AVANCE GAS HOLDING LTD (AGAS.OL) Stock Technical Analysis
OSL:AGAS - Euronext Oslo - BMG067231032 - Common Stock - Currency: NOK
Taking everything into account, AGAS scores 0 out of 10 in our technical rating. AGAS'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, AGAS is a bad performer in the overall market: 100% of all stocks are doing better.
AGAS is part of the Oil, Gas & Consumable Fuels industry. There are 61 other stocks in this industry, of which 90% are performing better than AGAS.
AGAS is currently trading near the lower end of its 52 week range, which is not a good sign. 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 1.30 - 2.65 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
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
1.40
1.69
When analyzing the support we notice one important area.
- A support zone ranging from 1.41 to 1.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 0.16 | NEGATIVE | AGAS.OL has a low relative strength, it was outperformed by 99.84% 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) | 23.81 | 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) | 18.15 | OVERSOLD | The low Stochastics value suggests AGAS.OL may be oversold. |
| Average True Range in percent/ATR (20) | 15.05 | HIGH VOLATILITY | The high ATR as a percentage value for AGAS.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 47.72 | 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 (6/19/2025, 12:14:54 PM)
1.669
+0.24 (+16.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg16.71%
1 Week-4.86%
2 Weeks-16.18%
1 Month-40.12%
3 Month-87%
6 Month-98.06%
12 Month-99.11%
2 Year-98.42%
3 Year-97.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%15.05%
ATR Inc-38.5%
Range Today0.22
ADR(20)0.21
ADR(20)%12.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.16
Mansfield-9.82
10 Day High1.83
10 Day Low1.3
20 Day High2.65
20 Day Low1.3
52 Week High191.4
52 Week Low1.3
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-0.73%
DER(5)0.05%
Volume15.38K
Volume Incr-44.53%
Vol(5)285.59K
Vol(50)535.24K