AKASTOR ASA (AKAST.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:AKAST - NO0010215684 - Common Stock
We assign a technical rating of 8 out of 10 to AKAST. Although AKAST is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- AKAST is part of the Energy Equipment & Services industry. There are 36 other stocks in this industry, of which 60% are performing better than AKAST.
- Both the short term and long term trends are positive. This is a very positive sign.
- AKAST is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AKAST is lagging the market slightly.
- In the last month AKAST has a been trading in the 10.96 - 12.84 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the performance of all stocks over the past year, AKAST turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AKAST has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.71
We found 3 important support areas.
- A support zone ranging from 11.80 to 11.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.53 to 11.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.82 to 10.97. 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 | UP | POSITIVE | The long term trend for AKAST.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AKAST.OL is up. |
| ChartMill Relative Strength | 45.33 | NEUTRAL | AKAST.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AKAST.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AKAST.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AKAST.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.82 | OVERBOUGHT | The high RSI value suggests AKAST.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests AKAST.OL has a positive trend. |
| Stochastics (14,3) | 92.05 | OVERBOUGHT | The high Stochastics value suggests AKAST.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for AKAST.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.94 | NEUTRAL | The ADX value for AKAST.OL suggests a possible start of a new trend. |
OSL:AKAST (1/29/2026, 10:35:20 AM)
13.06
+0.26 (+2.03%)
AKASTOR ASA / AKAST.OL FAQ
Can you provide the ChartMill technical rating for AKASTOR ASA?
ChartMill assigns a technical rating of 8 / 10 to AKAST.OL.
What is the current trend direction of AKASTOR ASA (AKAST.OL) stock?
The current trend direction for AKASTOR ASA (AKAST.OL) is Bullish.
What is the RSI signal for AKAST stock?
AKASTOR ASA (AKAST.OL) has an RSI value of 79.8169. This indicates that the stock is currently overbought.
What is the MACD signal for AKAST stock?
The MACD indicator for AKASTOR ASA (AKAST.OL) has a value of 0.113336, indicating a bearish trend.
Can you provide the buy/sell signal for AKASTOR ASA?
The buy/sell signal for AKASTOR ASA (AKAST.OL) is buy as both the short term and long term trends are positive.