ARENDALS FOSSEKOMPANI ASA (AFK.OL) Stock Technical Analysis
Europe - OSL:AFK - NO0003572802 - Common Stock
138 NOK
+4 (+2.99%)
Overall AFK gets a technical rating of 3 out of 10. In the last year, AFK was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, AFK is a bad performer in the overall market: 84% of all stocks are doing better.
AFK is part of the Industrial Conglomerates industry. There are 15 other stocks in this industry, of which 71% are performing better than AFK.
Warning: AFK has an average volume of 3626 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 neutral. This gives a pretty neutral overall picture!
AFK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AFK is lagging the market.
In the last month AFK has a been trading in the 129.50 - 146.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
AFK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 132.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AFK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
128.61
149.48
We found 2 important support areas.
- A support zone ranging from 134.20 to 137.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 129.91 to 132.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 143.51 to 145.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @148.00 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for AFK.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AFK.OL is neutral. |
| ChartMill Relative Strength | 16.46 | NEGATIVE | AFK.OL has a low relative strength, it was outperformed by 83.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AFK.OL is above a declining 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) | DOWN | MIXED | The current price of AFK.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.53 | NEUTRAL | The RSI value for AFK.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests AFK.OL has a negative trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for AFK.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for AFK.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.48 | NEGATIVE | The low ADX value for AFK.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)
OSL:AFK (9/16/2025, 10:43:59 AM)
138
+4 (+2.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg2.99%
1 Week0%
2 Weeks-3.25%
1 Month-0.37%
3 Month-0.37%
6 Month12.61%
12 Month-22.09%
2 Year-2.76%
3 Year-39.91%
5 Year-96.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.29
ATR(20)%3.34%
ATR Inc-9.85%
Range Today1
ADR(20)4.35
ADR(20)%3.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.46
Mansfield-1.2
10 Day High141.5
10 Day Low130
20 Day High146
20 Day Low129.5
52 Week High172
52 Week Low119
CS1 End132
CR1 Start134.2
Volume & EV
DER(3)0%
DER(5)4.43%
Volume194
Volume Incr-71.27%
Vol(5)1.68K
Vol(50)3.63K