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SKFRY stock – SKF AB ADR sideways range & retest history

OTC Markets

On the weekly chart, SKFRY broke out below its sideways range between $18.15 and $28.84 (started 26 Jul 2020), its pullback failed, and NasdaqScan detected a retest of the low in the week of 4 Sept 2022, 770 days after the range began.

Since 2019, NasdaqScan has found 2 sideways ranges in SKFRY. The completed range lasted 637 days. It broke upward. The current range is 59% wide from low to high.

The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.

Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.

Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.

Sideways ranges

RangeStartedEndedHow it endedRetest signals (week of)
26 Jul 2020Open—4 Sept 2022 (Go ahead)
21 Apr 201917 Jan 2021 (637 days)Broke above the range at $28.84—

Retest signals detected

  • Week of 4 Sept 2022: retest of the low after a breakout below a sideways range, 770 days after the range began (Go ahead)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

← All current retest signals