AKVA GROUP ASA (AKVA.OL) Stock Technical Analysis
OSL:AKVA - Euronext Oslo - NO0003097503 - Common Stock - Currency: NOK
We assign a technical rating of 9 out of 10 to AKVA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AKVA is showing a nice and steady performance.
Warning: AKVA has an average volume of 3261 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
AKVA is part of the Machinery industry. There are 111 other stocks in this industry. AKVA outperforms 75% of them.
AKVA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AKVA is performing more or less in line with the market.
In the last month AKVA has a been trading in the 62.20 - 73.80 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that AKVA is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although AKVA has an excellent technical rating, the quality of the presented setup is not ideal 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
58.61
73.73
When analyzing the support we can see 5 important areas.
- A support zone ranging from 71.56 to 72.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 69.51 to 70.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @62.53 from a trend line in the weekly time frame.
- A support zone ranging from 60.20 to 60.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @59.20 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 72.61 to 73.00. 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 AKVA.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AKVA.OL is up. |
| ChartMill Relative Strength | 80.81 | POSITIVE | AKVA.OL has a high relative strength, it outperformed 80.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AKVA.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AKVA.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AKVA.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.28 | NEUTRAL | The RSI value for AKVA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests AKVA.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.58 | OVERBOUGHT | The high Stochastics value suggests AKVA.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for AKVA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 28.15 | POSITIVE | The high ADX value value for AKVA.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:AKVA (5/30/2025, 7:00:00 PM)
72.6
-0.4 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.55%
1 Week0.83%
2 Weeks3.42%
1 Month15.97%
3 Month19.8%
6 Month3.71%
12 Month15.24%
2 Year10.67%
3 Year-10.59%
5 Year25.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.63
ATR(20)%2.7%
ATR Inc25.2%
Range Today1.4
ADR(20)1.85
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.81
Mansfield0.83
10 Day High73.8
10 Day Low69
20 Day High73.8
20 Day Low62.2
52 Week High77
52 Week Low54.8
CS1 End72
CR1 Start72.61
Volume & EV
DER(3)0%
DER(5)6.48%
Volume1.34K
Volume Incr-16.86%
Vol(5)2.33K
Vol(50)3.26K