AF GRUPPEN ASA (AFG.OL) Stock Technical Analysis
Europe - OSL:AFG - NO0003078107 - Common Stock
169.6 NOK
-0.4 (-0.24%)
Taking everything into account, AFG scores 10 out of 10 in our technical rating. 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.
Warning: AFG has an average volume of 20966 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, AFG did better than 81% of all other stocks. On top of that, AFG also shows a nice and consistent pattern of rising prices.
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.
AFG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AFG is an average performer in the Construction & Engineering industry, it outperforms 65% of 41 stocks in the same industry.
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.
More info and screens
115.63
174.13
When analyzing the support we can see 7 important areas.
- A support zone ranging from 159.57 to 161.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 154.59 to 155.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 @136.36 from a trend line in the weekly time frame.
- Support @128.98 from a trend line in the weekly time frame.
- Support @116.80 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 170.71 to 172.41. 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 | 81.87 | POSITIVE | AFG.OL has a high relative strength, it outperformed 81.87% 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) | 62.52 | NEUTRAL | The RSI value for AFG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests AFG.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.63 | OVERBOUGHT | The high Stochastics value suggests AFG.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for AFG.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.89 | NEGATIVE | The low ADX value for AFG.OL suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 172.42 | 160.19 | 12.23 (7.09%) | 14.10% |
| An entry @172.42. This is a Buy Stop order right above the resistance zone. | An exit @160.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 12.23 points, which is 7.09%. | For a 1.00% total portfolio risk, you can invest 14.10% 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.
OSL:AFG (9/17/2025, 7:00:00 PM)
169.6
-0.4 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.24%
1 Week0%
2 Weeks2.17%
1 Month5.08%
3 Month12.62%
6 Month19.1%
12 Month37.44%
2 Year36.12%
3 Year22.54%
5 Year-1.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.99
ATR(20)%2.29%
ATR Inc-39.33%
Range Today2.6
ADR(20)3.56
ADR(20)%2.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.87
Mansfield0.38
10 Day High171.8
10 Day Low160.2
20 Day High171.8
20 Day Low154.4
52 Week High173.6
52 Week Low121.8
CS1 End161.39
CR1 Start170.71
Volume & EV
DER(3)3.97%
DER(5)1.44%
Volume26.96K
Volume Incr5.82%
Vol(5)29.55K
Vol(50)20.97K