ARENDALS FOSSEKOMPANI ASA (AFK.OL) Stock Technical Analysis
OSL:AFK - Euronext Oslo - NO0003572802 - Common Stock - Currency: NOK
We assign a technical rating of 5 out of 10 to AFK. In the past year, AFK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, AFK is a bad performer in the overall market: 65% of all stocks are doing better.
AFK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AFK is lagging the market.
Warning: AFK has an average volume of 5915 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
AFK is part of the Industrial Conglomerates industry. There are 14 other stocks in this industry, AFK did better than 46% of them.
In the last month AFK has a been trading in the 122.50 - 148.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
AFK has an average technical rating and it also does not offer a high quality setup 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
117.81
149.48
When analyzing the support we can see 4 important areas.
- A support zone ranging from 127.53 to 131.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @125.50 from a trend line in the weekly time frame.
- Support @123.00 from a horizontal line in the daily time frame.
- A support zone ranging from 119.00 to 120.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance 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 | UP | POSITIVE | The short term trend for AFK.OL is up. |
| ChartMill Relative Strength | 35.81 | 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) | DOWN | NEGATIVE | The current price of AFK.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.99 | NEUTRAL | The RSI value for AFK.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.06 | POSITIVE | The MACD value suggests AFK.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.71 | NEUTRAL | The Stochastics value for AFK.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for AFK.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.6 | NEUTRAL | The ADX value for AFK.OL suggests a possible start of a new 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 (6/18/2025, 7:00:00 PM)
132.5
-2.5 (-1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-1.85%
1 Week3.52%
2 Weeks6.85%
1 Month3.11%
3 Month11.34%
6 Month-7.99%
12 Month-16.03%
2 Year-27.2%
3 Year-52.51%
5 Year-95.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.68
ATR(20)%3.21%
ATR Inc-31.06%
Range Today3
ADR(20)3.73
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.81
Mansfield-1.19
10 Day High148
10 Day Low123
20 Day High148
20 Day Low122.5
52 Week High175.4
52 Week Low119
CS1 End131.45
CR1 Start143.51
Volume & EV
DER(3)0%
DER(5)0.05%
Volume11.22K
Volume Incr397.26%
Vol(5)24.64K
Vol(50)5.92K