Logo image of AFG.OL

AF GRUPPEN ASA (AFG.OL) Stock Technical Analysis

OSL:AFG - Euronext Oslo - NO0003078107 - Common Stock - Currency: NOK

163  +2.8 (+1.75%)

Technical Rating and Analysis

7

Overall AFG gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AFG is only an average performer.

Warning: AFG has an average volume of 15339 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
AFG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AFG is lagging the market slightly.
In the last month AFG has a been trading in the 151.00 - 160.80 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that AFG is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
AFG is part of the Construction & Engineering industry. There are 44 other stocks in this industry, AFG did better than 48% of them.
Weekly and Daily overview Charts
AF GRUPPEN ASA / AFG Weekly stock chart
AF GRUPPEN ASA / AFG Daily stock chart
Setup Rating and Analysis

7

Although AFG has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

115.63

164.63

6 important support areas can be observed.

  • A support zone ranging from 154.47 to 157.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @149.80 from a horizontal line in the daily time frame.
  • Support @146.59 from a horizontal line in the weekly time frame.
  • Support @134.83 from a trend line in the weekly time frame.
  • A support zone ranging from 128.13 to 128.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @116.80 from a horizontal line in the weekly time frame.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for AFG.OL is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for AFG.OL is up.
ChartMill Relative Strength71.69POSITIVEAFG.OL has a high relative strength, it outperformed 71.69% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of AFG.OL is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of AFG.OL is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of AFG.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)61.3NEUTRALThe RSI value for AFG.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.05POSITIVEThe MACD value suggests AFG.OL has a positive trend.
Stochastics (14,3)85.42OVERBOUGHTThe high Stochastics value suggests AFG.OL may be overbought.
Average True Range in percent/ATR (20)1.77LOW VOLATILITYThe low ATR as a percentage value for AFG.OL suggests low volalility.
Average Directional Index/ADX (14)14.75NEGATIVEThe low ADX value for AFG.OL suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
160.81153.797.02 (4.37%)22.91%
An entry @160.81. This is a Buy Stop order right above the 10 day high.An exit @153.79. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 7.02 points, which is 4.37%.For a 1.00% total portfolio risk, you can invest 22.91% of your capital in this trade.

  • 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.
AF GRUPPEN ASA / AFG Daily stock chart

AF GRUPPEN ASA

OSL:AFG (8/12/2025, 4:19:56 PM)

163

+2.8 (+1.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg1.75%
1 Week2.3%
2 Weeks0.63%
1 Month2.82%
3 Month8.83%
6 Month-4.98%
12 Month21%
2 Year21.18%
3 Year-3.49%
5 Year-3.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.91
ATR(20)%1.77%
ATR Inc-25%
Range Today3.4
ADR(20)2.81
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.69
Mansfield0.3
10 Day High160.8
10 Day Low153.8
20 Day High160.8
20 Day Low151
52 Week High173.6
52 Week Low117.6
CS1 End157.8
CR1 StartN/A
Volume & EV
DER(3)-1.74%
DER(5)-1.18%
Volume4.62K
Volume Incr90.3%
Vol(5)20.18K
Vol(50)15.34K