ARENDALS FOSSEKOMPANI ASA (AFK.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:AFK - NO0003572802 - Common Stock
Taking everything into account, AFK scores 8 out of 10 in our technical rating. Although AFK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: AFK has an average volume of 4441 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!
- AFK 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.
- In the last month AFK has a been trading in the 131.00 - 153.00 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When compared to the yearly performance of all other stocks, AFK outperforms 63% of them, which is more or less in line with the market.
- AFK is an average performer in the Industrial Conglomerates industry, it outperforms 66% of 16 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AFK has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
121.77
When analyzing the support we can see 4 important areas.
- A support zone ranging from 134.14 to 135.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 129.99 to 130.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @127.46 from a trend line in the daily time frame.
- Support @123.00 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 153.01 to 153.01. 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 AFK.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AFK.OL is up. |
| ChartMill Relative Strength | 63.35 | NEUTRAL | AFK.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AFK.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AFK.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AFK.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.22 | OVERBOUGHT | The high RSI value suggests AFK.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.76 | POSITIVE | The MACD value suggests AFK.OL has a positive trend. |
| Stochastics (14,3) | 95.12 | OVERBOUGHT | The high Stochastics value suggests AFK.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for AFK.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.44 | NEUTRAL | The ADX value for AFK.OL suggests a possible start of a new trend. |
OSL:AFK (1/20/2026, 4:05:25 PM)
152
+1 (+0.66%)
ARENDALS FOSSEKOMPANI ASA / AFK.OL FAQ
What is the ChartMill technical rating of ARENDALS FOSSEKOMPANI ASA (AFK.OL) stock?
ChartMill assigns a technical rating of 8 / 10 to AFK.OL.
What is the trend direction for AFK stock?
The current trend direction for ARENDALS FOSSEKOMPANI ASA (AFK.OL) is Bullish.
Can you provide the RSI signal for ARENDALS FOSSEKOMPANI ASA?
ARENDALS FOSSEKOMPANI ASA (AFK.OL) has an RSI value of 76.2193. This indicates that the stock is currently overbought.
What is the MACD signal for ARENDALS FOSSEKOMPANI ASA (AFK.OL) stock?
The MACD indicator for ARENDALS FOSSEKOMPANI ASA (AFK.OL) has a value of 1.76107, indicating a bullish trend.
Can you provide the buy/sell signal for ARENDALS FOSSEKOMPANI ASA?
The buy/sell signal for ARENDALS FOSSEKOMPANI ASA (AFK.OL) is buy as both the short term and long term trends are positive.