ARENDALS FOSSEKOMPANI ASA (AFK.OL) Stock Technical Analysis
OSL:AFK - Euronext Oslo - NO0003572802 - Common Stock - Currency: NOK
Taking everything into account, AFK scores 1 out of 10 in our technical rating. AFK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
83% of all other stocks performed better in the past year than AFK.
AFK is part of the Industrial Conglomerates industry. There are 13 other stocks in this industry, of which 75% are performing better than AFK.
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.
In the last month AFK has a been trading in the 124.00 - 136.00 range, which is quite wide. It is currently trading near the lows of this range.
Warning: AFK has an average volume of 11742 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, AFK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 119.00, 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
117.81
137.37
We found 1 important support area.
- A support zone ranging from 119.00 to 119.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 126.06 to 130.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 133.97 to 136.01. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for AFK.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AFK.OL is neutral. |
| ChartMill Relative Strength | 17.36 | NEGATIVE | AFK.OL has a low relative strength, it was outperformed by 82.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AFK.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AFK.OL is below 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) | 45.65 | NEUTRAL | The RSI value for AFK.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests AFK.OL has a negative trend. |
| Stochastics (14,3) | 18.06 | OVERSOLD | The low Stochastics value suggests AFK.OL may be oversold. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for AFK.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.97 | 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 (5/28/2025, 7:00:00 PM)
125.5
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg0%
1 Week-1.95%
2 Weeks-5.64%
1 Month-1.95%
3 Month-0.08%
6 Month-11.74%
12 Month-31.42%
2 Year-42.82%
3 Year-62.31%
5 Year-95.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.68
ATR(20)%2.75%
ATR Inc-17.65%
Range Today3
ADR(20)3.18
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.36
Mansfield-1.57
10 Day High136
10 Day Low124
20 Day High136
20 Day Low124
52 Week High183
52 Week Low119
CS1 End119
CR1 Start126.06
Volume & EV
DER(3)1011.31%
DER(5)2086.78%
Volume6
Volume Incr-40.56%
Vol(5)1.97K
Vol(50)11.74K