Europe - OSL:ALNG - NO0010607971 - Common Stock
Taking everything into account, ALNG scores 6 out of 10 in our technical rating. ALNG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
ALNG has an average technical rating and the quality of the presented setup is also 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.
2.25
4 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for ALNG.OL is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALNG.OL is up. |
ChartMill Relative Strength | 9.9 | NEGATIVE | ALNG.OL has a low relative strength, it was outperformed by 90.1% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALNG.OL is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALNG.OL is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALNG.OL is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 57.58 | NEUTRAL | The RSI value for ALNG.OL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ALNG.OL has a positive trend. |
Stochastics (14,3) | 83.51 | OVERBOUGHT | The high Stochastics value suggests ALNG.OL may be overbought. |
Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for ALNG.OL suggests some volalility. |
Average Directional Index/ADX (14) | 28.24 | POSITIVE | The high ADX value value for ALNG.OL suggests a strong trend. |
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 |
---|---|---|---|
3.54 | 3.38 | 0.16 (4.52%) | 22.13% |
An entry @3.54. This is a Buy Stop order right above the resistance zone. | An exit @3.38. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.16 points, which is 4.52%. | When investing 22.13% of your capital in this trade, your total portfolio risk will be 1.00%. |
OSL:ALNG (9/12/2025, 3:43:16 PM)
3.51
-0.04 (-1.13%)