AF GRUPPEN ASA (AFG.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:AFG - NO0003078107 - Common Stock
We assign a technical rating of 9 out of 10 to AFG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AFG is showing a nice and steady performance.
AFG has an excellent technical rating and also presents 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 186.39, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
139.55
We found 4 important support areas.
- A support zone ranging from 184.24 to 186.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @173.79 from a trend line in the daily time frame.
- A support zone ranging from 164.40 to 167.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @140.96 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important 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 | UP | POSITIVE | The short term trend for AFG.OL is up. |
| ChartMill Relative Strength | 71.35 | POSITIVE | AFG.OL has a high relative strength, it outperformed 71.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AFG.OL is above the rising 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) | 57.32 | NEUTRAL | The RSI value for AFG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests AFG.OL has a negative trend. |
| Stochastics (14,3) | 77.33 | NEUTRAL | The Stochastics value for AFG.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for AFG.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 24.75 | NEUTRAL | The ADX value for AFG.OL suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 188.22 | 184.23 | 3.99 (2.12%) | 25.00% |
| An entry @188.22. This is a Buy Stop order right above the resistance zone. | An exit @184.23. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.99 points, which is 2.12%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%. |
- The distance between exit and entry is rather small compared to the average daily movement of AFG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:AFG (1/2/2026, 7:00:00 PM)
186.4
-1.8 (-0.96%)
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 9 / 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 57.3228. 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 -0.196226, 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 186.39 and a resistance level at 187.01. Check the full technical report for our detailed analysis of AFG.OL support and resistance levels.