AKER ASA-A SHARES (AKER.OL) Stock Technical Analysis
OSL:AKER - Euronext Oslo - NO0010234552 - Common Stock - Currency: NOK
We assign a technical rating of 8 out of 10 to AKER. Although AKER is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
AKER 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 AKER is lagging the market slightly.
When compared to the yearly performance of all other stocks, AKER outperforms 63% of them, which is more or less in line with the market.
AKER is part of the Industrial Conglomerates industry. There are 14 other stocks in this industry, AKER did better than 69% of them.
In the last month AKER has a been trading in the 599.00 - 695.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, AKER also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 631.89, a Stop Loss order could be placed below this zone.
More info and screens
534.60
698.93
When analyzing the support we can see 5 important areas.
- A support zone ranging from 654.20 to 654.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 621.28 to 633.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @590.00 from a horizontal line in the daily time frame.
- Support @573.33 from a trend line in the weekly time frame.
- A support zone ranging from 540.00 to 552.00. 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 672.50 to 680.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @692.01 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 | UP | POSITIVE | The long term trend for AKER.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AKER.OL is up. |
| ChartMill Relative Strength | 63.86 | NEUTRAL | AKER.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AKER.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AKER.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AKER.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.83 | NEUTRAL | The RSI value for AKER.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.86 | NEGATIVE | The MACD value suggests AKER.OL has a negative trend. |
| Stochastics (14,3) | 45.94 | NEUTRAL | The Stochastics value for AKER.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for AKER.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 28.58 | POSITIVE | The high ADX value value for AKER.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 680.02 | 652.99 | 27.03 (3.97%) | 25.00% |
| An entry @680.02. This is a Buy Stop order right above the resistance zone. | An exit @652.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 27.03 points, which is 3.97%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.99%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:AKER (7/1/2025, 4:19:51 PM)
658.5
+3.5 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg0.53%
1 Week-5.35%
2 Weeks-3.11%
1 Month8.99%
3 Month17.81%
6 Month12.74%
12 Month3.64%
2 Year7.64%
3 Year-13.36%
5 Year86.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)14.71
ATR(20)%2.04%
ATR Inc-26.32%
Range Today19.5
ADR(20)12.2
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.86
Mansfield0.24
10 Day High695
10 Day Low653
20 Day High695
20 Day Low599
52 Week High695
52 Week Low520
CS1 End631.89
CR1 Start674.6
Volume & EV
DER(3)-6.05%
DER(5)-4.27%
Volume8.09K
Volume Incr-14.41%
Vol(5)34.27K
Vol(50)37.50K