AF GRUPPEN ASA (AFG.OL) Stock Technical Analysis
Europe • Euronext Oslo • OSL:AFG • NO0003078107
Overall AFG gets a technical rating of 5 out of 10. In the last year, AFG was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- Warning: AFG has an average volume of 27088 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- AFG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the performance of all stocks over the past year, AFG turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
- AFG is an average performer in the Construction & Engineering industry, it outperforms 43% of 45 stocks in the same industry.
- In the last month AFG has a been trading in a tight range between 178.80 and 187.80.
AFG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 187.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 183.61, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
140.77
We found 4 important support areas.
- A support zone ranging from 177.56 to 183.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @167.80 from a horizontal line in the daily time frame.
- Support @164.40 from a horizontal line in the daily time frame.
- Support @142.19 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 187.01 to 188.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AFG.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AFG.OL is neutral. |
| ChartMill Relative Strength | 60.28 | NEUTRAL | AFG.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AFG.OL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AFG.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AFG.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.42 | NEUTRAL | The RSI value for AFG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests AFG.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.26 | NEUTRAL | The Stochastics value for AFG.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for AFG.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 14.48 | NEGATIVE | The low ADX value for AFG.OL suggests a weak or negative trend. |
OSL:AFG (1/30/2026, 7:00:00 PM)
184.6
+3 (+1.65%)
AF GRUPPEN ASA / AFG.OL FAQ
What is the ChartMill technical rating of AF GRUPPEN ASA (AFG.OL) stock?
ChartMill assigns a technical rating of 5 / 10 to AFG.OL.
What is the current trend direction of AF GRUPPEN ASA (AFG.OL) stock?
The current trend direction for AF GRUPPEN ASA (AFG.OL) is Bullish.
What is the RSI signal for AFG stock?
AF GRUPPEN ASA (AFG.OL) has an RSI value of 54.416. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AF GRUPPEN ASA?
The MACD indicator for AF GRUPPEN ASA (AFG.OL) has a value of -0.211882, indicating a bearish trend.
What are the support and resistance levels for AF GRUPPEN ASA (AFG.OL) stock?
AF GRUPPEN ASA (AFG.OL) has a support level at 183.61 and a resistance level at 187.01. Check the full technical report for our detailed analysis of AFG.OL support and resistance levels.