AVANCE GAS HOLDING LTD (AGAS.OL) Stock Technical Analysis
OSL:AGAS - Euronext Oslo - BMG067231032 - Common Stock - Currency: NOK
We assign a technical rating of 0 out of 10 to AGAS. AGAS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than AGAS.
AGAS is part of the Oil, Gas & Consumable Fuels industry. There are 59 other stocks in this industry, of which 94% are performing better than AGAS.
AGAS is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so AGAS is lagging the market.
In the last month AGAS has a been trading in the 1.72 - 5.13 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of AGAS is bad and it also does not present a 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
1.73
1.77
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 AGAS.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AGAS.OL is down. |
| ChartMill Relative Strength | 0.1 | NEGATIVE | AGAS.OL has a low relative strength, it was outperformed by 99.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGAS.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AGAS.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGAS.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.99 | OVERSOLD | The low RSI value suggests AGAS.OL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests AGAS.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 0.96 | OVERSOLD | The low Stochastics value suggests AGAS.OL may be oversold. |
| Average True Range in percent/ATR (20) | 28.16 | HIGH VOLATILITY | The high ATR as a percentage value for AGAS.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 40.4 | POSITIVE | The high ADX value value for AGAS.OL suggests a strong 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:AGAS (5/28/2025, 7:00:00 PM)
1.75
-0.07 (-3.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.69%
1 Week-32.12%
2 Weeks-53.26%
1 Month-47.7%
3 Month-89.3%
6 Month-98.46%
12 Month-99.05%
2 Year-98.09%
3 Year-96.82%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%28.16%
ATR Inc-53.19%
Range Today0.13
ADR(20)0.48
ADR(20)%27.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.1
Mansfield-9.8
10 Day High3.84
10 Day Low1.72
20 Day High5.14
20 Day Low1.72
52 Week High191.4
52 Week Low1.72
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-0.5%
DER(5)-0.25%
Volume571.14K
Volume Incr-21.78%
Vol(5)569.47K
Vol(50)507.83K