEK, or 2.54% of price.
Turnover was 1.4M shares, 86% of the 20-session average.
Over the last twelve months the price ranged between 316.58 and 413.10 SEK, and today stands −7.96% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Sandvik AB (publ) analysed technically?
Technical analysis of Sandvik AB (publ) is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Sandvik AB (publ)?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Sandvik AB (publ)?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Sandvik AB (publ) it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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