ARENDALS FOSSEKOMPANI ASA (AFK.OL) Stock Technical Analysis
OSL:AFK - NO0003572802 - Common Stock
134 NOK
+1 (+0.75%)
We assign a technical rating of 2 out of 10 to AFK. 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.
78% of all other stocks performed better in the past year than AFK.
AFK is part of the Industrial Conglomerates industry. There are 15 other stocks in this industry, of which 64% are performing better than AFK.
AFK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AFK has a been trading in the 129.50 - 142.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: AFK has an average volume of 3699 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
AFK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 130.20, a Stop Loss order could be placed below this zone.
More info and screens
117.80
149.48
We found 2 important support areas.
- A support zone ranging from 128.36 to 130.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 118.99 to 120.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 134.19 to 135.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @140.82 from a trend line in the daily time frame.
- 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 | DOWN | NEGATIVE | The short term trend for AFK.OL is down. |
| ChartMill Relative Strength | 22.62 | NEGATIVE | AFK.OL has a low relative strength, it was outperformed by 77.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AFK.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AFK.OL is below a declining 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) | 48.4 | NEUTRAL | The RSI value for AFK.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests AFK.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.48 | OVERSOLD | The low Stochastics value suggests AFK.OL may be oversold. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for AFK.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.28 | 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 (8/21/2025, 7:00:00 PM)
134
+1 (+0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg0.75%
1 Week-0.74%
2 Weeks-3.6%
1 Month0.75%
3 Month5.93%
6 Month4.69%
12 Month-18.49%
2 Year-7.97%
3 Year-54.81%
5 Year-95.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.64
ATR(20)%2.85%
ATR Inc-0.89%
Range Today4.5
ADR(20)3.58
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.62
Mansfield-1.14
10 Day High139
10 Day Low129.5
20 Day High142.5
20 Day Low129.5
52 Week High175.4
52 Week Low119
CS1 End130.2
CR1 Start134.19
Volume & EV
DER(3)0%
DER(5)0%
Volume8.31K
Volume Incr118.42%
Vol(5)4.85K
Vol(50)3.70K